The Industrial and Provident Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014 No. 229

Application of section 361 of FSMA

8.  Section 361 of FSMA (administrator’s duty to report to FCA and PRA)(1) applies in relation to a relevant society, and for that purpose a reference to a company includes a reference to a relevant society.

(1)

Section 361 was substituted by the Enterprise Act 2002, Schedule 17, paragraphs 53 and 56; and was amended by the Financial Services Act 2012, Schedule 14, paragraphs 1 and 7. There are other amendments not relevant to this Order.