UK Statutory Instrument 1987 United Kingdom

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

At a glance

What's here

8 compliance obligations

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

Schedules

s.sch001

— (1) Where a society, at the end of its...

  • Disclose details of associated bodies in balance sheet notes
s.sch001

(1) Where, at the end of a financial year of...

  • Disclose class 3 assets in your building society's annual accounts
s.sch001

(1) Where, at the end of the financial year of...

  • Disclose non-retail funds and deposits in accounts
Browse 5 other Schedules — structural / supplementary
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...

sch. 2

sch. 2

  • Include additional parts in annual return and ensure auditors report on them
s.art004

Accounts

  • Include Schedule 1 particulars in relevant accounts
s.art005

Directors' report

  • Include special advances particulars in directors' report (transitional)
s.art006

Annual returns

  • Submit annual returns that comply with Schedule 2
s.art007

Auditors

  • Auditors must confirm accounts are properly drawn up in their report
Browse 3 other sections — procedural / definitional / commencement
s.art001

Citation and commencement

s.art002

Interpretation

s.art003

Application of Order

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