# The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 13: Consequential amendments to secondary legislation


(1) The Industrial Assurance (Life Assurance Premium Relief) (Change of Rate) Regulations 1980 are amended as follows.
(2) In regulation 2, at the appropriate place, insert—
““relevant authority” means—
(a) if the industrial assurance company or collecting society is a PRA-authorised person within the meaning of section 2B of the Financial Services and Markets Act 2000, the Prudential Regulation Authority, and
(b) in any other case, the Financial Conduct Authority;”.
(3) In regulations 3(3), 5 and 8, for “Friendly Societies Commission” substitute “relevant authority”.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111533772/schedule/11/paragraph/13 (the official version)
Page: https://openlegislation.uk/draft-financial-services-act-2012-mutual-societies-order-2013/schedule-11/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.