{
  "url": "https://openlegislation.uk/financial-services-act-2012-mutual-societies-order-2013/schedule-1/paragraph-3",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-mutual-societies-order-2013/schedule-1/paragraph-3.json",
  "legislation": "uksi/2013/496",
  "legislation_title": "The Financial Services Act 2012 (Mutual Societies) Order 2013",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012-mutual-societies-order-2013",
  "path": "schedule/1/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "(1) For the purposes of the provisions specified in sub-paragraph (2), functions transferred by this Order are to be treated as functions conferred on the PRA under a provision of FSMA 2000.\n(2) The provisions are—\n(a) section 2A(3) and Schedule 1ZB (which make general provision in relation to the PRA and its functions);\n(b) sections 2B to 2I (the PRA’s general duties);\n(c) section 2O (reviews);\n(d) sections 3D (duty of FCA and PRA to ensure co-ordinated exercise of functions);\n(e) section 3E (memorandum of understanding); and\n(f) sections 3I to 3K (power of PRA to restrain proposed action by FCA).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 3 in force at 1.4.2013, see art. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Sections 2A to 2I and section 2O of, and Schedule 1ZB to, FSMA 2000 are inserted by section 6 of and Schedule 3 to the 2012 Act."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/496/schedule/1/paragraph/3",
    "retrieved_at": "2026-10-29T01:02:10.395368+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}