# The Amendments to Law (Resolution of Dunfermline Building Society) Order 2009, Article 9: Modification of the regulators’ rule making powers

Extent: E+W+S+N.I.

(1) Section 137A(1) of FSMA (the FCA’s general rules) has effect as if at the end there were inserted “or for the purposes of, to facilitate or in consequence of the Dunfermline Building Society Property Transfer Instrument 2009”.
(1A) Section 137G(1) of FSMA (the PRA’s general rules) has effect as if at the end there were inserted “or for the purposes of, to facilitate or in consequence of the Dunfermline Building Society Property Transfer Instrument 2009”.
(2) Section 138A(1) of FSMA (modification or waiver of rules) is modified so it applies in relation to a relevant person—
(a) in the absence of an application by the relevant person, and
(b) without any requirement for consent by the relevant person.
(3) Section 138A(4) of FSMA is to have effect such that it does not prevent the FCA or the PRA from modifying or waiving rules in relation to a relevant person under section 138A where the following condition is satisfied.
(4) The condition is that that regulator is satisfied that the modification or waiver is necessary for the purposes of, to facilitate or in consequence of the Property Transfer Instrument.
(5) In this article, relevant persons are Dunfermline Building Society and the Dunfermline Bridge Bank.

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Source: https://www.legislation.gov.uk/uksi/2009/814/article/9 (the official version)
Page: https://openlegislation.uk/amendments-to-law-resolution-of-dunfermline-building-society-order-2009/article-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.