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The Financial Services Act 2012 (Mutual Societies) Order 2013

Draft. This instrument was laid in draft and may differ from the one made. Look for the made version under its title.

Draft 2013, ISBN 9780111533772

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Draft Order laid before Parliament under section 116(2)(b) of the Financial Services Act 2012, for approval by resolution of each House of Parliament.

Financial Services And Markets

Made xx xxxx 2013

Coming into force 1st April 2013

The Treasury make the following Order in exercise of the powers conferred by sections 50, 51, 52, 115 and 118 of the Financial Services Act 2012 (“the 2012 Act”)f1:

In accordance with section 116(1) of the 2012 Act, a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament:

Annotations to the whole text

Footnotes

f1

2012 c.21.

Contents

  1. 1Citation and commencement
  2. 2Transfer of functions to the Financial Conduct Authority and the Prudential Regulation Authority
  3. Signature
  4. Schedule 1: Application of the Financial Services and Markets Act 2000 to transferred functions
  5. Interpretation
  6. 1Paragraph 1
  7. General
  8. 2Paragraph 2
  9. 3Paragraph 3
  10. 4Paragraph 4
  11. 5Paragraph 5
  12. Rules relating to fees
  13. 6Paragraph 6
  14. 7Paragraph 7
  15. Guidance
  16. 8Paragraph 8
  17. 9Paragraph 9
  18. 10Paragraph 10
  19. Schedule 2: Amendments of the Industrial and Provident Societies Act 1965
  20. 1Paragraph 1
  21. 2Paragraph 2
  22. 3Paragraph 3
  23. 4Paragraph 4
  24. 5Paragraph 5
  25. 6Paragraph 6
  26. 7Paragraph 7
  27. 8Paragraph 8
  28. 9Paragraph 9
  29. 10Paragraph 10
  30. 11Paragraph 11
  31. 12Paragraph 12
  32. 13Paragraph 13
  33. 14Paragraph 14
  34. 15Paragraph 15
  35. 16Paragraph 16
  36. 17Paragraph 17
  37. 18Paragraph 18
  38. 19Paragraph 19
  39. Schedule 3: Amendments of the Industrial and Provident Societies Act 1967
  40. 1Paragraph 1
  41. 2Paragraph 2
  42. 3Paragraph 3
  43. 4Paragraph 4
  44. 5Paragraph 5
  45. Schedule 4: Amendments of the Friendly and Industrial and Provident Societies Act 1968
  46. 1Paragraph 1
  47. 2Paragraph 2
  48. 3Paragraph 3
  49. 4Paragraph 4
  50. 5Paragraph 5
  51. 6Paragraph 6
  52. 7Paragraph 7
  53. 8Paragraph 8
  54. Schedule 5: Amendments of the Friendly Societies Act 1974
  55. 1Paragraph 1
  56. 2Paragraph 2
  57. 3Paragraph 3
  58. 4Paragraph 4
  59. 5Paragraph 5
  60. 6Paragraph 6
  61. 7Paragraph 7
  62. 8Paragraph 8
  63. 9Paragraph 9
  64. 10Paragraph 10
  65. 11Paragraph 11
  66. 12Paragraph 12
  67. 13Paragraph 13
  68. 14Paragraph 14
  69. 15Paragraph 15
  70. 16Paragraph 16
  71. 17Paragraph 17
  72. 18Paragraph 18
  73. 19Paragraph 19
  74. 20Paragraph 20
  75. 21Paragraph 21
  76. 22Paragraph 22
  77. 23Paragraph 23
  78. 24Paragraph 24
  79. 25Paragraph 25
  80. Schedule 6: Amendments of the Credit Unions Act 1979
  81. 1Paragraph 1
  82. 2Paragraph 2
  83. 3Paragraph 3
  84. 4Paragraph 4
  85. 5Paragraph 5
  86. 6Paragraph 6
  87. 7Paragraph 7
  88. 8Paragraph 8
  89. 9Paragraph 9
  90. 10Paragraph 10
  91. 11Paragraph 11
  92. 12Paragraph 12
  93. 13Paragraph 13
  94. 14Paragraph 14
  95. 15Paragraph 15
  96. 16Paragraph 16
  97. 17Paragraph 17
  98. 18Paragraph 18
  99. 19Paragraph 19
  100. Schedule 7: Amendments of the Credit Unions (Northern Ireland) Order 1985
  101. 1Paragraph 1
  102. 2Paragraph 2
  103. 3Paragraph 3
  104. 4Paragraph 4
  105. 5Paragraph 5
  106. 6Paragraph 6
  107. 7Paragraph 7
  108. 8Paragraph 8
  109. 9Paragraph 9
  110. 10Paragraph 10
  111. 11Paragraph 11
  112. 12Paragraph 12
  113. 13Paragraph 13
  114. 14Paragraph 14
  115. 15Paragraph 15
  116. 16Paragraph 16
  117. Schedule 8: Amendments of the Building Societies Act 1986
  118. 1Paragraph 1
  119. 2Paragraph 2
  120. 3Paragraph 3
  121. 4Paragraph 4
  122. 5Paragraph 5
  123. 6Paragraph 6
  124. 7Paragraph 7
  125. 8Paragraph 8
  126. 9Paragraph 9
  127. 10Paragraph 10
  128. 11Paragraph 11
  129. 12Paragraph 12
  130. 13Paragraph 13
  131. 14Paragraph 14
  132. 15Paragraph 15
  133. 16Paragraph 16
  134. 17Paragraph 17
