{
  "url": "https://openlegislation.uk/building-society-special-administration-rules-northern-ireland-2014/article-5",
  "json_url": "https://openlegislation.uk/building-society-special-administration-rules-northern-ireland-2014/article-5.json",
  "legislation": "nisr/2014/40",
  "legislation_title": "The Building Society Special Administration Rules (Northern Ireland) 2014",
  "legislation_url": "https://openlegislation.uk/building-society-special-administration-rules-northern-ireland-2014",
  "path": "article/5",
  "kind": "article",
  "number": "5",
  "heading": null,
  "text": "In these Rules—\n(a) “the FSCS” means the scheme manager of the Financial Services Compensation Scheme (established under Part 15 of the Financial Services and Markets Act 2000 );\n(b) “the Objective 1 Stage” means the period during which a building society special administration order is in force before the Bank of England gives an Objective 1 Achievement Notice;\n(c) “the Objective 2 Stage” means the period during which a building society special administration order is in force after the Bank of England gives an Objective 1 Achievement Notice;\n(d) a reference to personal service is a reference to personal service in accordance with Order 65 of the Rules of the Court of Judicature (Northern Ireland) 1980 ;\n(e) a reference to an affidavit (including a reference implied by the application of an enactment) is a reference to an affidavit, if made by a special administrator, stating that the affidavit is made in that capacity and giving the address at which the special administrator works; and\n(f) a reference to “the purpose of the special administration” is a reference to the objectives of building society administration in section 137 of the Banking Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "2000 c.8."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "S.R. 1980 No. 346, as amended by the Constitutional Reform Act 2005 (c.4), section 59 and Schedule 11."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2014/40/article/5",
    "retrieved_at": "2026-10-29T01:08:09.223461+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."
}