This statutory instrument establishes the legal criteria for designating specific organizations as qualifying bodies under the Building Societies Act 1986. The order is issued by the United Kingdom government to provide a regulatory framework for building societies to engage in specific financial activities or investments. It serves as a formal legal mechanism to ensure that only entities meeting defined standards are recognized for the purposes of the Act.

Legal professionals and financial regulators utilize this document as a primary source for historical compliance and statutory interpretation regarding building society regulations. It is considered a technical legal instrument intended for use by practitioners and those researching the evolution of UK financial law.