{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-partly-completed-procedures-order-2001/article-34",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-partly-completed-procedures-order-2001/article-34.json",
  "legislation": "uksi/2001/3592",
  "legislation_title": "The Financial Services and Markets Act 2000 (Transitional Provisions) (Partly Completed Procedures) Order 2001",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-partly-completed-procedures-order-2001",
  "path": "article/34",
  "kind": "article",
  "number": "34",
  "heading": "Notice of intention to give a direction under section 50 of the Building Societies Act",
  "text": "(1) Where—\n(a) a notice was given to a building society before commencement under section 50(3) of the Building Societies Act;\n(b) no direction has been given following that notice under section 50(5) of that Act and the society has not been notified of a decision not to give a direction,\nthe notice has effect after commencement as if it were a notice given by the Authority under section 53(4).\n(2) Paragraphs (3) to (5) of article 29 apply to a notice having effect under paragraph (1) with the following modifications—\n(a) the references in those paragraphs to a notice having effect under article 29(1) or (2) are read as references to a notice having effect under paragraph (1) of this article;\n(b) the references in those paragraphs to relevant recipients are omitted;\n(c) the requirement referred to in article 29(3)(a) is a requirement that the building society act in a manner which would be required by the proposed direction and refrain from acting in a manner which would be prohibited by the proposed direction.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 34 in force at 1.12.2001, see art. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/3592/article/34",
    "retrieved_at": "2026-10-29T07:26:00.108552+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}