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 [F1FCA 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) [F2or 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 [F1FCA and, if the society or branch is a PRA-authorised person, the PRA] within seven days after the order is made.
Textual Amendments
F1Words 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)
F2Words 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.