{
  "url": "https://openlegislation.uk/draft-building-societies-financial-assistance-order-2008/article-7",
  "json_url": "https://openlegislation.uk/draft-building-societies-financial-assistance-order-2008/article-7.json",
  "legislation": "ukdsi/2008/9780110813462",
  "legislation_title": "The Building Societies (Financial Assistance) Order 2008",
  "legislation_url": "https://openlegislation.uk/draft-building-societies-financial-assistance-order-2008",
  "path": "article/7",
  "kind": "article",
  "number": "7",
  "heading": "Restriction on creation of floating charges",
  "text": "(1) Section 9B(1) of the 1986 Act (restriction on creation of floating charges) shall not apply to a relevant building society in relation to any relevant floating charge.\n(2) Section 9B(2) shall not apply to any relevant floating charge.\n(3) In this article a “relevant floating charge” is a floating charge created by a relevant building society in favour of the Bank of England in connection with any relevant financial assistance the society receives from the Bank of England.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 9B was inserted by the Building Societies Act 1997, section 11."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2008/9780110813462/article/7",
    "retrieved_at": "2026-10-30T15:16:35.979356+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."
}