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Statutory Instrument

The Building Societies Investor Protection Scheme (Maximum Protected Investment) Order 1987

Citation
S.I. 1987/1349
As at
Sections
2
Section 1Citation and commencement

This Order may be cited as the Building Societies Investor Protection Scheme (Maximum Protected Investment) Order 1987 and shall come into force on 1st October 1987.

Section 2Amendment of section 27(5) of the Building Societies Act 1986

In section 27(5)(b) of the Building Societies Act 1986 (amount of investor’s protected investment), for “£10,000” there shall be substituted “£20,000”.

2 sections

Cite this legislation

The Building Societies Investor Protection Scheme (Maximum Protected Investment) Order 1987 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1987-1349

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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