# Friendly Societies Act 1992, Paragraph 11

Extent: E+W+S+N.I.

The carrying on of a business which is a deposit-taking business within the meaning of the Banking Act 1987 but only to the extent that money which is received as a deposit, or money which is lent, is received from, or lent to, an individual.

---
Source: https://www.legislation.gov.uk/ukpga/1992/40/schedule/7/paragraph/11 (the official version)
Page: https://openlegislation.uk/friendly-societies-act-1992/schedule-7/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.