# The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 52


(1) Section 119 (interpretation) is amended as follows.
(2) In subsection (1)—
(a) omit the definition of “the Authority”;
(b) in the definition of “officially notified”, for “Authority” substitute “FCA”;
(c) in the definition of “the public file”, for “Authority” substitute “FCA”; and
(d) at the appropriate places, insert—
““the appropriate authority” means—
(a) in relation to a building society which is a PRA-authorised person, the PRA; and
(b) in relation to a building society which is not a PRA-authorised person, the FCA;”;
““the FCA” means the Financial Conduct Authority;”;
““the PRA” means the Prudential Regulation Authority;”;
““PRA-authorised person” has the meaning in section 2B of the Financial Services and Markets Act 2000;”.
(3) In subsection (1A)—
(a) for “Authority” substitute “FCA”; and
(b) for “Authority’s” substitute “FCA’s”.
(4) In subsection (4), for “Authority” substitute “appropriate authority”.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111533772/schedule/8/paragraph/52 (the official version)
Page: https://openlegislation.uk/draft-financial-services-act-2012-mutual-societies-order-2013/schedule-8/paragraph-52
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

