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The Financial Services Act 2012 (Mutual Societies) Order 2013
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- UK Statutory Instruments
- 2013 No. 496
- SCHEDULE 9
- Paragraph 36
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36.—(1) Section 87(1) (actuary’s report as to margin of solvency) is amended as follows.
(2) In subsection (2)—
(a)in paragraph (b), for “Authority under section 138” substitute “appropriate authority under Part 9A”; and
(b)in the closing words of that subsection, for “Authority” substitute “appropriate authority”.
(3) In subsection (3), for “Authority”, in each place, substitute “appropriate authority”.
(1)
Section 87(2) and (3) were amended by S.I. 1997/2849, S.I. 1999/1984 and S.I. 2001/2617.
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