{
  "url": "https://openlegislation.uk/financial-services-act-2012-mutual-societies-order-2013/schedule-6/paragraph-15",
  "json_url": "https://openlegislation.uk/financial-services-act-2012-mutual-societies-order-2013/schedule-6/paragraph-15.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/6/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": null,
  "text": "(1) Section 23 (conversion of company into credit union) is amended as follows.\n(2) In subsection (3)—\n(a) in the opening words, for “Authority” substitute “FCA”; and\n(b) in paragraph (b), omit “made by the Authority under the 2000 Act”.\n(3) After subsection (3), insert—\n“(4) In subsection (3), “applicable rules” are—\n(a) if the credit union is a PRA-authorised person, rules made by the PRA or the FCA under the 2000 Act; and\n(b) if the credit union is not a PRA-authorised person, rules made by the FCA under the 2000 Act.”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 6 para. 15 in force at 1.4.2013, see art. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 23 was amended by S.I. 2001/2617 and S.I. 2002/1501."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/496/schedule/6/paragraph/15",
    "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."
}