SCHEDULES

F1SCHEDULE 2 Procedure in Relation to Directions Under Section 19

Annotations:
Amendments (Textual)
F1

Sch. 2 omitted (2.7.2002) by virtue of S.I. 2002/1501, arts. 1(1), 2(22) (with art. 6(1))

3

1

On giving such a direction the F2Authority shall serve the direction on the credit union and shall serve on every member of its committee a notice of the giving of the direction.

2

The direction and notices served in accordance with subparagraph (1) above shall be accompanied by a notice specifying the considerations which have led the F2Authority to conclude that F3it should give the direction.

3

The F2Authority shall not have power to give such a direction unless all the considerations so specified were those, or were among those, which were specified in the notice under paragraph 1 above.