SCHEDULE 8Amendments of the Building Societies Act 1986

I155

1

Schedule 11187 (auditors) is amended as follows.

2

In paragraph 3(1)—

a

for “Authority”, in each place, substitute “appropriate authority”; and

b

for “give it notice” substitute “give notice to the FCA and, if the society is a PRA-authorised person, to the PRA”.

3

In paragraph 4(6)(b), (8) and (9), for “Authority”, in each place, substitute “appropriate authority”.

4

In paragraph 6(2), for “Authority” substitute “FCA and, if the society is a PRA-authorised person, the PRA”.

5

For paragraph 6A(2)(b), substitute—

b

the FCA; and

c

if the society is a PRA-authorised person, the PRA.

6

In paragraph 7, for “Authority”—

a

in sub-paragraph (3)(a), substitute “FCA and, if the society is a PRA-authorised person, the PRA”; and

b

in sub-paragraphs (4), (6) and (7), in each place, substitute “appropriate authority”.

7

In paragraph 8(6)(b), for “Authority”, in each place, substitute “PRA”.