Paragraph 49
Section 119f1 (general interpretation) is amended as follows.
In subsection (1)—
omit the definition of “the Authority”;
in the definition of “the public file”, for “Authority” substitute “FCA”; and
at the appropriate places, insert—
““the appropriate authority” means—
- (a)
in relation to a society which is a PRA-authorised person, the PRA; and
- (b)
in relation to a 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;”.
In subsection (1AA)—
for “Authority” substitute “FCA”; and
for “Authority’s” substitute “FCA’s”.
Annotations
Footnotes
- f1
-
Section 119 was amended by S.I. 2001/2617 and S.I. 2001/3649. There are other amending instruments, but none is relevant.