The Financial Services Act 2012 (Mutual Societies) Order 2013

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9.—(1) This paragraph applies if guidance is given by the FCA under section 139A on the operation of a rule of the kind mentioned in paragraph 6 above.U.K.

(2) To the extent that the fees required to be paid by the rule relate to mutuals expenditure, the guidance is not to be treated as a “regulating provision” within the meaning of section 140A(1).

Commencement Information

I1Sch. 1 para. 9 in force at 1.4.2013, see art. 1(1)