# The Building Societies (Supplementary Capital) Order 1988, Article 2: Interpretation


In this Order—
“the Act” means the Building Societies Act 1986,
“aggregated” means aggregated for the purposes of the first criterion in section 45(3) (criteria of prudent management) of the Act,
“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,
“society” means a building society, and
“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.

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Source: https://www.legislation.gov.uk/uksi/1988/777/article/2 (the official version)
Page: https://openlegislation.uk/building-societies-supplementary-capital-order-1988/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.