  135. 18Paragraph 18
  136. 19Paragraph 19
  137. 20Paragraph 20
  138. 21Paragraph 21
  139. 22Paragraph 22
  140. 23Paragraph 23
  141. 24Paragraph 24
  142. 25Paragraph 25
  143. 26Paragraph 26
  144. 27Paragraph 27
  145. 28Paragraph 28
  146. 29Paragraph 29
  147. 30Paragraph 30
  148. 31Paragraph 31
  149. 32Paragraph 32
  150. 33Paragraph 33
  151. 34Paragraph 34
  152. 35Paragraph 35
  153. 36Paragraph 36
  154. 37Paragraph 37
  155. 38Paragraph 38
  156. 39Paragraph 39
  157. 40Paragraph 40
  158. 41Paragraph 41
  159. 42Paragraph 42
  160. 43Paragraph 43
  161. 44Paragraph 44
  162. 45Paragraph 45
  163. 46Paragraph 46
  164. 47Paragraph 47
  165. 48Paragraph 48
  166. 49Paragraph 49
  167. 50Paragraph 50
  168. 51Paragraph 51
  169. 52Paragraph 52
  170. 53Paragraph 53
  171. 54Paragraph 54
  172. 55Paragraph 55
  173. 56Paragraph 56
  174. 57Paragraph 57
  175. 58Paragraph 58
  176. 59Paragraph 59
  177. 60Paragraph 60
  178. Schedule 9: Amendments of the Friendly Societies Act 1992
  179. 1Paragraph 1
  180. 2Paragraph 2
  181. 3Paragraph 3
  182. 4Paragraph 4
  183. 5Paragraph 5
  184. 6Paragraph 6
  185. 7Paragraph 7
  186. 8Paragraph 8
  187. 9Paragraph 9
  188. 10Paragraph 10
  189. 11Paragraph 11
  190. 12Paragraph 12
  191. 13Paragraph 13
  192. 14Paragraph 14
  193. 15Paragraph 15
  194. 16Paragraph 16
  195. 17Paragraph 17
  196. 18Paragraph 18
  197. 19Paragraph 19
  198. 20Paragraph 20
  199. 21Paragraph 21
  200. 22Paragraph 22
  201. 23Paragraph 23
  202. 24Paragraph 24
  203. 25Paragraph 25
  204. 26Paragraph 26
  205. 27Paragraph 27
  206. 28Paragraph 28
  207. 29Paragraph 29
  208. 30Paragraph 30
  209. 31Paragraph 31
  210. 32Paragraph 32
  211. 33Paragraph 33
  212. 34Paragraph 34
  213. 35Paragraph 35
  214. 36Paragraph 36
  215. 37Paragraph 37
  216. 38Paragraph 38
  217. 39Paragraph 39
  218. 40Paragraph 40
  219. 41Paragraph 41
  220. 42Paragraph 42
  221. 43Paragraph 43
  222. 44Paragraph 44
  223. 45Paragraph 45
  224. 46Paragraph 46
  225. 47Paragraph 47
  226. 48Paragraph 48
  227. 49Paragraph 49
  228. 50Paragraph 50
  229. 51Paragraph 51
  230. 52Paragraph 52
  231. 53Paragraph 53
  232. 54Paragraph 54
  233. 55Paragraph 55
  234. 56Paragraph 56
  235. Schedule 10: Amendments of secondary legislation
  236. 1Amendments of legislation made under the Building Societies Act 1986
  237. 2Amendments of legislation made under the Building Societies Act 1986
  238. 3Amendments of legislation made under the Building Societies Act 1986
  239. 4Amendments of legislation made under the Building Societies Act 1986
  240. 5Amendments of legislation made under the Building Societies Act 1986
  241. 6Amendments of legislation made under the Friendly Societies Act 1992
  242. 7Amendments of legislation made under the Building Societies (Funding) and Mutual Societies (Transfers) Act 2007
  243. Schedule 11: Amendments consequential on Schedules 2 to 10
  244. 1Consequential amendments to primary legislation
  245. 2Consequential amendments to primary legislation
  246. 3Consequential amendments to primary legislation
  247. 4Consequential amendments to primary legislation
  248. 5Consequential amendments to primary legislation
  249. 6Consequential amendments to primary legislation
  250. 7Consequential amendments to primary legislation
  251. 8Consequential amendments to primary legislation
  252. 9Consequential amendments to primary legislation
  253. 10Consequential amendments to primary legislation
  254. 11Consequential amendments to primary legislation
  255. 12Consequential amendments to secondary legislation
  256. 13Consequential amendments to secondary legislation
  257. 14Consequential amendments to secondary legislation
  258. 15Consequential amendments to secondary legislation
  259. 16Consequential amendments to secondary legislation
  260. 17Consequential amendments to secondary legislation
  261. 18Consequential amendments to secondary legislation
  262. 19Consequential amendments to secondary legislation
  263. Schedule 12: Transitional provisions
  264. 1Paragraph 1
  265. 2Paragraph 2
  266. 3Paragraph 3
  267. Explanatory note