# The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 7


(1) Section 41 (valuations) is amended as follows.
(2) In subsection (1)—
(a) in paragraph (b), for “Authority” substitute “FCA and, if the registered society or branch is a PRA-authorised person, the PRA”; and
(b) in the closing words of that subsection, for “Authority” substitute “appropriate authority”.
(3) In subsection (3)—
(a) in the opening words of that subsection, omit “to the Authority”; and
(b) in paragraph (b), for “Authority” substitute “appropriate authority”.
(4) In subsection (5), for “Authority” substitute “appropriate authority”.
(5) In subsection (6)—
(a) in the opening words of that subsection—
(i) for “Authority” substitute “appropriate authority”; and
(ii) for “Authority’s” substitute “its”; and
(b) in paragraph (b), omit “to the Authority”.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111533772/schedule/5/paragraph/7 (the official version)
Page: https://openlegislation.uk/draft-financial-services-act-2012-mutual-societies-order-2013/schedule-5/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

