# The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 10


(1) Section 36 (power to direct restructuring of business etc.) is amended as follows.
(2) For “Authority”, in each place, substitute “appropriate authority”.
(3) In subsection (5)(b), before “of the result” insert “and, if the appropriate authority is the PRA, the FCA”.
(4) In subsection (6), before “of the option” insert “and, if the appropriate authority is the PRA, the FCA”.
(5) After subsection (16), insert—
“(17) The PRA must consult the FCA before issuing a direction under this section.”.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111533772/schedule/8/paragraph/10 (the official version)
Page: https://openlegislation.uk/draft-financial-services-act-2012-mutual-societies-order-2013/schedule-8/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.