# The Building Societies (Liquid Asset) Regulations 1987, Paragraph 5


A deposit which comes within paragraph 15 or 16 of Part I above is a liquid asset only where it is secured by the transfer to the society of a liquid asset which comes within paragraph 5, 11 or 12 thereof.

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Source: https://www.legislation.gov.uk/uksi/1987/1499/schedule/1/part/II/paragraph/5 (the official version)
Page: https://openlegislation.uk/building-societies-liquid-asset-regulations-1987/schedule-1/part-II/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.