| Guvnor

Enforced by: PRA
Status: Amended (in force with amendments)
Penalty ceiling: Imprisonment 15 of 118 obligations carry a fine up to £2,500. 21 carry different penalties and 82 have no criminal penalty — flagged in the list below.

Does it bind you?

Business-side roles with duties under this instrument.

Trader58 Director or Officer32 Any Person20 Employee1

Plus 7 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Trader — also bound by 825 other Acts

Value Added Tax Regulations 1995 416 duties

Companies Act 2006 243 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 133 duties

Companies Act 1985 85 duties

Insolvency (England and Wales) Rules 2016 62 duties

Director or Officer — also bound by 429 other Acts

Insolvency (England and Wales) Rules 2016 162 duties

Companies Act 2006 126 duties

Insolvency Act 1986 77 duties

The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 68 duties

Companies Act 1985 28 duties

Any Person — also bound by 2340 other Acts

Human Medicines Regulations 2012 184 duties

Merchant Shipping Act 1995 144 duties

Insolvency (England and Wales) Rules 2016 104 duties

Communications Act 2003 92 duties

Road Traffic Act 1988 92 duties

Employee — also bound by 189 other Acts

Regulation (EU) No 965/2012 (Air Operations) 18 duties

Employment Rights (Northern Ireland) Order 1996 (current NI employment law) 13 duties

The Income Tax (Pay As You Earn) Regulations 2003 11 duties

Shared Parental Leave Regulations 2014 10 duties

Paternity and Adoption Leave Regulations 2002 9 duties

What it requires

Sections creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

Part 1

FUNCTIONS OF THE Financial Conduct Authority and the Prudential Regulation Authority

0 of 4 sections shown

4 other sections in this Part — procedural and definitional

s.001 Functions of the Financial Conduct Authority and the Prudential Regulation Authority in relation to building societies.

s.002 Financial provision for Commission.

s.003 Accounts of Commission and audit.

s.004 Annual and other reports.

Part 2

Constitution of Building Societies

4 of 10 sections shown

s.006 The lending limit. Regulated

Keep residential property lending within 25% of adjusted net assetsTrader

s.007 The funding limit. Regulated

Keep retail funding (shares and deposits from individuals) below 50% of total fundingTrader

s.008 Raising funds and borrowing. Regulated

Do not accept deposits or raise funds from individuals except by shares, and from corporate bodies except by deferred sharesTrader

s.009 Restrictions on certain transactions. Regulated

Do not engage in prohibited trading activities and control holdings in such firmsTrader

6 other sections in this Part — procedural and definitional

s.005 Establishment, constitution and powers.

s.006 Loans secured on land.

s.006 Loans fully secured on land.

s.006 Discharge of mortgages.

s.009 Constitution of Building Societies

s.009 Restriction on creation of floating charges.

Part 3

Advances, Loans and Other Assets

6 of 15 sections shown

s.011 Class 1 and class 2 advances Regulated

Sell or convert foreclosed land as soon as reasonably practicableTrader

s.012 Class 1 and class 2 advances: supplementary provisions. Regulated

Establish and maintain a system for safe custody of mortgaged property documentsTrader

s.015 Loans for mobile homes. Regulated

Ensure mobile home loan conditions are met before lendingTrader

s.016 Power to lend to individuals otherwise than by class 1 or class 2 advances Regulated

Do not exceed the individual lending limit for non-standard advancesTrader

s.017 Power to hold and develop land as commercial asset. Regulated

Sell land no longer used for residential purposesTrader

s.021 Liquid assets. Regulated

Maintain sufficient liquid assets to meet liabilities when dueTrader

9 other sections in this Part — procedural and definitional

s.010 Advances secured on land.

s.013 Security for advances: valuation and supplementary and related provisions.

s.014 Power to make advances secured on land overseas.

s.014 Power to participate in secured syndicated lending.

s.018 Power to invest in subsidiaries and other associated bodies.

s.019 Power for Treasury to add powers to hold other descriptions of class 3 assets.

s.020 Commercial asset structure requirements for building societies.

s.022 Advances, Loans and Other Assets

s.023 Power to hedge.

Part 4

Protection of Investors

0 of 13 sections shown

13 other sections in this Part — procedural and definitional

s.024 Protection of Investors

s.025 Protection of Investors

s.026 Protection of Investors

s.027 Protection of Investors

s.028 Protection of Investors

s.029 Protection of Investors

s.030 Protection of Investors

s.031 Protection of Investors

s.032 Special provisions as regards investors.

s.033 Assistance by building societies to other building societies.

Part 5

Powers to Provide Services

1 of 2 sections shown

s.035 Prohibition on linking services. Regulated

Do not tie services to class 1 advancesTrader

1 other section in this Part — procedural and definitional

s.034 Powers to provide financial services or services relating to land.

Part 6

Powers of Control of the appropriate authority

6 of 32 sections shown

s.036 Power to direct restructuring of business etc. Regulated

Prepare and send balance sheet to PRA within 3 months when directedDirector or Officer

s.038 Power to determine building society’s powers. Regulated

Apply to PRA for determination of powers when directedTrader

s.039 The determination: notification, effect, appeal. Regulated

Send a copy of the determination to affected personsAny Person

s.040 Power to make prohibition orders. Regulated

Other duties (1) — Crown / regulator

Commission must issue prohibition order for ultra vires activityStatutory regulator

s.051 Powers to avoid apparent association with other bodies. Regulated

Other duties (1) — Crown / regulator

PRA can direct building societies to stop misleading investors about business linksStatutory regulator

s.052 Powers to obtain information and documents etc. Prosecution

Fail to provide information or documents to regulatorEmployee

Unlimited fine

26 other sections in this Part — procedural and definitional

s.036 Power to make prohibition orders.

s.037 Powers to petition for winding up etc.

s.041 Powers of Control of the Commission

s.042 Powers of Control of the Commission

s.042 Power to direct transfers of engagements or business.

s.042 Variation and revocation of transfer directions

s.043 Powers of Control of the Commission

s.044 Powers of Control of the Commission

s.045 Powers of Control of the Commission

s.046 Rights of appeal.

s.046 Notices, hearings and appeals.

s.047 Determination of appeals.

s.048 Costs, procedure and evidence.

s.049 Further appeals on points of law.

s.050 Powers of Control of the Commission

s.052 Entry of premises under warrant under section 176 of the Financial Services and Markets Act 2000.

s.053 Disclosure of information.

s.054 Information disclosed to

s.055 Investigations on behalf of FCA or PRA .

s.056 Inspections and special meetings: general.

s.057 Inspections: supplementary provisions.

