# The Financial Services and Markets Act 2000 (Transitional Provisions) (Partly Completed Procedures) Order 2001, Article 37: Prohibition orders under section 36A of the Building Societies Act

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

(1) Where, before commencement—
(a) a notice has been served under section 36A(1) of the original Building Societies Act of intention to make a prohibition order directed to a society;
(b) no prohibition order has been made under section 36A(6) of that Act and the society has not been notified of a decision not to issue such an order,
the notice has effect after commencement as if it were a warning notice given under section 36A(5) of the amended Building Societies Act.
(2) A notice having effect under paragraph (1) has effect—
(a) as if it stated that section 394 of the Act does not apply;
(b) as if it informed the society that it may make representations to the Authority within a period of 28 days or within the period (if longer) specified for the purpose of section 36A(5)(c) of the original Building Societies Act.

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Source: https://www.legislation.gov.uk/uksi/2001/3592/article/37 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-partly-completed-procedures-order-2001/article-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

