{
  "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988",
  "json_url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988.json",
  "id": "uksi/1988/777",
  "title": "The Building Societies (Supplementary Capital) Order 1988",
  "short_title": "Building Societies (Supplementary Capital) 1988",
  "long_title": "This Order specifies supplementary capital as a description of capital resource of building societies.",
  "citation": "S.I. 1988/777",
  "type": "uksi",
  "year": "1988",
  "number": "777",
  "version": "current",
  "date": "1988-04-20",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 14,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/article-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/2",
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      "heading": "Interpretation",
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      "extent": null,
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    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Specification of supplementary capital",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/article-3",
      "extent": null,
      "status": null,
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    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Overall limit on extent of aggregation",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/article-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "Revocation of existing Order",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/article-5",
      "extent": null,
      "status": null,
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    },
    {
      "path": "signature",
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      "number": null,
      "heading": "Signature",
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      "extent": null,
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    },
    {
      "path": "schedule",
      "kind": "schedule",
      "number": null,
      "heading": "SUPPLEMENTARY CAPITAL",
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    },
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      "path": "schedule/part/I",
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      "path": "schedule/part/I/paragraph/1",
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      "heading": "Specification of supplementary capital",
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    {
      "path": "schedule/part/I/paragraph/2",
      "kind": "paragraph",
      "number": "2",
      "heading": "Extent of aggregation of supplementary capital",
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      "extent": null,
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    },
    {
      "path": "schedule/part/II",
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      "number": "II",
      "heading": "disqualifying terms",
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    },
    {
      "path": "schedule/part/II/paragraph/1",
      "kind": "paragraph",
      "number": "1",
      "heading": "Repayment in currency other than sterling",
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    {
      "path": "schedule/part/II/paragraph/2",
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      "heading": "Inhibition on merger or business transfer",
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    {
      "path": "schedule/part/III",
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      "number": "III",
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    },
    {
      "path": "schedule/part/III/paragraph/1",
      "kind": "paragraph",
      "number": "1",
      "heading": "References to borrower and lender",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/schedule/part-III/paragraph-1",
      "extent": null,
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      "parent": "schedule/part/III"
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    {
      "path": "schedule/part/III/paragraph/2",
      "kind": "paragraph",
      "number": "2",
      "heading": "Calculation of principal amount advanced",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/schedule/part-III/paragraph-2",
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      "parent": "schedule/part/III"
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      "path": "schedule/paragraph/3",
      "kind": "paragraph",
      "number": "3",
      "heading": "Determination of effect of issue terms",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/schedule/paragraph-3",
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      "path": "schedule/paragraph/4",
      "kind": "paragraph",
      "number": "4",
      "heading": "Other Expressions",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/schedule/paragraph-4",
      "extent": null,
      "status": null,
      "parent": "schedule/part/III"
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/note",
      "extent": null,
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    }
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  "outstanding_effects": [
    {
      "type": "replaced",
      "affected_provisions": "art.2 (defn of balance sheet)",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992",
      "affecting_provisions": "art.4(a)"
    },
    {
      "type": "added",
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      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992",
      "affecting_provisions": "art.4(b)"
    },
    {
      "type": "rev in pt",
      "affected_provisions": "art.4(1)",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992",
      "affecting_provisions": "art.4(c)"
    },
    {
      "type": "substituted",
      "affected_provisions": "art.4(2)",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992",
      "affecting_provisions": "art.4(d)"
    },
    {
      "type": "amended",
      "affected_provisions": "Sch, Pt I, para 1(2)",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992",
      "affecting_provisions": "art.4(e)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch, Pt II, paras 3, 4",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992",
      "affecting_provisions": "art.4(f)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch, Pt III, para 4 defn(s)",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992",
      "affecting_provisions": "art.4(g)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch. Pt III, para 4 (defn of specified)",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992",
      "affecting_provisions": "art.4(h)"
    },
    {
      "type": "modified",
      "affected_provisions": "Sch. Pt. 3 para. 4",
      "affecting": "uksi/1992/3218",
      "affecting_title": "The Banking Coordination (Second Council Directive) Regulations 1992 (revoked)",
      "affecting_provisions": "Sch. 10 para. 50"
    },
    {
      "type": "substituted",
      "affected_provisions": "Sch. Pt.II, para.4(03) (defn. of a market rate)",
      "affecting": "uksi/1996/1606",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1996",
      "affecting_provisions": "art.3(a)"
    },
    {
      "type": "added",
      "affected_provisions": "Sch. Pt.II, para.4(4)",
      "affecting": "uksi/1996/1606",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1996",
      "affecting_provisions": "art.3(b)"
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    {
      "type": "words substituted",
      "affected_provisions": "Sch. Pt. 2 para. 2(2)(d)(i)",
      "affecting": "uksi/1998/1129",
      "affecting_title": "The Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) Order 1998",
      "affecting_provisions": "Sch. 1 para. 8(2)(a)"
    },
    {
      "type": "words substituted",
      "affected_provisions": "Sch. Pt. 2 para. 2(3)(b)",
      "affecting": "uksi/1998/1129",
      "affecting_title": "The Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) Order 1998",
      "affecting_provisions": "Sch. 1 para. 8(2)(b)"
    },
    {
      "type": "words substituted",
      "affected_provisions": "Sch. Pt. 3 para. 4",
      "affecting": "uksi/1998/1129",
      "affecting_title": "The Bank of England Act 1998 (Consequential Amendments of Subordinate Legislation) Order 1998",
      "affecting_provisions": "Sch. 1 para. 8(3)"
    }
  ],
  "made_under": [
    {
      "id": "ukpga/1986/53",
      "title": "Building Societies Act 1986",
      "url": "https://openlegislation.uk/building-societies-act-1986",
      "provisions": [
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    "retrieved_at": "2026-10-29T16:07:21.455536+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."
}