# The Building Societies (Supplementary Capital) Order 1988, Paragraph 1: Repayment in currency other than sterling


An issue term which requires or permits subordinated debt to be repaid otherwise than in sterling is a disqualifying term for the purposes of paragraph 1(2) of Part I of this Schedule.

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Source: https://www.legislation.gov.uk/uksi/1988/777/schedule/part/II/paragraph/1 (the official version)
Page: https://openlegislation.uk/building-societies-supplementary-capital-order-1988/schedule/part-II/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

