# The Building Societies (Non-Retail Funds and Deposits) (Limit on Election) Order 1995, Article 2: Limit on liabilities in respect of non-retail funds and deposits


For the purposes of section 7(6) of the Building Societies Act 1986 (which prescribes a limit on the amount of a society’s liabilities to any person which may be disregarded pursuant to an election by the society not to count certain funds or deposits towards the limit on non-retail funds and deposits), for £50,000 as the prescribed amount there shall be substituted £100,000.

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Source: https://www.legislation.gov.uk/uksi/1995/1873/article/2 (the official version)
Page: https://openlegislation.uk/building-societies-non-retail-funds-and-deposits-limit-on-election-order-1995/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.