{
  "url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/article-2",
  "json_url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988/article-2.json",
  "legislation": "uksi/1988/777",
  "legislation_title": "The Building Societies (Supplementary Capital) Order 1988",
  "legislation_url": "https://openlegislation.uk/building-societies-supplementary-capital-order-1988",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Interpretation",
  "text": "In this Order—\n“the Act” means the Building Societies Act 1986,\n“aggregated” means aggregated for the purposes of the first criterion in section 45(3) (criteria of prudent management) of the Act,\n“balance sheet” means a balance sheet within annual accounts a copy of which has been sent to the Commission and the central office under section 81(2) (laying and furnishing accounts) of the Act,\n“society” means a building society, and\n“supplementary capital” means a description of capital resource which is by virtue of and subject to the provisions of this Order to be aggregated with the reserves of a society.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "replaced",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992"
    },
    {
      "type": "added",
      "affecting": "uksi/1992/1612",
      "affecting_title": "The Building Societies (Supplementary Capital) (Amendment) Order 1992"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/777/article/2",
    "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."
}