SCHEDULES
C1C2SCHEDULE 17 Transfers of Business: Supplementary Provisions
Sch. 17 applied (with modifications) (5.3.2009) by The Mutual Societies (Transfers) Order 2009 (S.I. 2009/509), arts. 1(2), 3-18
Part II Confirmation by F1appropriate authority : Procedure
Words in Sch. 17 substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 60(2) (with Sch. 12)
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1
After the date specified in the notice in pursuance of paragraph 7(2)(b) above, the Commission shall—
a
determine the time and place at which oral representations may be made;
b
give notice of that determination to the building society making the transfer and any persons who have given notice of their intention to make oral representations; and
c
send copies of the written representations received by the Commission to the building society making the transfer.
2
The Commission shall allow the building society making the transfer an opportunity to comment on the written representations, whether at a hearing or in writing, before the expiration of such period as the Commission specifies in a notice to the society.
Sch. 17: power to modify conferred (16.1.2009) by Building Societies (Funding) and Mutual Societies (Transfers) Act 2007 (c. 26), ss. 3, 6(2); S.I. 2009/36, art. 2