The Financial Services Act 2012 (Mutual Societies) Order 2013

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38.—(1) Section 94(1) (transfer of engagements) is amended as follows.U.K.

(2) In subsection (5)(b), for “Authority” substitute “appropriate authority”.

(3) In subsection (7)(a), for “Authority” substitute “appropriate authority”.

(4) In subsection (8)—

(a)for “Authority” substitute “appropriate authority”; and

(b)for “it shall” substitute “the FCA must”.

(5) In subsection (9), for “Authority” substitute “FCA”.

Commencement Information

I1Sch. 8 para. 38 in force at 1.4.2013, see art. 1(1)

(1)

Section 94 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.