OpenLegislation

Paragraph 14

Original text. Later amendments are not shown.

(1)

Article 65 (amalgamation of credit unions) is amended as follows.

(2)

In paragraph (7), for “Authority” substitute “appropriate authority”.

(3)

After paragraph (7), insert—

“(8)

If the appropriate authority is the PRA, it must consult the FCA before giving its confirmation under paragraph (7).”.