# The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 9


(1) Article 53 (duties of receiver or manager of credit union’s property) is amended as follows.
(2) Number the existing provision as paragraph (1).
(3) In that paragraph (1), for “the Authority”, in each place, substitute “the appropriate person”.
(4) In that paragraph (1), in sub-paragraph (b), omit the parenthesis after “1 month”.
(5) After that paragraph (1), insert—
“(2) In this article, “the appropriate person” means—
(a) the registrar;
(b) the FCA; and
(c) if the society is a PRA-authorised person, the PRA.
(3) The registrar, the FCA and, if the society is a PRA-authorised person, the PRA may each allow a period of longer than 1 month for the delivery of returns to it under paragraph (1)(b).”.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111533772/schedule/7/paragraph/9 (the official version)
Page: https://openlegislation.uk/draft-financial-services-act-2012-mutual-societies-order-2013/schedule-7/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.