Cancellation and suspension of registration and dissolution U.K.

97 Notice of proceedings or order to set aside dissolution. U.K.

(1) Where any person takes proceedings to set aside the dissolution of a society or branch, he shall give notice of the proceedings to the [F1 FCA and, if the society or branch is a PRA-authorised person, the PRA] not later than the expiry of whichever of the following periods first expires, namely,—

(a) the period of seven days after the commencement of the proceedings; and

(b) the period of three months referred to in section 94(7)(a) above or, as the case may require, section 95(6)(a) [F2 or 95A(4)(a)] above.

(2) Where an order is made setting aside the dissolution of a society or branch, the society or branch shall give notice of the order to the [F1 FCA and, if the society or branch is a PRA-authorised person, the PRA] within seven days after the order is made.

Textual Amendments

F1 Words in s. 97 substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 5 para. 20 (with Sch. 12)

F2 Words in s. 97(1)(b) inserted (28.4.1993) by Friendly Societies Act 1992 (c. 40), s. 95, Sch. 16 para. 41 (with ss. 7(5) and 93(4)); S.I. 1993/1186, art. 2, Sch. 3.