{
  "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991",
  "json_url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991.json",
  "id": "uksi/1991/2580",
  "title": "The Building Societies (Liquid Asset) Regulations 1991",
  "short_title": "Building Societies (Liquid Asset) 1991",
  "long_title": "These Regulations set out (in Parts I and II of the Schedule) the liquid assets which a building society may hold under section 21 of the Building Societies Act 1986 for the purposes of meeting its liabilities as they arise. They replace The Building Societies (Liquid Asset) Regulations 1987, The Building Societies (Liquid Asset) (Amendment) Regulations 1989 and The Building Societies (Liquid Asset) (Amendment) Regulations 1991.",
  "citation": "S.I. 1991/2580",
  "type": "uksi",
  "year": "1991",
  "number": "2580",
  "version": "current",
  "date": "1991-11-11",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 15,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/regulation-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/regulation-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "Prescription of liquid assets",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/regulation-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/4",
      "kind": "regulation",
      "number": "4",
      "heading": "Revocation",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/regulation-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/5",
      "kind": "regulation",
      "number": "5",
      "heading": "Transitional provision",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/regulation-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/signature",
      "extent": null,
      "status": null,
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    },
    {
      "path": "schedule",
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      "number": null,
      "heading": null,
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "schedule/part/I",
      "kind": "part",
      "number": "I",
      "heading": "LIQUID ASSETS",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "schedule"
    },
    {
      "path": "schedule/part/I/paragraph/1",
      "kind": "paragraph",
      "number": "1",
      "heading": null,
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/part-I/paragraph-1",
      "extent": null,
      "status": null,
      "parent": "schedule/part/I"
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    {
      "path": "schedule/part/I/paragraph/2",
      "kind": "paragraph",
      "number": "2",
      "heading": null,
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/part-I/paragraph-2",
      "extent": null,
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      "parent": "schedule/part/I"
    },
    {
      "path": "schedule/part/I/paragraph/3",
      "kind": "paragraph",
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      "heading": null,
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/part-I/paragraph-3",
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      "parent": "schedule/part/I"
    },
    {
      "path": "schedule/part/I/paragraph/4",
      "kind": "paragraph",
      "number": "4",
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    {
      "path": "schedule/paragraph/5",
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      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/paragraph-5",
      "extent": null,
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      "parent": "schedule/part/I"
    },
    {
      "path": "schedule/paragraph/6",
      "kind": "paragraph",
      "number": "6",
      "heading": null,
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/paragraph-6",
      "extent": null,
      "status": null,
      "parent": "schedule/part/I"
    },
    {
      "path": "schedule/paragraph/7",
      "kind": "paragraph",
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      "heading": null,
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/paragraph-7",
      "extent": null,
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      "parent": "schedule/part/I"
    },
    {
      "path": "schedule/paragraph/8",
      "kind": "paragraph",
      "number": "8",
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      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/paragraph-8",
      "extent": null,
      "status": null,
      "parent": "schedule/part/I"
    },
    {
      "path": "schedule/part/II",
      "kind": "part",
      "number": "II",
      "heading": "PROVISIONS APPLICABLE TO CERTAIN DESCRIPTIONS OF ASSETS",
      "url": null,
      "extent": null,
      "status": null,
      "parent": "schedule"
    },
    {
      "path": "schedule/part/II/paragraph/1",
      "kind": "paragraph",
      "number": "1",
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      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/part-II/paragraph-1",
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      "parent": "schedule/part/II"
    },
    {
      "path": "schedule/part/II/paragraph/2",
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      "number": "2",
      "heading": null,
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/part-II/paragraph-2",
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    },
    {
      "path": "schedule/part/II/paragraph/3",
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    },
    {
      "path": "schedule/part/II/paragraph/4",
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      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/part-II/paragraph-4",
      "extent": null,
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      "parent": "schedule/part/II"
    },
    {
      "path": "schedule/part/III",
      "kind": "part",
      "number": "III",
      "heading": "INTERPRETATION",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/schedule/part-III",
      "extent": null,
      "status": null,
      "parent": "schedule"
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/building-societies-liquid-asset-regulations-1991/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affected_provisions": "Sch. Pt I. paras 2(a)(c). 3(1)(b)(c)",
      "affecting": "uksi/1992/2930",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1992",
      "affecting_provisions": "reg.2(a)(b)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch, Pt I. para 9",
      "affecting": "uksi/1992/2930",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1992",
      "affecting_provisions": "reg.2(c)"
    },
    {
      "type": "amended",
      "affected_provisions": "Sch, Pt II",
      "affecting": "uksi/1992/2930",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1992",
      "affecting_provisions": "reg.3"
    },
    {
      "type": "added",
      "affected_provisions": "Sch. Pt III (defn. of clearing agent)",
      "affecting": "uksi/1992/2930",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1992",
      "affecting_provisions": "reg.4(1)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch, Pt III (defn of depository)",
      "affecting": "uksi/1992/2930",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1992",
      "affecting_provisions": "reg.4(2)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch. Pt III (defn of EFTA State)",
      "affecting": "uksi/1992/2930",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1992",
      "affecting_provisions": "reg.4(2)"
    },
    {
      "type": "amended",
      "affected_provisions": "Sch. Pt III (defn of mortgage backed securities)",
      "affecting": "uksi/1992/2930",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1992",
      "affecting_provisions": "reg.4(3)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch, Pt III (defn of rights to any securities)",
      "affecting": "uksi/1992/2930",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1992",
      "affecting_provisions": "reg.4(4)"
    },
    {
      "type": "substituted",
      "affected_provisions": "Sch., Pt.I, para.8",
      "affecting": "uksi/1995/3064",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) (No. 2) Regulations 1995",
      "affecting_provisions": "reg.3(a)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch., Pt.I, para.10",
      "affecting": "uksi/1995/3064",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) (No. 2) Regulations 1995",
      "affecting_provisions": "reg.3(b)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch., Pt.III (defn. of stock iending right)",
      "affecting": "uksi/1995/3064",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) (No. 2) Regulations 1995",
      "affecting_provisions": "reg.3(c)"
    },
    {
      "type": "amended",
      "affected_provisions": "Sch., Pt.II, para.1",
      "affecting": "uksi/1995/550",
      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1995",
      "affecting_provisions": "reg.2(a)"
    },
    {
      "type": "substituted",
      "affected_provisions": "Sch., Pt.III (defn. of mortgage backed securities) para.(ii)",
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      "affecting_title": "The Building Societies (Liquid Asset) (Amendment) Regulations 1995",
      "affecting_provisions": "reg.2(b)"
    },
    {
      "type": "words substituted",
      "affected_provisions": "Sch. Pt. 3",
      "affecting": "uksi/1998/1129",
      "affecting_title": "The Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) Order 1998",
      "affecting_provisions": "Sch. 1 para. 12(a)"
    },
    {
      "type": "words substituted",
      "affected_provisions": "Sch. Pt. 3",
      "affecting": "uksi/1998/1129",
      "affecting_title": "The Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) Order 1998",
      "affecting_provisions": "Sch. 1 para. 12(b)"
    }
  ],
  "made_under": [
    {
      "id": "ukpga/1986/53",
      "title": "Building Societies Act 1986",
      "url": "https://openlegislation.uk/building-societies-act-1986",
      "provisions": [
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  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1991/2580",
    "retrieved_at": "2026-10-29T14:34:26.514833+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}