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16. In section 115 of the 2009 Act (dissolution)—
(a)in subsection (2), ignore paragraph (b)(v);
(b)in subsection (4), for “registrar of companies” substitute “FSA”;
(c)in subsection (7), for “the registrar of companies shall register it” substitute “the FSA shall place it on the public file of the society concerned”;
(d)In subsection (8), for “the day of the registration of the notice” substitute “the day on which the notice is placed on the public file of the society”.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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