Paragraph 2
Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:
- Sch. Pt I. paras 2(a)(c). 3(1)(b)(c) amended by Building Societies (Liquid Asset) 1992 reg.2(a)(b)
- Sch, Pt I. para 9 added by Building Societies (Liquid Asset) 1992 reg.2(c)
- Sch, Pt II amended by Building Societies (Liquid Asset) 1992 reg.3
- Sch. Pt III (defn. of clearing agent) added by Building Societies (Liquid Asset) 1992 reg.4(1)
- Sch, Pt III (defn of depository) added by Building Societies (Liquid Asset) 1992 reg.4(2)
- Sch. Pt III (defn of EFTA State) added by Building Societies (Liquid Asset) 1992 reg.4(2)
- Sch. Pt III (defn of mortgage backed securities) amended by Building Societies (Liquid Asset) 1992 reg.4(3)
- Sch, Pt III (defn of rights to any securities) added by Building Societies (Liquid Asset) 1992 reg.4(4)
- Sch., Pt.III (defn. of stock iending right) added by Building Societies (Liquid Asset) 1995 reg.3(c)
- Sch., Pt.II, para.1 amended by Building Societies (Liquid Asset) 1995 reg.2(a)
- Sch., Pt.III (defn. of mortgage backed securities) para.(ii) substituted by Building Societies (Liquid Asset) 1995 reg.2(b)
- Sch. Pt. 3 words substituted by Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) 1998 Sch. 1 para. 12(a)
- Sch. Pt. 3 words substituted by Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) 1998 Sch. 1 para. 12(b)
A loan which comes within paragraph 7(a) of Part I is a liquid asset only where it is secured by a charge on the Consolidated Fund of Northern Ireland.