Application of section 356 of FSMA6
1
Section 356 of FSMA (powers of FCA and PRA to participate in proceedings: company voluntary arrangements) M1 applies in relation to a relevant society—
a
which is an authorised person; and
b
in relation to which a voluntary arrangement has effect under Part 1 of the 1986 Act.
2
For that purpose—
a
in subsection (1) the reference to a company includes a reference to a relevant society; and