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The Financial Services Act 2012 (Mutual Societies) Order 2013

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4.—(1) Section 5(1) (establishment, constitution and powers) is amended as follows.U.K.

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

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

(4) For subsection (13)(a), substitute—

(a)section 1(1A)(a) (functions of the Prudential Regulation Authority in relation to building societies);.

Commencement Information

I1Sch. 8 para. 4 in force at 1.4.2013, see art. 1(1)

(1)

Section 5 was amended by the Building Societies Act 1997 (c.32), section 1, the Building Societies (Funding) and Mutual Societies (Transfers) Act 2007 (c.26), section 1 and S.I. 2001/2617.

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