The Financial Services and Markets Act 2000 (Mutual Societies) Order 2001

162.  In section 69(1)—

(a) in subsection (5)—

(i) for the word “Commission” there is substituted “Treasury”, and

(ii) for the words “it considers” there is substituted “they consider”,

(b) in subsection (8) for the word “Commission” there is substituted “Authority”,

(c) in subsection (12) for the word “Commission” there is substituted “Treasury”,

(d) in subsection (14) for the words—

(i) “Commission” and

(ii) “central office”

there is substituted “Authority”, and

(e) in subsection (16)—

(i) the words from the beginning to “and” are omitted, and

(ii) for the words “such an order” there is substituted “an order made under subsection (5) or (12) above”.

(1)

Section 69 is amended by the Building Societies Act 1997, Schedule 7 paragraph 27.