SCHEDULE 8Amendments of the Building Societies Act 1986

I125

For section 68(5) (records of loans etc.), substitute—

5

The society must send two copies of the statement required to be made available under subsection (3) to the FCA and, if the society is a PRA-authorised person, one copy to the PRA, on the date on which the statement is required to be first made available to members.

5A

The FCA must keep a copy of the statement in the public file of the society.