{
  "url": "https://openlegislation.uk/building-societies-restricted-transactions-amendment-to-the-limit-on-the-trade-in-currencies-order-2017/note",
  "json_url": "https://openlegislation.uk/building-societies-restricted-transactions-amendment-to-the-limit-on-the-trade-in-currencies-order-2017/note.json",
  "legislation": "uksi/2017/1307",
  "legislation_title": "The Building Societies (Restricted Transactions) (Amendment to the Limit on the Trade in Currencies) Order 2017",
  "legislation_url": "https://openlegislation.uk/building-societies-restricted-transactions-amendment-to-the-limit-on-the-trade-in-currencies-order-2017",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nSection 9A(3)(a) of the Building Societies Act 1986 (c.53) prohibits a building society, or a subsidiary undertaking of a building society, from trading in currencies where the amount or value of the consideration given by the society or undertaking exceeds £100,000. This Order increases that amount or value to £3 million.\nA full impact assessment has not been produced for this instrument as no significant impact on the private or voluntary sector is foreseen.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2017/1307/note",
    "retrieved_at": "2026-10-28T23:04:09.796654+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."
}