Paragraph 35 I1
United Kingdom
(1)
Section 86f1 (transfer of engagements by or to friendly society) is amended as follows.
(2)
In subsection (2)(e) and (3)(b), for “Authority” substitute “appropriate authority”.
(3)
After subsection (3), insert—
“(3A)The PRA must consult the FCA before giving its consent under subsection (3)(b).”.
(4)
In subsection (4)—
(a)
for “Authority” substitute “appropriate authority”; and
(b)
for “it” substitute “the FCA”.
(5)
In subsections (6) and (7), for “Authority” substitute “FCA”.
(6)
In subsection (12), for “Part IV” substitute “Part 4A”.
Annotations
Commencement
- I1
Sch. 9 para. 35 in force at 1.4.2013, see art. 1(1)
Footnotes
- f1
-
Section 86 was amended by S.I. 2001/2617, S.I. 2001/3649, S.I. 2009/1941 and S.I. 2010/22.