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The Building Societies (Designation of Qualifying Bodies) (No.2) Order 1991

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PART IDESCRIPTIONS OF BODIES CORPORATE DESIGNATE

Column 1Column 2Column 3Column 4Column 5
ItemSpecified descriptionSpecified definitionSpecified relevant powerSpecified purposesSpecified limits and conditions
1.Appropriate services vehicle.A type A body corporate (being neither one excluded by the particular restrictions for appropriate services vehicles nor one designated either by specified name or description by any Order made under section 18 of the Act other than this Order) formed for the purpose of or the objects of which include the carrying on of any activity which is ancillary to, promotes or is conducive to the accomplishment of any activity which is within the powers of a society to carry on.Investment and support, or support.Enabling the appropriate vehicle to carry on the activities referred to in column 2 of this item.The group interest provision.

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