The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001

Repeal of spent disqualifications

288.—(1) Schedule 1 to the Northern Ireland Assembly Disqualification Act 1975 (disqualifying offices) is amended as follows.

(2) In Part 2, the following entries are repealed—

• “The Building Societies Commission.”; and

• “The Friendly Societies Commission.”.

(3) In Part 3, the following entries are repealed—

• “Chairman of a designated agency within the meaning of the Financial Services Act 1986 if he is in receipt of remuneration.”;

• “Chairman of a transferee body within the meaning of Schedule 11 to the Financial Services Act 1986 if he is in receipt of remuneration.”;

• “Industrial Assurance Commissioner or Deputy Industrial Assurance Commissioner appointed under the Industrial Assurance Act (Northern Ireland) 1924.”; and

• “Registrar or Assistant Registrar of Friendly Societies.”.