# The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 60


(1) Schedule 17 (transfers of business: supplementary provisions) is amended as follows.
(2) Except as provided in sub-paragraph (4), for “Authority”, in each place, substitute “appropriate authority”.
(3) After paragraph 4(3), insert—
“(4) The PRA must consult the FCA before approving a statement under sub-paragraph (3).”.
(4) In paragraph 5D—
(a) in sub-paragraph (1), for “Authority” substitute “FCA and, if the society is a PRA-authorised person, the PRA”; and
(b) in sub-paragraph (2), for “Authority shall” substitute “FCA must”.

---
Source: https://www.legislation.gov.uk/ukdsi/2013/9780111533772/schedule/8/paragraph/60 (the official version)
Page: https://openlegislation.uk/draft-financial-services-act-2012-mutual-societies-order-2013/schedule-8/paragraph-60
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.