# The Financial Services and Markets Act 2000 (Controllers) (Exemption) Order 2009, Article 6: Specific exemptions in respect of friendly societies


(1) This article provides exemptions from the obligations in sections 178 and 191D of the Act in relation to a person (“A”) who decides to acquire, increase, reduce or cease to have control over a relevant friendly society (“B”).
(2) Where A decides to acquire or increase control over B, A is exempt from the obligation imposed by section 178.
(3) Where A decides to reduce or cease to have control over B, A is exempt from the obligation imposed by section 191D.

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Source: https://www.legislation.gov.uk/uksi/2009/774/article/6 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-controllers-exemption-order-2009/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.