Paragraph 11

(1)

There shall be itemised the total amounts of all loans advanced to the association by each of the following–

(a)

the Public Works Loan Commissioners;

(b)

local authorities;

(c)

the Housing Corporation;

(d)

building societies (within the meaning of the Building Societies Act 1986^f1) and banks;

(e)

present or former members of the association; and

(f)

any other persons.

(2)

In relation to each loan referred to in this paragraph the names of the guarantors (if any) shall be stated.

(3)

In relation to secured loans, there shall be itemised the total amounts of–

(a)

all loans secured by a charge on the assets of the association;

(b)

all loans secured by a charge on the assets of other persons, together with the names of such persons.e itemised the total amounts of–

(a)

all loans secured by a charge on the assets of the association;

(b)

all loans secured by a charge on the assets of other persons, together with the names of such persons.

Annotations