UK Statutory Instrument SI 1995/1188 United Kingdom

The Building Societies (Designation of Qualifying Bodies) Order 1995

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person2

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

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. para. 2 Meaning of "particular restrictions for financing bodies" Regulated
  • Dispose of shares in a trading body if it becomes a market maker or derivatives traderAny Person
sch. para. 7 Meaning of "qualifying activities condition" Regulated
  • Reduce shareholding if subsidiary is restricted or income falls below 60%Any Person
9 other provisions — procedural and definitional
s.001 Meaning of “specified type of body corporate” (opens in a new tab)
s.003 Meaning of “acquiring” (opens in a new tab)
s.004 Meaning of “relevant debts” and treatment of similar arrangements (opens in a new tab)
s.005 Meaning of “permitted investments” (opens in a new tab)
s.006 Meaning of “standard asset condition” (opens in a new tab)
s.art001 Title and commencement
s.art002 Interpretation
s.art003 Designation of bodies corporate
s.art004 Amendment of earlier Orders

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