- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (31/12/1997)
- Gwreiddiol (Fel y'i Deddfwyd)
Building Societies Act 1986
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Rhagor o Adnoddau
Changes over time for: Section 45A
Version Superseded: 17/08/2001
Alternative versions:
- 01/01/1993- Amendment
- 31/12/1997
Point in time - 17/08/2001- Amendment
- 01/12/2001- Amendment
Status:
Point in time view as at 31/12/1997. This version of this provision has been superseded.
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Building Societies Act 1986, Section 45A is up to date with all changes known to be in force on or before 16 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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[45AF1Exercise of powers on information from supervisory authority.U.K.
(1)This section applies where, in the case of a building society for which an authorisation is in force, the Commission is informed by a supervisory authority in another member State that the society is failing to comply with an obligation imposed by or under any rule of law in force in that State for purposes connected with the implementation of the Second Council Directive.
(2)The Commission shall as soon as practicable send a copy of the information received by it to every other authority which it knows is a connected UK authority.
(3)The Commission shall also—
(a)consider whether to exercise its powers—
(i)under section 42, to impose conditions on the society’s authorisation, or
(ii)under section 43, to revoke the society’s authorisation; and
(b)notify its decision, and any action which it has taken or intends to take, to the supervisory authority and to every other authority which it knows is a connected UK authority.]
Textual Amendments
F1S. 45A inserted (1. 1. 1993) by S.I. 1992/3218, reg.74
Modifications etc. (not altering text)
C1S. 45A(1) extended (1.1.1996) by S.I. 1995/3275, reg. 57, Sch. 10 Pt. I para. 6
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