Paragraph 2

(1)

In the provisions listed in paragraph (2), for “Authority” substitute “FCA”.

(2)

The provisions are—

(a)

section 3A(11)^f1 (publication of accounts and balance sheets of societies);

(b)

section 4^f2 (obligation to appoint auditors);

(c)

section 4A^f3 (power of societies to disapply section 4);

(d)

section 9C^f4 (power to require accounts for past years to be audited);

(e)

section 11(3)^f5 (amendments relating to annual returns of societies);

(f)

section 12(3)^f6 (consequential amendment of rules by societies);

(g)

section 13(4), (6) and (7)^f7 (group accounts of industrial and provident societies); and

(h)

section 14^f8 (exemption from requirements in respect of group accounts).

Annotations

f1: Section 3A was inserted by S.I. 1999/1738; subsection (11) was amended by S.I. 2001/2617.
f2: Section 4 was amended by Schedule 11 to the Friendly Societies Act 1974 (c.46), and S.I. 2001/2617. There are other amending instruments, but none is relevant.
f3: Section 4A was inserted by S.I. 1996/1738 and amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.
f4: Section 9C was inserted by S.I. 1996/1738 and amended S.I. 2001/2617.
f5: Section 11 was amended by Schedule 11 to the Friendly Societies Act 1974, S.I. 1996/1738 and S.I. 2001/2617.
f6: Section 12 was amended by Schedule 11 to the Friendly Societies Act 1974 and by S.I. 2001/2617.
f7: Section 13 was amended by S.I. 2001/2617 and S.I. 2011/593.
f8: Section 14 was amended by S.I. 1996/1738 and S.I. 2001/2617.