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The Financial Services Act 2012 (Mutual Societies) Order 2013

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57.—(1) Schedule 15(1) (application of companies winding up legislation to building societies) is amended as follows.U.K.

(2) In paragraph 3(1)(b), for “Financial Services Authority” substitute “Financial Conduct Authority”.

(3) In paragraph 4, for “Authority”, in each place, substitute “FCA”.

(4) In paragraph 21(3)—

(a)for “to the Authority” substitute “to the FCA and, if the society is a PRA-authorised person, the PRA”; and

(b)for “Authority shall” substitute “FCA must”.

(5) In paragraph 29, for “Authority” substitute “appropriate authority”.

(6) In paragraph 31, for “Authority” substitute “FCA”.

(7) In paragraph 32, for “Authority”, in each place, substitute “FCA”.

(8) In paragraph 48(3)—

(a)for “to the Authority” substitute “to the FCA and, if the society is a PRA-authorised person, the PRA”; and

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

(9) In paragraph 55A, for “Authority” substitute “appropriate authority”.

(10) In paragraph 55C, for “Authority” substitute “FCA”.

(11) In paragraph 55D, for “Authority”, in each place, substitute “FCA”.

Commencement Information

I1Sch. 8 para. 57 in force at 1.4.2013, see art. 1(1)

(1)

Schedule 15 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

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