Paragraph 169 The Building Societies (Insolvency and Special Administration) Order 2009I1

United Kingdom

Schedule 1 to the Building Societies (Insolvency and Special Administration) Order 2009^f1 (modified application of Parts 2 and 3 of the Banking Act 2009 to building societies) is amended as follows—

(a)

in paragraph 30(9) (no more assets for distribution), for “FSA” substitute “FCA and, where relevant, the PRA”;

(b)

in paragraph 35—

(i)

in sub-paragraph (2), for “the FSA” substitute “the FCA or the PRA”;

(ii)

in sub-paragraph (3)(b), for “the FSA’s power” in both places it appears substitute “the power of the FCA or PRA”.

Annotations

Commencement

I1: Sch. 2 para. 169 in force at 1.4.2013, see art. 1(1)

Footnotes

f1: S.I. 2009/805, as amended by S.I. 2010/1189.