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

38.—(1) Section 94(1) (transfer of engagements) is amended as follows. U.K.

(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”.

Commencement Information

I1 Sch. 8 para. 38 in force at 1.4.2013, see art. 1(1)

(1)

Section 94 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.