Part 7

Management of Building Societies

9 of 14 sections shown

s.058 Directors: number. Regulated

Your building society must have at least two directors and appoint a chairmanTrader

s.059 Chief executive and secretary. Regulated

Appoint chief executive and secretary, ensure competence, and notify FCA of changesTrader

s.060 Directors: elections and retirements. Regulated

Conduct director elections and retirements lawfullyTrader

s.061 Directors: supplementary provisions as to elections, etc. Regulated

Notify FCA of director appointments and resignations within one monthTrader

s.062 Prohibition of tax-free payments to directors. Regulated

Do not pay directors tax-free remunerationTrader

s.064 Substantial property transactions involving directors and connected persons. Regulated

Obtain member approval before substantial property transactions with directorsTrader

s.065 Restriction on loans, etc. to directors and persons connected with them. Regulated

Do not make loans or provide benefits to directors or their connected personsTrader

s.068 Records of loans, etc. for directors falling within s. 65. Regulated

Maintain a register of director-related loans and transactionsTrader

s.069 Disclosure and record of income of related businesses. Regulated

Record and disclose income from related businesses of directors and officersTrader

5 other sections in this Part — procedural and definitional

s.063 Directors to disclose interests in contracts and other transactions.

s.066 Sanctions for breach of s. 65.

s.066 Transactions with directors and persons connected with them.

s.067 Directors, etc, not to accept commissions in connection with loans.

s.070 Interpretation of this Part.

Part 8

Accounts and Audit

13 of 32 sections shown

s.072 Building Societies Act individual accounts Regulated

Ensure annual accounts meet the Building Societies Act true and fair view standardDirector or Officer

s.072 Duty to prepare group accounts Regulated

Prepare group accounts if your building society has subsidiariesDirector or Officer

s.072 Building Societies Act group accounts Regulated

Prepare group accounts showing true and fair view of society and subsidiariesTrader

s.072 Disclosures relating to directors, other officers and employees of society required in notes to accounts Prosecution

Fail to make required director/officer disclosures to building societyDirector or Officer

Fine up to £1,000

s.076 Summary financial statement for members and depositors. Prosecution

Fail to send summary financial statement to members and regulatorsDirector or Officer

Unlimited fine

s.077 Auditors: appointment, tenure ... , etc. Regulated

Appoint an auditor at each annual general meetingTrader

s.078 Auditor’s report . Regulated

Auditor must prepare and issue a report to members on annual accountsTrader

s.078 Signature of auditors' report Regulated

Auditor must sign and date the audit report, stating all namesAny Person

s.078 Names to be stated in copies of auditor’s report filed or published Regulated

State auditor's name on published audit reportsTrader

s.079 Auditor’s duties and powers . Prosecution

Fail to give auditor access to records and informationAny Person

Fine up to £1,000

s.080 Signing of balance sheet: documents to be annexed. Prosecution

Publish unsigned or incomplete building society balance sheetDirector or Officer

Fine up to £1,000

s.081 Laying and furnishing accounts, etc., to members , the FCA and the PRA . Regulated

Present annual accounts to members, regulators and make them available on requestDirector or Officer

s.081 Requirements in connection with publication of accounts Regulated

Publish accounts with required auditor's report and statementsTrader

19 other sections in this Part — procedural and definitional

s.071 Accounting records . . .

s.072 Duty of directors to prepare annual accounts.

s.072 Duty to prepare individual accounts

s.072 Form and contents of Building Societies Act individual accounts

s.072 IAS individual accounts

s.072 Form and contents of Building Societies Act group accounts

s.072 IAS group accounts

s.072 Consistency of accounts

s.072 Disclosures about related undertakings required in notes to accounts

s.072 Disclosures relating to off-balance-sheet arrangements required in notes to accounts

s.072 Disclosure of auditor remuneration required in notes to accounts

s.073 Contents and form of annual accounts.

s.074 Duty of directors to prepare annual business statement.

s.075 Directors’ report.

s.075 Business review

s.078 Senior statutory auditor

s.078 Circumstances in which names may be omitted

s.081 Interpretation of Part 8

s.082 Accounts and Audit

Part 9

. . . Disputes

0 of 4 sections shown

4 other sections in this Part — procedural and definitional

s.083 . . . Disputes

s.084 . . . Disputes

s.085 Settlement of disputes.

Part 10

Dissolution, Winding Up, Mergers and Transfer of Business

14 of 30 sections shown

s.087 Dissolution by consent. Prosecution

Fail to give notice of dissolution to regulatorsAny Person

Fine up to £1,000

s.088 Voluntary winding up. Regulated

Send copy of voluntary winding-up resolution to FCA (and PRA) within 15 daysTrader

s.092 Acquisition or establishment of a business. Regulated

Obtain member approval for certain large or non-core business acquisitions or establishmentsTrader

s.095 Mergers; provisions supplementing ss. 93 and 94. Prosecution

Fail to comply with building society merger/transfer requirementsDirector or Officer

Fine up to £2,500

s.096 Mergers: compensation for loss of office and bonuses to members. Regulated

Other duties (1) — Crown / regulator

PRA must not consent to board resolution approval of transfer unless distribution within limitsStatutory regulator

s.098 Transfers of business: supplementary provisions. Prosecution

Fail to comply with transfer approval requirementsDirector or Officer

Fine up to £2,500

s.100 Regulated terms etc: distributions and share rights.

amended 8 times (opens in a new tab)

s.101 Protective provisions for specially formed successors.

amended 15 times (opens in a new tab)

s.102 Transfer regulations.

amended 7 times (opens in a new tab)

s.102 Rights of second-named joint shareholders.

amended 7 times

s.102 Protection of interests of beneficiaries in the case of trustee account holders. Regulated

Treat trustee account holders fairly during business transfer distributionsAny Person

amended 7 times

s.102 Consequences of false declaration.

amended 7 times

s.102 Provisions supplementary to sections 102B and 102C.

amended 7 times

s.103 Cancellation of registration.

amended 9 times (opens in a new tab)

16 other sections in this Part — procedural and definitional

s.086 Modes of dissolution and winding up.

s.089 Winding up by court: grounds and petitioners.

s.089 Building society insolvency as alternative order

s.090 Application of winding up legislation to building societies.

s.090 Application of other companies insolvency legislation to building societies.

s.090 Power to alter priorities on dissolution and winding up

s.090 Application of bank insolvency and administration legislation to building societies

s.090 Notice to the FCA and the PRA of preliminary steps

s.090 Disqualification of directors

s.091 Power of court to declare dissolution of building society void.

s.092 Supplementary.

s.093 Amalgamations.

s.094 Transfer of engagements.

s.097 Transfer of business to commercial company.

s.099 Regulated terms: compensation for loss of office, etc.

s.099 Transfers of business: increased remuneration etc.

