The Financial Services Act 2012 (Mutual Societies) Order 2013

This section has no associated Explanatory Memorandum

26.—(1) Section 69(1) (disclosure and record of income of related businesses) is amended as follows.U.K.

(2) In subsection (8), for “Authority” substitute “FCA”.

(3) For subsection (14), substitute—

(14) The society must send two copies of the statement required to be made available under subsection (13) 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.

(14A) The FCA must keep a copy of the statement in the public file of the society..

Commencement Information

I1Sch. 8 para. 26 in force at 1.4.2013, see art. 1(1)

(1)

Section 69 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.