The Building Societies (Designation of Qualifying Bodies) (Amendment) Order 1990

• Citation: S.I. 1990/351
• Sections: 3

Section 1 Title and commencement

This Order may be cited as the Building Societies (Designation of Qualifying Bodies) (Amendment) Order 1990 and shall come into force on 1st April 1990.

Section 2 Amendment of previous Order

The Building Societies (Designation of Qualifying Bodies) Order 1988 shall have effect subject to the amendments set out in Article 3 below.

Section 3 Amendment of previous Order

To Part I of the Schedule (bodies corporate, and descriptions of bodies, designated) there shall be added after the item numbered 6D an item numbered “6E” comprising the following entries in the columns of that Part—

(a) in column 1 (specified name or description), “Society for Worldwide Interbank Financial Telecommunication SC (also known as “S.W.I.F.T. SC”)”,

(b) in column 2 (specified registration number or definition), “Registered in Belgium, Formule I/B 51367”,

(c) in column 3 (specified relevant power), “Investment and support or support”,

(d) in column 4 (specified purposes (if any)), “Facilitating the provision of banking services by the society or any associated body of the society.”, and

(e) in column 5 (specified limits and conditions (if any)), “—”.