{
  "url": "https://openlegislation.uk/friendly-societies-act-1992/schedule-15/paragraph-5",
  "json_url": "https://openlegislation.uk/friendly-societies-act-1992/schedule-15/paragraph-5.json",
  "legislation": "ukpga/1992/40",
  "legislation_title": "Friendly Societies Act 1992",
  "legislation_url": "https://openlegislation.uk/friendly-societies-act-1992",
  "path": "schedule/15/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "(1) An application by a friendly society for confirmation by the appropriate authority—\n(a) of an amalgamation under section 85 above,\n(b) of a transfer of engagements of a friendly society under section 86 above, or\n(c) of the conversion of a friendly society into a company under section 91 above,\nshall be made in such manner as the appropriate authority may direct.\n(2) An application for confirmation of an amalgamation shall be made jointly by the friendly societies concerned.\n(3) The appropriate authority may, on the application or with the consent of a friendly society, direct in relation to any provision of regulations made for the purposes of sub-paragraph (1) above that the provisions shall not apply to the society, or shall apply to it with such modifications as may be specified in the direction.\n(4) A direction under sub-paragraph (3) above may be subject to conditions.\n(5) A direction under sub-paragraph (3) above may be revoked by the appropriate authority at any time; and the appropriate authority may at any time vary any such direction on the application or with the consent of the society to which it applies.\n(5A) The PRA must send the FCA a copy of any direction, variation or revocation it makes under this paragraph.\n(6) Where the appropriate authority—\n(a) makes a direction under subsection (3) above, or\n(b) revokes or varies such a direction,\nthe FCA must cause the direction, variation or revocation to be entered on a register kept by it for the purposes of this subsection.\n(7) The register kept for the purposes of subsection (6) above shall be available for inspection on reasonable notice by members of the public.\n(8) The FCA shall keep a copy of—\n(a) any direction made ... under subsection (3) above, and\n(b) any revocation or variation of any such direction,\n. . . in the public file of the society to which it relates.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 15 para. 5(1) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 56(6)(a) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 15 para. 5(1) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 128(e)(ii) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Sch. 15 para. 5(3)-(8) inserted (1.8.1996) by S.I. 1996/1188, art. 8"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 15 para. 5(3) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 56(6)(a) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in Sch. 15 para. 5(5) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 56(6)(a) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Sch. 15 para. 5(5A) inserted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 56(6)(b) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in Sch. 15 para. 5(6) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 56(6)(c)(i) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in Sch. 15 para. 5(6) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 56(6)(c)(ii) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Words in Sch. 15 para. 5(8) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 128(g)(i) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "Word in Sch. 15 para. 5(8) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 56(6)(d)(i) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "Words in Sch. 15 para. 5(8) omitted (1.4.2013) by virtue of The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 56(6)(d)(ii) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "Words in Sch. 15 para. 5(8) repealed (1.12.2001) by S.I. 2001/2617, arts. 2, 13(2), Sch. 4 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/40/schedule/15/paragraph/5",
    "retrieved_at": "2026-10-29T09:35:45.024631+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."
}