{
  "url": "https://openlegislation.uk/industrial-and-provident-societies-increase-in-deposit-taking-limits-order-1981/note",
  "json_url": "https://openlegislation.uk/industrial-and-provident-societies-increase-in-deposit-taking-limits-order-1981/note.json",
  "legislation": "uksi/1981/394",
  "legislation_title": "The Industrial and Provident Societies (Increase in Deposit-taking Limits) Order 1981",
  "legislation_url": "https://openlegislation.uk/industrial-and-provident-societies-increase-in-deposit-taking-limits-order-1981",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "This Order increases the amounts of deposits which may be taken by a society registered under the Industrial and Provident Societies Act 1965 without thereby carrying on the business of banking. The increases are from £10 to £400 in any one payment and from £250 to £400 for any one depositor. The Order further empowers the committee of a society, subject to certain conditions, to give effect to the increases by resolutions recorded in writing.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1981/394/note",
    "retrieved_at": "2026-10-29T18:42:12.494282+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."
}