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The Financial Services Act 2012 (Mutual Societies) Order 2013
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- UK Statutory Instruments
- 2013 No. 496
- SCHEDULE 8
- Paragraph 56
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There are currently no known outstanding effects for the The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 56.
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56.—(1) Schedule 14(1) (settlement of disputes) is amended as follows.U.K.
(2) In paragraph 1(5), for “Authority” substitute “FCA”.
(3) In the heading to paragraph 3, for “Authority” substitute “FCA and PRA”.
(4) In paragraph 3, for “Authority”, in each place, substitute “FCA and, if the society is a PRA-authorised person, the PRA”.
(5) In paragraph 6—
(a)for “Authority”, in each place, substitute “FCA”; and
(b)after sub-paragraph (2), insert—
“(3) The FCA must consult the PRA before making any such award.”.
Commencement Information
I1Sch. 8 para. 56 in force at 1.4.2013, see art. 1(1)
(1)
Schedule 14 was amended by S.I. 2001/2617.
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