{
  "url": "https://openlegislation.uk/building-societies-prescribed-contracts-order-1993/schedule/part-II",
  "json_url": "https://openlegislation.uk/building-societies-prescribed-contracts-order-1993/schedule/part-II.json",
  "legislation": "uksi/1993/984",
  "legislation_title": "The Building Societies (Prescribed Contracts) Order 1993",
  "legislation_url": "https://openlegislation.uk/building-societies-prescribed-contracts-order-1993",
  "path": "schedule/part/II",
  "kind": "part",
  "number": "II",
  "heading": "TERMS FOR OPTION CONTRACTS",
  "text": "A society agrees with a participant (whether by a single agreement or by a series of agreements) that, in consideration for the payment by one party to the agreement, to the other of specified sums of money, the payer will have the right at specified times or during a specified period to buy from or sell to the payee either a specified security or a specified amount of a specified security at a specified price.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "substituted",
      "affecting": "uksi/1996/1605",
      "affecting_title": "The Building Societies (Prescribed Contracts) (Amendment) Order 1996"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1993/984/schedule/part/II",
    "retrieved_at": "2026-10-29T13:58:41.532649+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."
}