{
  "url": "https://openlegislation.uk/co-operative-and-community-benefit-societies-and-credit-unions-arrangements-reconstructions-and-administration-order-2014/article-5",
  "json_url": "https://openlegislation.uk/co-operative-and-community-benefit-societies-and-credit-unions-arrangements-reconstructions-and-administration-order-2014/article-5.json",
  "legislation": "uksi/2014/229",
  "legislation_title": "The Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014",
  "legislation_url": "https://openlegislation.uk/co-operative-and-community-benefit-societies-and-credit-unions-arrangements-reconstructions-and-administration-order-2014",
  "path": "article/5",
  "kind": "article",
  "number": "5",
  "heading": "Application of section 215 of FSMA",
  "text": "(1) Section 215 of FSMA (rights of the compensation scheme in insolvency) applies in relation to a relevant society—\n(a) which is a relevant person; and\n(b) in relation to which an administration application is made, an administrator is appointed or a copy of notice of intention to appoint an administrator is filed with the court under Schedule B1 to the 1986 Act.\n(2) For that purpose in subsection (3) the reference to a company includes a reference to a relevant society.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "Section 215 was amended by the Banking Act 2009 (c. 1), section 175; by the Enterprise Act 2002, Schedule 17, paragraph 54(2), and by the Finance Act 2012, Schedule 10, paragraph 5. There are other amendments not relevant to this Order."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/229/article/5",
    "retrieved_at": "2026-10-29T00:27:46.913611+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}