# The Building Societies (Financial Assistance) Order 2010, Article 2: Interpretation


(1) In this Order—
“the 1986 Act” means the Building Societies Act 1986;
“the Authority” means the Financial Services Authority;
“qualifying institution” means the Treasury, the Bank of England, another central bank of a Member State of the European Economic Area or the European Central Bank;
“relevant building society” means any building society which—
(a) receives financial assistance from a qualifying institution,
(b) has entered into an agreement with a qualifying institution under which it may receive financial assistance from that institution, or
(c) has received an offer of such an agreement, or of financial assistance, from a qualifying institution;
“section 1(1)(a) function” means the function of the Authority set out in section 1(1)(a) of the 1986 Act (functions of the Authority).
(2) References in this Order to a qualifying institution include—
(a) any person acting for or on behalf of that qualifying institution;
(b) any person providing, offering, or entering into an agreement for the provision of, financial assistance to a building society, who does so on the basis of financial assistance that person receives from the qualifying institution in question for that purpose.

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Source: https://www.legislation.gov.uk/ukdsi/2010/9780111494196/article/2 (the official version)
Page: https://openlegislation.uk/draft-building-societies-financial-assistance-order-2010/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.