Part 11

Miscellaneous and Supplementary and Conveyancing Services

28 of 31 sections shown

s.104 Power to amend, etc. to assimilate to company law.

amended 3 times (opens in a new tab)

s.104 Registration of charges: application of company law.

amended 3 times

s.105 Limited power to anticipate future statutory instrument powers.

amended 1 time (opens in a new tab)

s.106 Public file of the society.

amended 5 times (opens in a new tab)

s.107 Restriction of use of certain names and descriptions.

amended 8 times (opens in a new tab)

s.108 Miscellaneous and Supplementary and Conveyancing Services

amended 1 time (opens in a new tab)

s.109 Exemption from stamp duty.

amended 1 time (opens in a new tab)

s.109 Exemptions from stamp duty land tax

amended 1 time

s.110 Officers and auditors not to be exempted from liability

amended 1 time (opens in a new tab)

s.111 Time limit for commencing proceedings.

amended 10 times (opens in a new tab)

s.112 Offences: liability of officers and defence of due diligence.

amended 3 times (opens in a new tab)

s.113 Evidence.

amended 6 times (opens in a new tab)

s.114 Records. Prosecution

Fail to keep records in a compliant mannerDirector or Officer

Fine up to £2,500 · amended 2 times (opens in a new tab)

s.115 Service of notices.

amended 5 times (opens in a new tab)

s.115 Deemed agreement to use of web site

amended 5 times

s.115 Right to hard copy version Regulated

Provide a free paper copy of documents on request within 21 daysTrader

amended 5 times

s.115 Other agreed forms of communication

amended 5 times

s.116 Form of documents.

amended 3 times (opens in a new tab)

s.117 Financial year of building societies.

amended 2 times (opens in a new tab)

s.117 Alteration of financial year

amended 2 times

s.118 Qualifying asset holding for certain powers.

amended 1 time (opens in a new tab)

s.118 Miscellaneous and Supplementary and Conveyancing Services

amended 1 time

s.119 Interpretation.

amended 63 times (opens in a new tab)

s.119 Meaning of “associated undertaking”

amended 63 times

s.122 Northern Ireland

amended 3 times (opens in a new tab)

s.123 Miscellaneous and Supplementary and Conveyancing Services

amended 2 times (opens in a new tab)

s.124 Recognition of building societies, other institutions and individuals as suitable to provide conveyancing services.

amended 2 times (opens in a new tab)

s.126 Commencement.

amended 2 times (opens in a new tab)

3 other sections in this Part — procedural and definitional

s.120 Amendments, repeals, revocations and transitional and saving provisions.

s.121 Power to make transitional and saving provisions.

s.125 Short title.

Schedules

68 of 438 shown

s.sch002 (1) If a building society does not— Prosecution

Fail to display or use registered name correctlyDirector or Officer

Fine up to £1,000

s.sch002 (1) This paragraph and paragraph 10B below apply where a... Regulated

Get FCA approval before trading under a restricted business nameAny Person

s.sch002 (1) Paragraph 9(2A) above shall have effect as if after... Regulated

Display and disclose registered name and address on documents, premises, and on requestAny Person

s.sch002 (1) A building society which contravenes paragraph 10A(2) above shall... Prosecution

Contravene lending limit or fail to comply with disclosure requirementsAny Person

Fine up to £1,000

s.sch002 (1) A building society may change its principal office— Prosecution

Fail to notify change of principal officeAny Person

Fine up to £2,500

s.sch002 (1) A building society shall, on demand, give a copy... Prosecution

Fail to provide copy of statutory documents on demandDirector or Officer

Fine up to £2,500

s.sch002 (1) Every building society shall maintain a register of members... Prosecution

Fail to maintain register of membersAny Person

Fine up to £2,500

s.sch002 (1) A building society is not obliged by any provision... Regulated

Advertise meeting or ballot notices when members are unreachableTrader

s.sch002 (1) At any time when a building society— Regulated

Provide member access to register and protect member dataTrader

s.sch002 (1) The validity of an act done by a building... Regulated

Directors must observe building society memorandum limitationsDirector or Officer

s.sch002 (1) The central office, on receiving from a building society... Regulated

Other duties (1) — Crown / regulator

Central office must refer alteration declarations and act on Commission decisionStatutory regulator

s.sch002 (1) The memorandum of a building society shall state the... Regulated

State your building society's purposes and powers in your memorandumTrader

s.sch002 (1) Subject to sub-paragraph (2) below, every building society shall... Prosecution

Fail to hold annual general meeting on timeDirector or Officer

Fine up to £2,500

s.sch002 (1) On a members’ requisition, a building society shall— Regulated

Call a special meeting when members submit a valid requisitionTrader

s.sch002 (1) This paragraph applies where a members’ requisition is deposited... Regulated

Call a special meeting when members submit a requisitionTrader

s.sch002 (1) Subject to the provisions of this Part of this... Regulated

Give notice of meetings to all eligible voting membersTrader

s.sch002 (1) A member of a building society who is entitled... Prosecution

Fail to include required proxy voting statements in meeting notices or formsAny Person

Fine up to £2,500

s.sch002 (1) The rules of a building society shall provide for... Regulated

Your building society's rules must cover 15 specific mattersTrader

s.sch002 (1) If at least the requisite number of qualified members... Regulated

Include member-requested resolutions and statements in AGM noticeTrader

s.sch002 (1) If a member of a building society who purports... Prosecution

Fail to include declaration form in voting papers or proxy appointmentsAny Person

Fine up to £2,500

s.sch002 (1) A building society may by special resolution alter its... Prosecution

