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The Building Societies (Designation of Qualifying Bodies) Order 1995
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PART Idescription of designated body corporate
| Column 1 Specified description | Column 2 Specified definition | Column 3 Specified relevant power | Column 4 Specified purposes | Column 5 Specified conditions |
|---|---|---|---|---|
| Financing body. | A specified type of body corporate (not being one excluded by the particular restrictions for financing bodies), formed for the purposes of, or the objects of which include, acquiring, holding and disposing of relevant debts and permitted investments. | Investment or investment and support (but not for support only). | Enabling the body to carry on any of the activities which are described in column 2 and to accept deposits. | (1) The standard asset condition. (2) The qualifying activities condition. |
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