# The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013, Paragraph 170: The Building Society Special Administration (Scotland) Rules 2009

Extent: E+W+S+N.I.

In the Building Society Special Administration (Scotland) Rules 2009—
(a) in rule 4(1) (interpretation)—
(i) after sub-paragraph (b), insert—
“(ba) “the appropriate regulator” in relation to a building society means—
(i) if the building society is a PRA-authorised person (within the meaning of the Financial Services and Markets Act 2000), the Prudential Regulation Authority and the Financial Conduct Authority;
(ii) in any other case, the Financial Conduct Authority;”;
(ii) in the definition of “principal office” in sub-paragraph (i), for “FSA” substitute “the Financial Conduct Authority”;
(iii) in the definition of “registered name” in sub-paragraph (j), for “FSA” substitute “Financial Conduct Authority”;
(iv) omit sub-paragraph (l)(ii);
(b) in rule 13 (notification), for “Authority” substitute “Financial Conduct Authority and the Prudential Regulation Authority”;
(c) in rule 15 (notice of order) for “four” substitute “four or, if the building society is a PRA-authorised person (within the meaning of the Financial Services and Markets Act 2000), five”;
(d) in rule 16 (notice of order), for paragraph (b), substitute—
“(b) one certified copy to the Financial Conduct Authority;
(ba) if the building society is a PRA-authorised person (within the meaning of the Financial Services and Markets Act 2000), one certified copy to the Prudential Regulation Authority; and”;
(e) in rule 40 (general modifications), in paragraph (l) for “FSA” substitute “Financial Conduct Authority”;
(f) for “FSA”, in each other place it appears, substitute “appropriate regulator”.

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Source: https://www.legislation.gov.uk/uksi/2013/472/schedule/2/paragraph/170 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012-consequential-amendments-and-transitional-provisions-order-2013/schedule-2/paragraph-170
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.