Fail to send alteration records to FCADirector or Officer

Fine up to £2,500

s.sch002 (1) The rules of a building society shall provide that... Regulated

Set membership rules for shareholding and borrowing membersTrader

s.sch002 (1) The common seal of a building society shall bear... Regulated

Display your building society's registered name on buildings, documents, and sealsTrader

s.sch003 (1) Any building society which furnishes any information or makes... Prosecution

Provide false information for authorisationAny Person

Unlimited fine

s.sch004 (1) Where any land has been mortgaged to a building... Prosecution

Fail to send sale notice to mortgagor within 28 daysDirector or Officer

Fine up to £500

s.sch005 (1) The Board may determine its own financial year. Regulated

Keep proper accounts, prepare audited statements and publish annual reportsDirector or Officer

s.sch008a (1) The following provisions of this paragraph shall apply in... Prosecution

Fail to send transfer of engagements statement to membersDirector or Officer

Fine up to £2,500

s.sch008a (1) The following provisions of this paragraph shall apply in... Prosecution

Fail to send transfer statement to society membersDirector or Officer

Fine up to £2,500

s.sch010a (1) This paragraph applies, subject to sub-paragraph (4), in relation... Regulated

Disclose loans and transactions with directors in annual accountsDirector or Officer

s.sch010a (1) The following information with respect to the employees of... Regulated

Disclose employee numbers and staff costs in annual accountsTrader

s.sch010a (1) Subject to sub-paragraph (2), there must be shown the... Regulated

Disclose excess director pension benefits in accountsTrader

s.sch010b (1) The name of the undertaking must be stated. Regulated

Disclose details of undertakings held in society accountsAny Person

s.sch010b (1) There must be stated in relation to shares of... Regulated

Disclose details of shares held in subsidiary undertakingsDirector or Officer

s.sch010b Where— (a) disclosure is made under paragraph 3(1) with respect... Regulated

Disclose subsidiary's last year-end date if it differs from yoursAny Person

s.sch010c (1) The following must be shown— (a) the amount of... Regulated

Disclose auditor remuneration in annual accountsTrader

s.sch010c The auditor of a building society must supply the directors... Regulated

Supply directors with information needed for disclosureTrader

s.sch011 (1) If at any annual general meeting of a building... Prosecution

Fail to notify regulator of no auditor appointmentDirector or Officer

Fine up to £1,000

s.sch011 (1) This paragraph applies to the appointment of an auditor... Regulated

Follow audit committee process when appointing auditorsDirector or Officer

s.sch011 (1) This paragraph applies to the appointment of an auditor... Regulated

Run a formal auditor selection process before proposing an appointmentDirector or Officer

s.sch011 (1) If— (a) a building society appoints, or purports to... Prosecution

Fail to notify regulator of auditor appointment breachDirector or Officer

Fine up to £1,000

s.sch011 (1) A resolution at a general meeting of a building... Prosecution

Fail to send auditor representations to membersDirector or Officer

Unlimited fine

s.sch011 (1) A building society may by resolution in general meeting... Prosecution

Fail to notify regulator of auditor removalAny Person

Fine up to £1,000

s.sch011 (1) An auditor of a building society may resign his... Prosecution

Fail to send auditor's resignation notice to regulatorsDirector or Officer

Unlimited fine

s.sch011 (1) Where an auditor’s notice of resignation contains a statement... Prosecution

Fail to convene special general meeting after auditor's requisitionDirector or Officer

Unlimited fine

s.sch011 (1) Where an auditor of a building society ceases for... Prosecution

Fail to notify audit authority of ceasing to be auditorAny Person

Unlimited fine

s.sch011 (1) Where an auditor ceases to hold office before the... Regulated

Notify the audit authority when an auditor leaves before term endsTrader

s.sch013 (1) The central office shall maintain a register of recognised... Regulated

Other duties (1) — Crown / regulator

Central Office must maintain a public register of recognised complaints schemesStatutory regulator

s.sch013 (1) If it appears to the Commission, from its own... Regulated

Other duties (1) — Crown / regulator

Commission must consider and approve qualifying recognition schemesStatutory regulator

s.sch013 (1) Submission by or on behalf of building societies of... Regulated

Submit scheme recognition application in the required manner with informationTrader

s.sch013 (1) A building society or connected undertaking of a building... Prosecution

Fail to notify accession to recognised schemeAny Person

Fine up to £2,500

s.sch015 (1) Section 130 of the Act (consequences of winding-up order)... Prosecution

Fail to notify FCA/PRA of winding-up orderDirector or Officer

Fine up to £1,000

s.sch015 (1) Article 110 (consequences of winding-up order) shall have effect... Prosecution

Fail to notify FCA of winding-up orderDirector or Officer

Fine up to £1,000

s.sch016 (1) A building society which desires— (a) to amalgamate with... Regulated

Send PRA-approved statement to members before amalgamation or transfer voteTrader

s.sch016 (1) Subject to sub-paragraph (3) below, it shall be the... Regulated

Send merger statement to members after receiving merger proposalTrader

s.sch016 (1) A building society shall include in or with every... Regulated

Include merger statements in meeting notices sent to membersTrader

s.sch016 (1) Where a building society sends a merger statement or... Regulated

Send merger statement or transfer proposal to regulators 14 days before meetingTrader

s.sch016 (1) If default is made by a building society in... Prosecution

Fail to comply with merger statement or transfer proposal rulesAny Person

Fine up to £2,500

s.sch016 (1) Where a building society applies to the appropriate authority... Regulated

Publish notice of amalgamation or transfer application in the GazetteTrader

s.sch017 (1) Subject to sub-paragraph (3) below, a building society shall,... Regulated

Include transfer statement or summary in member meeting noticesTrader

s.sch017 (1) Subject to sub-paragraph (3) below, it shall be the... Regulated

Notify members about a transfer proposalTrader

s.sch017 (1) A building society shall include in or with every... Regulated

Include transfer proposal notifications with annual general meeting noticesTrader

s.sch017 (1) Where a building society sends a transfer proposal notification... Regulated

Send transfer proposal notifications to FCA and PRA before member meetingsTrader

s.sch017 (1) If default is made by a building society in... Prosecution

Fail to comply with transfer proposal notification requirementsDirector or Officer

Fine up to £2,500

s.sch017 (1) Where a building society applies for confirmation of a... Regulated

Publish notice of business transfer application in the GazetteTrader

s.sch020 If the statement in a declaration made for the purposes... Imprisonment

Make a false declaration to the PRAAny Person

s.sch020 (1) The central office, on receiving from a building society... Regulated

