The Financial Services Act 2012 (Mutual Societies) Order 2013

Consequential amendments to primary legislationU.K.

This section has no associated Explanatory Memorandum

10.—(1) The Housing (Scotland) Act 2010(1) is amended as follows.

(2) In section 18(2) (co-operation with other regulators) for paragraph (f) substitute—

(f)the Financial Conduct Authority,

(fa)the Prudential Regulation Authority,.

(3) In the provisions in sub-paragraph (4), for “Financial Services Authority”, in each place, substitute “Financial Conduct Authority”.

(4) The provisions are—

(a)section 30 (communication with other regulators);

(b)section 80(2)(d) (proposals: formulation);

(c)section 82(3)(d) (proposals: agreement);

(d)section 87(5) (manager of registered society: extra powers);

(e)section 94(2) (registered society’s rules: supplementary);

(f)section 96(1)(b) (restructuring, winding up and dissolution of registered societies);

(g)section 97(1) (restructuring of society);

(h)section 98 (voluntary winding up of society); and

(i)section 99 (dissolution of society).

Commencement Information

I1Sch. 11 para. 10 in force at 1.4.2013, see art. 1(1)