# The Financial Services Act 2012 (Mutual Societies) Order 2013, Paragraph 38

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

(1) Section 89 (power to alter requirements for transfer by friendly society) is amended as follows.
(2) Except as provided in sub-paragraph (5), for “Authority”, in each place, substitute “appropriate authority”.
(3) After subsection (1), insert—
“(1A) The PRA must consult the FCA before giving a direction under this section.”.
(4) After subsection (6), insert—
“(6A) The PRA must send to the FCA a copy of any direction it issues under this section.”.
(5) In subsection (7), for “Authority” substitute “FCA”.
(6) In the heading, for “Authority” substitute “appropriate authority”.

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Source: https://www.legislation.gov.uk/uksi/2013/496/schedule/9/paragraph/38 (the official version)
Page: https://openlegislation.uk/financial-services-act-2012-mutual-societies-order-2013/schedule-9/paragraph-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.