SCHEDULE 5Amendments of the Friendly Societies Act 1974
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1
Section 94109 (instrument of dissolution) is amended as follows.
2
In subsection (2)(d), for “Authority” substitute “FCA or the PRA”.
3
After subsection (4), insert—
4A
If the society or branch is a PRA-authorised person, a copy of the instrument and declaration sent to the FCA under paragraph (4) shall be sent to the PRA.