SCHEDULE 8Amendments of the Building Societies Act 1986

I138

1

Section 94170 (transfer of engagements) is amended as follows.

2

In subsection (5)(b), for “Authority” substitute “appropriate authority”.

3

In subsection (7)(a), for “Authority” substitute “appropriate authority”.

4

In subsection (8)—

a

for “Authority” substitute “appropriate authority”; and

b

for “it shall” substitute “the FCA must”.

5

In subsection (9), for “Authority” substitute “FCA”.