# The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) (No. 3) Order 2013, Article 4: The Financial Services and Markets Act 2000 (Mutual Societies) Order 2001


(1) Subject to paragraph (2), the Financial Services and Markets Act 2000 (Mutual Societies) Order 2001 is revoked.
(2) In that Order—
(a) articles 3 (interpretation) and 4 (transfers of functions) continue to have effect to the extent necessary for the purposes of article 7 (consequential modifications of non-statutory provisions) of that Order;
(b) article 7 and paragraphs 5, 7, 11, 12, 21, 22 and 25(a) of Schedule 5 (transitional provisions and savings) continue to have effect;
(c) in article 7(5)—
(i) for “4(1)” substitute “5D”;
(ii) for “adequate resources” substitute “business to be conducted in a prudent manner”.

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Source: https://www.legislation.gov.uk/uksi/2013/1765/article/4 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-no-3-order-2013/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.