11.—(1) Section 36A(1) (power to make prohibition orders) is amended as follows.U.K.
(2) For “Authority”, in each place, substitute “appropriate authority”.
(3) After subsection (5D), insert—
“(5E) The PRA must consult the FCA about the terms of the prohibition order in question before giving a warning notice or a decision notice under this section.”.
(4) In subsection (6), omit “, and shall keep a copy of the order in the public file of the society”.
(5) After subsection (9), insert—
“(9A) The PRA must give the FCA a copy of any order issued under this section.
(9B) The FCA must keep a copy of any order issued under this section in the public file of the society.”.
Commencement Information
I1Sch. 8 para. 11 in force at 1.4.2013, see art. 1(1)
Section 36A was inserted by the Building Societies Act 1997, section 14 and amended by S.I. 2001/2617.