Financial Services and Markets Act 2000

Industrial and provident societies and credit unions U.K.

338 Industrial and provident societies and credit unions. U.K.

(1) The Treasury may by order provide for the transfer to the Authority of any functions conferred by—

(a) the M1 Industrial and Provident Societies Act 1965;

(b) the M2 Industrial and Provident Societies Act 1967;

(c) the M3 Friendly and Industrial and Provident Societies Act 1968;

(d) the M4 Industrial and Provident Societies Act 1975;

(e) the M5 Industrial and Provident Societies Act 1978;

(f) the M6 Credit Unions Act 1979.

(2) The Treasury may by order provide for the transfer to the Treasury of any functions under those enactments which have not been, or are not being, transferred to the Authority.

(3) The enactments relating to industrial and provident societies which are mentioned in Part IV of Schedule 18 are amended as set out in that Part.

(4) The enactments relating to credit unions which are mentioned in Part V of Schedule 18 are amended as set out in that Part.

Commencement Information

I1 S. 388 wholly in force at 1.12.2001; s. 388 not in force at Royal Assent see s. 431(2); s. 338(1)(2) in force at 25.2.2001 by S.I. 2001/516, art. 2(a), Sch. Pt. 1; s. 388 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)

Marginal Citations

M1 1965 c. 12.

M2 1967 c. 48.

M3 1968 c. 55.

M4 1975 c. 41.

M5 1978 c. 34.

M6 1979 c. 34.