Other duties (1) — Crown / regulator

Central office must process memorandum registration and direct society if refusedStatutory regulator

s.sch020 (1) Where a building society adopts any adoptable power under... Regulated

Submit declaration and refrain from exercising new adoptable power until memorandum takes effectTrader

s.sch020 If, in breach of the obligation assumed by virtue of... Regulated

Exercise power in breach of assumed obligationDirector or Officer

370 other schedules

s.sch001 The Commission shall be a body corporate.

s.sch001 The validity of any proceedings of the Commission shall not...

s.sch001 (1) With the exception 34specified in sub-paragraph (2) below, the...

s.sch001 The Statutory Instruments Act 1946 shall apply to all powers...

s.sch001 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

s.sch001 (1) The fixing of the common seal of the Commission...

s.sch001 (1) A document purporting to be duly executed under the...

s.sch001 The person who holds office as Chief Registrar may also...

s.sch001 (1) Subject to the provisions of this paragraph, a person...

s.sch001 No person who has attained the age of 70 years...

s.sch001 The Commission shall pay to its part-time members such fees...

s.sch001 (1) If the Treasury so determines in the case of...

s.sch001 (1) In part II of Schedule 1 to the House...

s.sch001 The Commission may appoint such staff as the chairman of...

s.sch001 The quorum of the Commission and the arrangements relating to...

s.sch002 (1) Any ten or more persons may establish a society...

s.sch002 (1) In favour of a person dealing with a building...

s.sch002 (1) A party to a transaction with a building society...

s.sch002 (1) Any provision contained in the rules of a building...

s.sch002 (1) Where a notice of a meeting of a society...

s.sch002 (1) A requirement under any provision of this Act to...

s.sch002 (1) A member of a building society is entitled to...

s.sch002 (1) Any provision contained in the rules of a building...

s.sch002 No resolution of a building society shall be passed as...

s.sch002 (1) A resolution of a building society shall be a...

s.sch002 A resolution of a building society shall be a shareholding...

s.sch002 No resolution of a building society shall be passed as...

s.sch002 (1) A resolution of a building society shall be a...

s.sch002 (1) The transfer resolutions required for the purposes of section...

s.sch002 (1) Notice of a resolution given under paragraph 31(1) above...

s.sch002 (1) The rules of a building society may provide for...

s.sch002 (1) Where— (a) the rules of a building society provide...

s.sch002 (1) Nothing in this Part of this Schedule is to...

s.sch002 (1) The advertising requirements referred to in paragraph 14 above,...

s.sch002 (1) For the purposes of this Part of this Schedule,...

s.sch002 (1) The liability at any time of a shareholding member...

s.sch002 (1) Two or more persons may jointly hold shares in...

s.sch002 (1) Where a loan secured on land is made by...

s.sch002a (1) When all money intended to be secured by a...

s.sch002a (1) In its application to Northern Ireland, paragraph 1 above...

s.sch002a (1) The Treasury may make rules for prescribing anything authorised...

s.sch003 In this Schedule— “authorisation” means authorisation under section 9 or...

s.sch003 Where any provision of this Schedule requires notice of any...

s.sch003 (1) An application for authorisation— (a) shall be made in...

s.sch003 (1) If the Commission proposes to impose conditions it shall...

s.sch003 (1) This paragraph applies where the Commission has decided to...

s.sch003 (1) If the Commission proposes to revoke a society’s authorisation...

s.sch003 (1) This paragraph applies where the Commission proposes, instead of...

s.sch003 (1) This paragraph applies where the Commission has decided, instead...

s.sch003 (1) The modifications of the provisions of Part III of...

s.sch004 (1) When all money intended to be secured by a...

s.sch004 (1) The Chief Registrar may make rules for prescribing anything...

s.sch005 (1) The Board shall consist of seven members as follows,...

s.sch005 (1) Subject to the following provisions of this paragraph a...

s.sch005 The Board shall pay to each member such allowances in...

s.sch005 (1) The Board shall determine its own procedure, including the...

s.sch005 (1) The fixing of the common seal of the Board...

s.sch005 The Board may authorise— (a) any member or members of...

s.sch006 (1) The following provisions of this Schedule have effect for...

s.sch006 (1) Where any persons hold an investment in a building...

s.sch006 Where an investment is held on trust for any person...

s.sch006 (1) Except in the case of a partnership, where two...

s.sch006 Where an investment is made by a person whose business...

s.sch006 The Board may decline to make any payment under section...

s.sch006 In this Schedule “jointly entitled” means— (a) in England and...

s.sch006 In the application of this Schedule in relation to investments...

s.sch007 (1) The provisions of this paragraph have effect where a...

s.sch007 Any receipt or acknowledgment given to a building society by...

s.sch007a In this Schedule “direction” means a direction under section 36(3),...

s.sch007a (1) If the Commission proposes to give a direction, it...

s.sch007a (1) This paragraph applies where the Commission has decided to...

s.sch007a (1) The modifications of the provisions of paragraph 2 and...

s.sch007a Where any provision of this Schedule requires notice of any...

s.sch008 This Schedule is to be construed as relating only to...

s.sch008 In this Schedule— “arranging”, in relation to the performance of...

s.sch008a This Part of this Schedule applies where a direction is...

s.sch008a No application for confirmation by the appropriate authority of the...

s.sch008a Section 98 shall apply as if— (a) for paragraphs (a)...

s.sch008a (1) The consent of the appropriate authority shall be sufficient...

s.sch008a No application for confirmation by the appropriate authority of the...

s.sch008a Section 95 shall apply as if— (a) for paragraphs (a)...

s.sch008a This Part of this Schedule applies where a direction is...

s.sch008a (1) The consent of the appropriate authority shall be sufficient...

s.sch008a If the appropriate authority consents to the inclusion of any...

s.sch009 In this Schedule— “the financial year” means the financial year...

s.sch009 (1) The particulars of a restricted transaction or arrangement required...

s.sch010 Where the business associate of the building society provides conveyancing...

s.sch010 (1) In this Schedule— “administrative services” means services falling within...

s.sch010 Where the business associate of the building society provides the...

s.sch010 Where the business associate of the building society provides accountancy...

s.sch010 Where the business associate of the building society arranges for...

