SCHEDULE 9Amendments of the Friendly Societies Act 1992
I142
1
Section 103230 (power to modify Part 6 in relation to particular friendly societies) is amended as follows.
2
In subsections (1) and (3), for “Authority”, in each place, substitute “appropriate authority”.
3
After subsection (3), insert—
3A
The PRA must consult the FCA before making, varying or revoking a direction under this section.
3B
The PRA must send the FCA a copy of any direction, variation or revocation under this section.
4
For subsection (7), substitute—
7
The FCA must keep in a register kept by it for the purposes of this subsection a copy of any direction, variation or revocation under this section.
5
In subsection (9)—
a
for “Authority” substitute “FCA”; and
b
in paragraph (a), omit “made by it”.