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The Financial Services Act 2012 (Mutual Societies) Order 2013

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There are currently no known outstanding effects for the The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 39. Help about Changes to Legislation

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39.—(1) Section 95(1) (mergers: provisions supplementing sections 93 and 94) is amended as follows.U.K.

(2) For “Authority”, in each place, substitute “appropriate authority”.

(3) After subsection (6), insert—

(6A) The PRA must consult the FCA before confirming an amalgamation or transfer, or giving a direction, under this section.

(6B) The PRA must—

(a)notify the FCA it if confirms an amalgamation or transfer; and

(b)send the FCA a copy of any direction it gives..

Commencement Information

I1Sch. 8 para. 39 in force at 1.4.2013, see art. 1(1)

(1)

Section 95 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

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