OpenLegislation

Paragraph 7

England, Wales and Scotland

Determination (F1subject to any applicable rules made by the F2FCA or the PRA under the 2000 Act) of the maximum amount of the interest in the shares of the society which may be held by any member.

Annotations

Textual amendments

F1

Words in Sch. 1 para. 7 substituted (2.7.2002) by S.I. 2002/1501, arts. 1(1), 2(21)(a)

F2

Words in Sch. 1 para. 7 substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 6 para. 19 (with Sch. 12)