Paragraph 15

In Article 61 (Suspension of registration)—

(a)

in paragraph (1)—

(i)

for the words from “registrar” to “person,” substitute “FCA might cancel the registration of a credit union, it may, in writing and, if the society is a PRA-authorised person, after consulting”;

(ii)

in sub-paragraph (b) omit “with the consent of the Department, but”; and

(b)

in paragraph (2) for “registrar may by writing under his hand” substitute “FCA may, in writing,”.