s.sch010 Where the business associate of the building society provides conveyancing...

s.sch010 Where the business associate of the building society provides the...

s.sch010 Where the business associate of the building society provides accountancy...

s.sch010 Where the business associate of the building society arranges for...

s.sch010 (1) The Treasury may by order prescribe, for the purposes...

s.sch010a (1) The following must be shown— (a) the aggregate amount...

s.sch010a . . . . . . . . . ....

s.sch010a (1) This paragraph applies for the purposes of paragraph (a)...

s.sch010a (1) There must be shown in respect of each director...

s.sch010a (1) There must be shown the amount of any compensation...

s.sch010a (1) There must be shown the aggregate amount of any...

s.sch010a (1) The following applies with respect to the amounts to...

s.sch010a (1) The amounts to be shown for any financial year...

s.sch010a (1) Where the chief executive of the society is not...

s.sch010a (1) Sub-paragraphs (2) and (3) apply for the interpretation of...

s.sch010b (1) The following information must be given where at the...

s.sch010b (1) The following information must be given with respect to...

s.sch010b (1) There must be shown with respect to each subsidiary...

s.sch010b (1) The following information must be given where an undertaking...

s.sch010b (1) The information required by paragraphs 14 and 15 must...

s.sch010b (1) There must also be stated– (a) the aggregate amount...

s.sch010b (1) The information required by paragraphs 17 and 18 must...

s.sch010b (1) The name of the undertaking must be stated.

s.sch010b (1) There must also be stated– (a) the aggregate amount...

s.sch010b (1) References in this Part of this Schedule to shares...

s.sch010b In this Schedule, “group” means a building society and its...

s.sch010b (1) There must be disclosed with respect to each subsidiary...

s.sch010b (1) The information required by paragraphs 6 and 7 must...

s.sch010b (1) The name of the undertaking must be stated.

s.sch010b (1) There must also be stated– (a) the aggregate amount...

s.sch010b (1) References in this Part of this Schedule to shares...

s.sch010b (1) The following information must be given with respect to...

s.sch010c The types of service in respect of which disclosure is...

s.sch010c (1) Disclosure is not required of remuneration receivable for the...

s.sch010c (1) This paragraph defines what is meant in this Schedule...

s.sch010c In this Schedule— “associate of the society” means— any subsidiary...

s.sch011 (1) The first auditor of a building society may be...

s.sch011 The directors, or the building society in general meeting, may...

s.sch011 (1) Any term in a contract which, in relation to...

s.sch011 (1) A person who has been, or will have been,...

s.sch011 (1) Where a person is auditor of a building society...

s.sch011 Auditors: Appointment, Tenure...

s.sch011 . . . . . . . . . ....

s.sch011 Maximum engagement period: transitional arrangements

s.sch011 (1) Where an auditor of a building society is removed...

s.sch011 Application to court to remove auditor from office

s.sch011 (1) In this Schedule— “ appropriate audit authority ” means—...

s.sch011 In the application of this Schedule to Scotland, references to...

s.sch012 The manner in which determinations are to be communicated and...

s.sch012 The making to the body administering the scheme of regular...

s.sch012 The manner of amending or revoking the scheme.

s.sch012 Accession to membership of other societies.

s.sch012 Withdrawal from membership.

s.sch013 For the purposes of this Schedule, a scheme— “qualifies for...

s.sch013 (1) A building society or connected undertaking of a building...

s.sch013 (1) The function of the Commission of granting recognition of...

s.sch013 (1) The Commission may withdraw its recognition of a scheme...

s.sch013 (1) If the Commission proposes at any time to withdraw...

s.sch013 Withdrawal of recognition by the Commission shall take effect as...

s.sch014 (1) No court other than the High Court or, in...

s.sch014 The court may hear and determine a dispute falling within...

s.sch014 (1) Any person who institutes proceedings in the court in...

s.sch014 (1) If the rules of the society so provide, any...

s.sch014 If the rules of the society so provide, any dispute...

s.sch014 (1) This paragraph has effect in relation to an arbitration...

s.sch014 (1) Any dispute as to the rights of a member...

s.sch014 Settlement of Disputes

s.sch014 In this Part of this Schedule, in relation to an...

s.sch015 The enactments which comprise the companies winding up legislation (referred...

s.sch015 (1) Section 84 of the Act does not apply.

s.sch015 In subsection (1) of section 101 (appointment of liquidation committee)...

s.sch015 (1) Section 107 (distribution of property) of the Act does...

s.sch015 Sections 110 and 111 (liquidator accepting shares, etc. as consideration...

s.sch015 Section 116 (saving for certain rights) of the Act shall...

s.sch015 In sections 117 (High Court and county court jurisdiction) and...

s.sch015 (1) Section 122 (circumstances in which company may be wound...

s.sch015 Section 124 (application for winding up) of the Act does...

s.sch015 (1) In section 125 (powers of court on hearing of...

s.sch015 Section 126 (power of court, between petition and winding up...

s.sch015 In this Schedule— “deposit” means rights of the kind described...

s.sch015 Subject to the following provisions of this Schedule, the enactments...

s.sch015 If, before the presentation of a petition for the winding...

s.sch015 Section 140 (appointment of liquidator by court in certain circumstances)...

s.sch015 In the application of sections 141(1) and 142(1) (liquidation committees),...

s.sch015 Section 143 (general functions of liquidator in winding up by...

s.sch015 The conditions which the court may impose under section 147...

s.sch015 Section 154 (adjustment of rights of contributories) of the Act...

s.sch015 Application of Companies Winding Up Legislation to Building Societies

s.sch015 Section 187 (power to make over assets to employees) of...

s.sch015 (1) In section 201 (dissolution: voluntary winding up) of the...

s.sch015 In section 205 (dissolution: winding up by the court) of...

s.sch015 (1) The enactments shall, in their application to building societies,...

s.sch015 Sections 216 and 217 of the Act (restriction on re-use...

s.sch015 (1) Sections 218 and 219 (prosecution of delinquent officers) of...

s.sch015 (1) Where a report is made to the prosecuting authority...

s.sch015 Section 233B of the Act (protection of supplies of goods...

s.sch015 Section 387 (meaning in Schedule 6 of “the relevant date”)...

s.sch015 Section 390 of the Act (persons not qualified to act...

s.sch015 (1) In the following provisions of the Act, in a...

s.sch015 In this Part of this Schedule, Part V of the...

