
1 
This Order may be cited as the Building Societies (Designated Capital Resources) (Amendment) Order 1994 and shall come into force on 15th April 1994.
2 
The Building Societies (Designated Capital Resources) Order 1992 shall have effect subject to the following amendments–
(a) in Article 2 (interpretation) there shall be inserted at the end the following definition–““undated loan capital” has the meaning ascribed to it in the Building Societies (Undated Subordinated Debt) Order 1994.” and
(b) in Article 7 (limit on aggregation) after “revaluation reserve” in both places where that term appears, there shall be inserted the words “undated loan capital”.
In witness whereof the common seal of the Building Societies Commission is hereunto fixed, and is authenticated by me, a person authorised under paragraph 14 of Schedule 1 to the Building Societies Act 1986, on 7th March 1994.
J. Dennis
Secretary to the Commission
7th March 1994We consent to this Order
T. Kirkhope
I. Patnick
Two of the Lords Commissioners of Her Majesty’s Treasury
11th March 1994