165Industrial and provident society: dissolution
This section has no associated Explanatory Notes
(1)This section applies to a non-profit registered provider which is—
(a)an industrial and provident society, and
(b)to be dissolved by instrument of dissolution in accordance with section 58 of the Industrial and Provident Societies Act 1965.
(2)The Financial Services Authority may register the instrument under section 58(5), or cause notice of the dissolution to be advertised under section 58(6), only if—
(a)the regulator has consented to the dissolution, and
(b)a copy of the consent accompanies the instrument as sent to the Authority.