The Building Societies (Limits on Lending) Order 1992

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Statutory Instrument

The Building Societies (Limits on Lending) Order 1992

Citation

S.I. 1992/2931

As at

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Sections

Source

legislation.gov.uk (The National Archives)

View on legislation.gov.uk

Section 1Citation and commencement

This Order may be cited as the Building Societies (Limits on Lending) Order 1992 and shall come into force on 15th December 1992.

Section 2Specification of sums for the purposes of section 16(8) of the Building Societies Act 1986

The sum specified for the purposes of section 16(8) (limit on loans to any one individual) of the Building Societies Act 1986 shall be £25,000.

Section 3Specification of sums for the purposes of section 16(8) of the Building Societies Act 1986

Paragraph 2 of Article 2 of the Building Societies (Limits on Lending) Order 1988 is hereby repealed.

3 sections

Cite this legislation

The Building Societies (Limits on Lending) Order 1992 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1992-2931

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

OGL-3

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