s.sch015 In the following provisions a reference to the creditors, general...

s.sch015 (1) Article 61 (liability of members) is modified as follows....

s.sch015 Articles 62 to 65 and 69 in Chapter I of...

s.sch015 In the enactments as applied to a building society, “...

s.sch015 (1) Article 70 does not apply. (2) In the enactments...

s.sch015 In paragraph (1) of Article 87 (appointment of liquidation committee),...

s.sch015 (1) Where any of the enactments as applied to building...

s.sch015 (1) Article 93 (distribution of property) does not apply; and...

s.sch015 Articles 96 and 97 (liquidator accepting shares, etc , as...

s.sch015 Article 101 (saving for certain rights) shall also apply in...

s.sch015 Article 102 (circumstances in which company may be wound up...

s.sch015 Article 104 (application for winding up) does not apply.

s.sch015 (1) In Article 105 (powers of High Court on hearing...

s.sch015 Article 106 (power of High Court, between petition and winding-up...

s.sch015 If, before the presentation of a petition for the winding...

s.sch015 Article 119 (appointment of liquidator by High Court in certain...

s.sch015 Any enactment which specifies a money sum altered by order...

s.sch015 In the application of Article 120(1) (liquidation committee) to building...

s.sch015 Article 121 (general functions of liquidator in winding up by...

s.sch015 The conditions which the High Court may impose under Article...

s.sch015 Article 132 (adjustment of rights of contributories) shall have effect...

s.sch015 Application of Companies Winding Up Legislation to Building Societies

s.sch015 Article 158 (power to make over assets to employees) does...

s.sch015 (1) In Article 166 (dissolution: voluntary winding up), paragraph (2)...

s.sch015 In Article 169 (dissolution: winding up by the High Court)...

s.sch015 Articles 180 and 181 (restriction on re-use of name) do...

s.sch015 (1) Articles 182 and 183 (prosecution of delinquent officers) do...

s.sch015 (1) Where a report is made to the prosecuting authority...

s.sch015 Article 197B (protection of supplies of goods and services) does...

s.sch015 Article 347 (meaning in Schedule 4 of “the relevant date”)...

s.sch015 Article 349 (persons not qualified to act as insolvency practitioners)...

s.sch015 (1) In the following provisions of the Order, in a...

s.sch015 (1) Where a building society has been wound up voluntarily,...

s.sch015 (1) Sections 1012 to 1023 and 1034 of the Companies...

s.sch015 (1) Rules may be made under section 411 of the...

s.sch015 (1) Rules may be made under Article 359 of the...

s.sch015 In this Part of this Schedule, Part IV of the...

s.sch015 In the following provisions of the Act a reference to...

s.sch015 Parts 4, 6, 7 and 12 of, and Schedule 10...

s.sch015 (1) Section 74 (liability of members) of the Act is...

s.sch015 Sections 75 to 78 and 83 in Chapter I of...

s.sch015 (1) Section 79 (meaning of “contributory”) of the Act does...

s.sch015a (1) Subject to the provisions of this Schedule, the enactments...

s.sch015a (1) Section 8 of the Act (power of court to...

s.sch015a (1) Subsection (1) of section 9 of the Act (application...

s.sch015a In section 10 of the Act (effect of application for...

s.sch015a In section 11 of the Act (effect of administration order),...

s.sch015a In subsection (1) of section 12 of the Act (notification...

s.sch015a Subsection (3) of section 13 of the Act (appointment of...

s.sch015a (1) Subject to sub-paragraph (2) below, section 14 of the...

s.sch015a (1) Subject to sub-paragraph (3) below, paragraph 16 of Schedule...

s.sch015a . . . . . . . . . ....

s.sch015a (1) Section 17 of the Act (general duties of administrator)...

s.sch015a (1) The enactments shall, in their application to building societies,...

s.sch015a . . . . . . . . . ....

s.sch015a (1) Subsection (1) of section 23 of the Act (statement...

s.sch015a Section 24 of the Act (consideration of proposals by creditors’...

s.sch015a (1) Section 25 of the Act (approval of substantial revisions)...

s.sch015a Subsection (1) of section 27 of the Act (protection of...

s.sch015a In section 38 of the Act (receivership accounts), “ prescribed...

s.sch015a In subsection (1) of section 39 of the Act (notification...

s.sch015a Subsection (3) of section 40 of the Act (payment of...

s.sch015a Sections 42 to 49 of the Act (administrative receivers) are...

s.sch015a Subsection (1) of section 51 of the Act (power to...

s.sch015a Subsection (3) of section 59 of the Act (priority of...

s.sch015a Subsection (1) of section 67 of the Act (report by...

s.sch015a Subsection (1) of section 70 of the Act (interpretation for...

s.sch015a Chapter 4 of Part 3 of the Act (prohibition of...

s.sch015a Section 233B of the Act (protection of supplies of goods...

s.sch015a Section 390 of the Act (persons not qualified to act...

s.sch015a (1) In the following provisions of the Act, in a...

s.sch015a In sections 391O, 391Q and 391R of the Act a...

s.sch015a In this Part of this Schedule, the Insolvency (Northern Ireland)...

s.sch015a Article 14 of the Order (proposals for voluntary arrangements) has...

s.sch015a (1) Where any of the enactments as applied to building...

s.sch015a In Article 15 (procedure where nominee is not liquidator or...

s.sch015a In paragraph (2) of Article 17A of the Order (approval...

s.sch015a In Article 19 of the Order (challenge of decisions) as...

s.sch015a In Article 20A of the Order (prosecution of delinquent officers)...

s.sch015a (1) Article 21 of the Order (power of High Court...

s.sch015a (1) Paragraph (1) of Article 22 of the Order (application...

s.sch015a In Article 23 of the Order (effect of application for...

s.sch015a In Article 24 of the Order (effect of administration order),...

s.sch015a In paragraph (1) of Article 25 of the Order (notification...

s.sch015a Paragraph (3) of Article 26 of the Order (appointment of...

s.sch015a (1) Subject to sub-paragraph (2) below, Article 27 of the...

s.sch015a (1) Subject to sub-paragraph (3) below, paragraph 17 of Schedule...

s.sch015a (1) Rules may be made under section 411 of the...

s.sch015a . . . . . . . . . ....

s.sch015a (1) Article 29 of the Order (general duties of administrator)...

s.sch015a . . . . . . . . . ....

