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The Financial Services Act 2012 (Mutual Societies) Order 2013

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This is the original version (as it was originally made).

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2.—(1) In the provisions listed in paragraph (2)—

(a)for “Authority” substitute “FCA”; and

(b)for “Authority’s” substitute “FCA’s”.

(2) The provisions are—

(a)section 1(1)(a)(1) (societies which may be registered) as in force immediately before this Order comes into effect;

(b)section 1(2) and (3)(2) as substituted by section 1 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010(3);

(c)section 2(4) (registration of society);

(d)section 5(5) (name of society);

(e)section 7A(7)(6) (capacity of society not limited by its rules);

(f)section 10(7) (amendment of registered rules);

(g)section 16(8) (cancellation of registration of society);

(h)section 17(9) (suspension of registration of society);

(i)section 18(10) (appeal from refusal, cancellation or suspension of registration of society or rules);

(j)section 39(1)(11) (annual returns);

(k)section 39A(12) (year of account (existing registrations));

(l)section 39B(7)(13) (year of account (new registrations));

(m)section 43(14) (duties of receiver or manager of society’s property);

(n)section 44(4)(15) (register of members and officers);

(o)section 47(16) (inspection of books);

(p)section 48(17) (production of documents and provision of information for certain purposes);

(q)section 49(18) (appointment of inspectors and calling of special meetings);

(r)section 50(4)(19) (amalgamation of societies);

(s)section 52(20) (conversion into, amalgamation with, or transfer of engagements to company);

(t)section 53(21) (conversion of company into registered society);

(u)section 59(22) (restriction on dissolution or cancellation of registration of society);

(v)section 72(23) (form, deposit and evidence of documents);

(w)section 74(2)(24) (interpretation); and

(x)section 76(25) (Northern Ireland societies).

(1)

Section 1(1)(a) was amended S.I. 2001/2617.

(2)

Section 1 is to be substituted by section 1 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010, which has not yet been brought into force.

(4)

Section 2 was amended by S.I. 2001/2617 and S.I. 2001/3649. There are other amending instruments, but none is relevant.

(5)

Section 5 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

(6)

Section 7A was inserted by section 3 of the Co-operatives and Community Benefit Societies Act 2003 (c.15).

(7)

Section 10 was amended by S.I. 2001/2617 and S.I. 2001/3649. There are other amending instruments, but none is relevant.

(8)

Section 16 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

(9)

Section 17 was amended by S.I. 2001/2617.

(10)

Section 18 was amended by S.I. 2001/2617.

(11)

Section 39(1) was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

(12)

Section 39A was inserted by S.I. 2011/2687.

(13)

Section 39B was inserted by S.I. 2011/2687.

(14)

Section 43 was amended by S.I. 2001/2617.

(15)

Section 44(4) was amended by S.I. 2001/2617.

(16)

Section 47 was amended by S.I. 2001/2617.

(17)

Section 48 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

(18)

Section 49 was amended by S.I. 2001/2617.

(19)

Section 50(4) was amended by S.I. 2001/2617.

(20)

Section 52 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

(21)

Section 53 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

(22)

Section 59 was amended by S.I. 2001/2617.

(23)

Section 72 was amended by S.I. 2001/2617 and S.I. 2001/3649. There are other amending instruments, but none is relevant.

(24)

Section 74(2) was inserted by S.I. 2001/2617.

(25)

Section 76 was amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

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