# The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 12


In Article 62(1) (appeals), for sub-paragraphs (b) and (c), substitute—
“(b) the society has not made an application under Part 4A of the 2000 Act to accept deposits; or
(c) the FCA or the PRA has not confirmed to the registrar that it is satisfied that, once registered under this Order, the society will satisfy, and continue to satisfy, the threshold conditions (within the meaning of section 55B(1) of the 2000 Act) for which it is responsible in relation to the regulated activity of accepting deposits.”.

---
Source: https://www.legislation.gov.uk/ukdsi/2013/9780111533772/schedule/7/paragraph/12 (the official version)
Page: https://openlegislation.uk/draft-financial-services-act-2012-mutual-societies-order-2013/schedule-7/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.