Paragraph 12

(1)

Section 18^f1 (power to appoint inspector and call meeting) is amended as follows.

(2)

In subsections (1) and (2), for “Authority” substitute “FCA or the PRA”.

(3)

After subsection (3), insert—

“(4)
The FCA and the PRA must each notify the other before appointing an inspector or calling a meeting under subsection (1) in relation to a society which is a PRA-authorised person.”.

Annotations

Footnotes

f1: Section 18 was amended by S.I. 2001/2617 and S.I. 2002/1501.