# The Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014, Article 6: Application of section 356 of FSMA


(1) Section 356 of FSMA (powers of FCA and PRA to participate in proceedings: company voluntary arrangements) 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
(b) in subsection (3) the reference to an application to the court in relation to the company is a reference to an application to the court under section 6 or 7 of the 1986 Act in relation to a relevant society of the kind described in paragraph (1).

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Source: https://www.legislation.gov.uk/uksi/2014/229/article/6 (the official version)
Page: https://openlegislation.uk/co-operative-and-community-benefit-societies-and-credit-unions-arrangements-reconstructions-and-administration-order-2014/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.