UK Statutory Instrument SI 1987/395 United Kingdom

The Building Societies Act 1986 (Accounts and Related Transitional Provisions) Order 1987

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person6 Director or Officer1 Trader1

Other Acts binding the same actors

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

Any Person — also bound by 2340 other Acts
Director or Officer — also bound by 429 other Acts
Companies Act 2006 126 duties
Trader — also bound by 825 other Acts
Companies Act 2006 243 duties
Companies Act 1985 85 duties

What it requires

Regulations 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.

sch. 2 sch. 2 Regulated
  • Include additional parts in annual return and ensure auditors report on themTrader
s.art004 Accounts Regulated
  • Include Schedule 1 particulars in relevant accountsAny Person
s.art005 Directors' report Regulated
  • Include special advances particulars in directors' report (transitional)Any Person
s.art006 Annual returns Regulated
  • Submit annual returns that comply with Schedule 2Any Person
s.art007 Auditors Regulated
  • Auditors must confirm accounts are properly drawn up in their reportAny Person
3 other provisions — procedural and definitional
s.art001 Citation and commencement
s.art002 Interpretation
s.art003 Application of Order
Schedules

Schedules

3 of 8 shown
s.sch001 — (1) Where a society, at the end of its... Regulated
  • Disclose details of associated bodies in balance sheet notesDirector or Officer
s.sch001 (1) Where, at the end of a financial year of... Regulated
  • Disclose class 3 assets in your building society's annual accountsAny Person
s.sch001 (1) Where, at the end of the financial year of... Regulated
  • Disclose non-retail funds and deposits in accountsAny Person
5 other schedules
s.sch001 (1) Where, at any time during a society’s financial year...
s.sch002 Paragraphs 2 to 4 below of this Schedule apply to...
s.sch002 (1) In Part 1 (directors, staff and officers), in the...
s.sch002 In Part 3 (balance sheet), Section C is not required...
s.sch002 In Part 5 (mortgages)— (a) in Section A, the percentages...

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