SCHEDULE 9Amendments of the Friendly Societies Act 1992

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1

Section 26204 (cancellation of registration) is amended as follows.

2

For “Authority”, in each place, substitute “FCA”.

3

After subsection (4) insert—

4A

The FCA must consult the PRA before cancelling under subsection (1), (2) or (3) the registration of a society which is a PRA-authorised person.