{
  "url": "https://openlegislation.uk/building-societies-non-retail-funds-and-deposits-order-1987",
  "json_url": "https://openlegislation.uk/building-societies-non-retail-funds-and-deposits-order-1987.json",
  "id": "uksi/1987/378",
  "title": "The Building Societies (Non-Retail Funds and Deposits) Order 1987",
  "short_title": "Building Societies (Non-Retail Funds and Deposits) 1987",
  "long_title": "This Order amends section 7 of the Building Societies Act 1986 which empowers a building society to raise funds and borrow money and places a limit on non-retail funds and borrowing. This Order changes the coverage of that limited category in three respects:it specifies the circumstances in which shares held or sums deposited by a body corporate in which individuals hold the beneficial interest are excluded from the category;subject to (a), it includes all sums deposited by banking institutions within the category, notwithstanding any election by a society generally to treat balances of £50,000 or less as outside it; andit widens the range of transferable instruments within the category, by including instruments which are freely transferable by means other than delivery.",
  "citation": "S.I. 1987/378",
  "type": "uksi",
  "year": "1987",
  "number": "378",
  "version": "current",
  "date": "1987-03-09",
  "revised": false,
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      "heading": "Introductory text",
      "url": "https://openlegislation.uk/building-societies-non-retail-funds-and-deposits-order-1987/introduction",
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    },
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      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Amendment of section 7 of the Building Societies Act 1986",
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    },
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      "heading": "Effect of provisions as amended",
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    },
    {
      "path": "schedule/part/I",
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      "number": "I",
      "heading": "section 7(4) of the building societies act 1986, as amended by this order",
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    {
      "path": "schedule/part/II",
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      "number": "II",
      "heading": "section 7(19) of the building societies act 1986, as amended by this order",
      "url": "https://openlegislation.uk/building-societies-non-retail-funds-and-deposits-order-1987/schedule/part-II",
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      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/building-societies-non-retail-funds-and-deposits-order-1987/note",
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    }
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      "date": "2023-11-22",
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      "url": "https://openlegislation.uk/building-societies-non-retail-funds-and-deposits-order-1987/pdf/uksi_19870378_en.pdf",
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  "outstanding_effects": [],
  "made_under": [
    {
      "id": "ukpga/1986/53",
      "title": "Building Societies Act 1986",
      "url": "https://openlegislation.uk/building-societies-act-1986",
      "provisions": [
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  "changes_made_to": 0,
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  "instruments_made_under_url": "https://openlegislation.uk/building-societies-non-retail-funds-and-deposits-order-1987/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/378",
    "retrieved_at": "2026-10-29T16:30:52.622085+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."
}