The Financial Services Act 2012 (Mutual Societies) Order 2013 No. 496

SCHEDULE 8 U.K. Amendments of the Building Societies Act 1986

31.—(1) Section 87(1) (dissolution by consent) is amended as follows. U.K.

(2) In subsection (5), for “Authority” substitute “FCA and, if the society is a PRA-authorised person, the PRA”.

(3) In subsection (7), for “Authority” substitute “FCA and, if the society is a PRA-authorised person, the PRA”.

(4) In subsection (8), for “Authority” substitute “appropriate authority”.

(5) In subsection (10), for “Authority” substitute “FCA”.

Commencement Information

I1 Sch. 8 para. 31 in force at 1.4.2013, see art. 1(1)

(1)

Section 87 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.