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Paragraph 41 I1

United Kingdom

(1)

Section 97f1 (transfer of business to commercial company) is amended as follows.

(2)

In subsection (4)(d), for “Authority” substitute “appropriate authority”.

(3)

In subsection (6), for “Authority” substitute “appropriate authority”.

(4)

In subsection (8)—

(a)

for “send to the Authority” substitute “send to each of the FCA and, if the society is a PRA-authorised person, the PRA”; and

(b)

for “Authority shall” substitute “FCA must”.

(5)

In subsection (12), for “Authority” substitute “appropriate authority”.

Annotations

Commencement

I1

Sch. 8 para. 41 in force at 1.4.2013, see art. 1(1)

Footnotes

f1

Section 97 was amended by S.I. 2001/2617 and S.I. 2009/1941. There are other amending instruments, but none is relevant.