Paragraph 7 Amendments of legislation made under the Building Societies (Funding) and Mutual Societies (Transfers) Act 2007

The Mutual Societies (Transfers) Order 2009^f1 is amended as follows.

In article 7(5), for “Financial Services Authority in accordance with section 81(2) of the 1986 Act (laying and furnishing accounts, etc., to members and the Authority)” substitute “FCA, and, if the society is a PRA-authorised person, to the PRA in accordance with section 81(2) of the 1986 Act (laying and furnishing accounts, etc., to members and the FCA and the PRA).”

In article 18, for “Financial Services Authority” substitute “appropriate authority”.