This document establishes the legal framework and regulatory requirements for the charges and fees that building societies in the United Kingdom are permitted to levy. The regulations were drafted by the British government to ensure transparency and fairness in financial transactions between building societies and their members. It serves as a statutory instrument designed to codify the administrative costs and service charges associated with mortgage and savings accounts during the 1990 fiscal period.

Legal professionals and financial compliance officers utilize this text as a primary source for historical regulatory standards within the UK banking sector. It is considered a technical document intended for practitioners and researchers examining the evolution of financial consumer protection laws.