SCHEDULE 7Amendments of the Credit Unions (Northern Ireland) Order 1985

5.  For Article 4(2A) (supplementary provisions as to registration), substitute—

(2A) The registrar must not issue an acknowledgement of registration under paragraph (2) unless the appropriate regulator (within the meaning of section 55A of the 2000 Act) has confirmed to the registrar that it proposes to give the society permission under Part 4A of that Act to accept deposits..