3.—(1) Section 16 (cancellation of registration of society) is further amended as follows.U.K.
(2) After subsection (2), insert—
“(2A) The FCA must consult the PRA before cancelling the registration of a registered society which is a PRA-authorised person.”.
(3) After subsection (4), insert—
“(4A) The FCA must consult the PRA before issuing directions under subsection (4) to a registered society which is a PRA-authorised person.”.
Commencement Information
I1Sch. 2 para. 3 in force at 1.4.2013, see art. 1(1)