21(1)Section 130 of the Act (consequences of winding-up order) shall have effect with the following modifications.U.K.
(2)Subsections (1) and (3) shall be omitted.
(3)A building society shall, within 15 days of a winding-up order being made in respect of it, give notice of the order [F1to the FCA and, if the society is a PRA-authorised person, the PRA] ; and the [F2FCA must] keep the notice in the public file of the society.
(4)If a building society fails to comply with sub-paragraph (3) above, it shall be liable on summary conviction to a fine not exceeding level 3 on the standard scale; and so shall any officer who is also guilty of the offence.
Textual Amendments
F1Word in Sch. 15 para. 21(3) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 57(4)(a) (with Sch. 12)
F2Word in Sch. 15 para. 21(3) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 57(4)(b) (with Sch. 12)