PART 3Mutual societies

Transfer of functions

54Repeals in Part 21 of FSMA 2000

(1)

The following provisions of Part 21 of FSMA 2000 are repealed—

(a)

in section 334 (the Friendly Societies Commission), subsections (1) and (2);

(b)

section 335 (the Registry of Friendly Societies);

(c)

section 336 (the Building Societies Commission);

(d)

section 337 (the Building Societies Investor Protection Board);

(e)

section 338 (industrial and provident societies and credit unions);

(f)

section 339 (supplemental provisions).

(2)

The repeals in subsection (1) do not have the effect of revoking any order made under any provision of Part 21 of FSMA 2000 before the commencement of this section.