s.sch015a (1) Paragraph (1) of Article 35 of the Order (statement...

s.sch015a Article 36 of the Order (consideration of proposals by creditors’...

s.sch015a (1) Article 37 of the Order (approval of substantial revisions)...

s.sch015a Paragraph (1) of Article 39 of the Order (protection of...

s.sch015a In Article 48 of the Order (receivership accounts), “ prescribed...

s.sch015a In paragraph (1) of Article 49 of the Order (notification...

s.sch015a Paragraph (3) of Article 50 of the Order (payment of...

s.sch015a Any enactment which specifies a money sum altered by order...

s.sch015a Articles 52 to 59 of the Order (administrative receivers) are...

s.sch015a Article 59A of the Order (floating charge holder not to...

s.sch015a Articles 59B to 59J of the Order (exceptions to prohibition)...

s.sch015a Article 197B of the Order (protection of supplies of goods...

s.sch015a Article 349 of the Order (persons not qualified to act...

s.sch015a (1) In the following provisions of the Order, in a...

s.sch015a In Articles 350O, 350Q and 350R of the Order a...

s.sch015a In this Schedule— “deposit” and “relevant deposit” have the meaning...

s.sch015a In this Part of this Schedule, the Insolvency Act 1986...

s.sch015a Parts 1, 3, 6, 7 and 12 of the Act,...

s.sch015a Section 1 of the Act (proposals for voluntary arrangements) has...

s.sch015a In section 2 (procedure where nominee is not liquidator or...

s.sch015a In subsection (2) of section 4A of the Act (approval...

s.sch015a In section 6 of the Act (challenge of decisions) as...

s.sch015a In section 7A of the Act (prosecution of delinquent officers)...

s.sch016 In this Part of this Schedule— “merger” means an amalgamation...

s.sch016 An application for confirmation by the appropriate authority of an...

s.sch016 (1) After the date specified in pursuance of paragraph 8(2)(b)...

s.sch017 In this Part of this Schedule— “ prescribed matters ”...

s.sch017 A building society which desires to transfer its business shall,...

s.sch017 (1) A transfer statement, in relation to a transfer of...

s.sch017 (1) The Treasury, may make regulations for the purpose of...

s.sch017 In this Part of this Schedule— “ requisite particulars ”,...

s.sch017 An application by a building society for confirmation by the...

s.sch017 (1) After the date specified in the notice in pursuance...

s.sch018 In section 9(1) of the Bankers’ Books Evidence Act 1879...

s.sch018 (1) This paragraph amends the Consumer Credit Act 1974 as...

s.sch018 (1) This paragraph amends the Solicitors Act 1974 as follows....

s.sch018 In section 3(1) (building society law) of the Home Purchase...

s.sch018 Amendments of Enactments

s.sch018 In section 6(1) (interpretation) of the Charging Orders Act 1979,...

s.sch018 Amendments of Enactments

s.sch018 (1) This paragraph amends the Housing Act 1985 as follows....

s.sch018 (1) This paragraph amends the Housing Associations Act 1985 as...

s.sch018 Amendments of Enactments

s.sch018 In section 31(b) of the Industrial and Provident Societies Act...

s.sch018 Amendments of Enactments

s.sch018 In Article 33 (security not to be deemed prior mortgage...

s.sch018 (1) This paragraph amends the Housing (Northern Ireland) Order 1981...

s.sch018 In Article 3(10) of the Property (Discharge of Mortgage by...

s.sch018 In Article 3(4) of the Housing (Northern Ireland) Order 1983,...

s.sch018 Amendments of Enactments

s.sch018 (1) This paragraph amends the Trustee Investments Act 1961 as...

s.sch018 In section 1(4) of the Stock Transfer Act 1963 (simplified...

s.sch018 In section 31(b) of the Industrial and Provident Societies Act...

s.sch018 Amendments of Enactments

s.sch018 (1) This paragraph amends the Banking and Financial Dealings Act...

s.sch018 In Schedule 12A (access to information: exempt information) to the...

s.sch020 In this Schedule— “the commencement date for” any provision of...

s.sch020 (1) Until provision is made by an order under section...

s.sch020 Until provision is made by an order under section 12(3)...

s.sch020 Transitional and Saving Provisions

s.sch020 (1) Except as provided in this paragraph, an existing director...

s.sch020 In the case of a building society established before 25th...

s.sch020 For the purposes of the application of section 118 by...

s.sch020 Transitional and Saving Provisions

s.sch020 A building society which, at the commencement date for section...

s.sch020 (1) A building society which, at the commencement date for...

s.sch020 (1) It is hereby declared that every building society has...

s.sch021 Provision of Conveyancing Services by Recognised Institutions and Practitioners

sch. 8 para. 3 sch. 8 para. 3 Regulated

Do not accept trusteeship of prohibited trusts; retire if trust becomes prohibitedTrader

sch. 8 para. 4 sch. 8 para. 4 Regulated

Recover overdrawn amounts as soon as practicableTrader

5 other provisions

sch. 12 para. 8 sch. 12 para. 8

sch. 12 para. 9 sch. 12 para. 9

sch. 8 para. 1 sch. 8 para. 1

sch. 8 para. 5 sch. 8 para. 5

s.para.397 The matters for which provision is, subject to Part III...

Connected legislation

Instruments made under this Act. They carry the detail the Act delegates.

The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 2004 SI 2004/3199

The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 2007 SI 2007/859

The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 2009 SI 2009/1391

The Building Societies (Accounts and Related Provisions) (Amendment) Regulations 2014 SI 2014/48

The Building Societies Act 1986 (Amendment of Small Business Turnover Limit) Order 2024 SI 2024/1024

The Building Societies Act 1986 (Electronic Communications) Order 2003 SI 2003/404

The Building Societies Act 1986 (International Accounting Standards and Other Accounting Amendments) Order 2004 SI 2004/3380

The Building Societies Act 1986 (Modification of the Lending Limit and Funding Limit Calculations) Order 2004 SI 2004/3200

The Building Societies Act 1986 (Modifications) Order 2024 SI 2024/1346

The Building Societies Act 1986 (Substitution of Specified Amounts and Modification of the Funding Limit Calculation) Order 2007 SI 2007/860

The Building Societies (Restricted Transactions) (Amendment to the Limit on the Trade in Currencies) Order 2017 SI 2017/1307

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.