# The Financial Services and Markets Act 2000 (Transitional Provisions) (Authorised Persons etc. ) Order 2001, Article 49: Direction under section 53 of the Friendly Societies Act

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

(1) This article applies where—
(a) immediately before commencement a friendly society was subject to a direction given under section 53 of the Friendly Societies Act; and
(b) that friendly society has, at commencement, a Part IV permission.
(2) The direction has effect after commencement as if it were a requirement imposed by the Authority under section 43.

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Source: https://www.legislation.gov.uk/uksi/2001/2636/article/49 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-authorised-persons-etc-order-2001/article-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.