The Financial Services Act 2012 (Mutual Societies) Order 2018

9.  In section 29 (charges on assets of registered societies)—

(a) in subsection (2)—

(i) in paragraph (a)—

(aa) for “prescribed manner” substitute “manner directed by the registrar”;

(bb) for “and so authenticated as may be prescribed” substitute “authenticated in the manner directed by the registrar”;

(ii) for paragraph (b) substitute—

“(b) any fee required by rules made in accordance with paragraph 23 of Schedule 1ZA to the Financial Services and Markets Act 2000(1).”;

(b) for subsections (3) and (4) substitute—

“(3) If an application is made in accordance with subsection (2), the registrar must—

(a) give the person who makes the application an acknowledgment of the application, bearing the registrar’s seal;

(b) place the copy of the instrument included in the application, a note of any particulars included in it, and a copy of the acknowledgement on a file kept by the registrar in respect of the society; and

(c) make the file available for inspection during office hours by members of the public on payment of any fee required by rules made in accordance with paragraph 23 of Schedule 1ZA to the Financial Services and Markets Act 2000.

(4) The registrar may, under section 98 (Form, deposit and evidence of documents), make provision for—

(a) the giving to the registrar of notice of any release, discharge or other transaction relating to a charge in respect of which an application under this section has been made;

(b) the inclusion in the file mentioned in this section of any such notice appearing to the registrar to relate to the charge.”.

(1)

2000 c. 8. Schedule 1ZA was substituted by the Financial Services Act 2012, section 6(2) and Schedule 3.