The Financial Services Act 2012 (Mutual Societies) Order 2013

This section has no associated Explanatory Memorandum

6.—(1) Section 4(1) (rules) is amended as follows.U.K.

(2) In subsection (1), for “Authority”, in each place, substitute “FCA”.

(3) After subsection (1), insert—

(1A) The FCA must consult the PRA before determining any provision under subsection (1)(b) which relates to credit unions which are PRA-authorised persons..

Commencement Information

I1Sch. 6 para. 6 in force at 1.4.2013, see art. 1(1)

(1)

Section 4 was amended by S.I. 2001/2617 and S.I. 2002/1555.