Paragraph 19

(1)

Section 95A^f1 (dissolution of registered friendly societies and branches by award) is amended as follows.

(2)

In subsections (1), (2) and (4), for “Authority”, in each place, substitute “appropriate authority”.

(3)

After subsection (1), insert—

“(1A)
The PRA must consult the FCA before making an award or a direction under subsection (1).”.

Annotations

f1: Section 95A was inserted by paragraph 39 of Schedule 16 to the Friendly Societies Act 1992 and amended by S.I. 2001/2617.