The Financial Services and Markets Act 2000 (Mutual Societies) Order 2001

200.  In Schedule 2(1)—

(a) for the words “central office”, wherever they appear, there is substituted “Authority”,

(b) in paragraph 1(1)(c) for the word “four” there is substituted “three”,

(c) in paragraph 3(3) the words “the Commission or” are omitted,

(d) in paragraph 10A(2), (3)(a), and (4)(b) for the word “Commission” there is substituted “Authority”,

(e) in paragraphs 10A(3) and 10B(5) for the words “Commission may, with the consent of the Treasury,” there is substituted “Treasury may”,

(f) in paragraph 10C(6) for the words “Commission thinks” there is substituted “Treasury think”,

(g) in paragraph 12(4) for the words “Commission prescribes” there is substituted “Treasury prescribe”,

(h) in paragraph 15—

(i) in sub-paragraph (1)(a) for the words “authorisation revoked under section 43” there is substituted “permission under Part IV of the Financial Services and Markets Act 2000 to accept deposits cancelled”,

(ii) in sub-paragraph (1)(b) for the words “been re-authorised under section 44” there is substituted “subsequently been given such permission”,

(iii) for the word “Commission”, wherever it appears in sub-paragraphs (2) to (4), there is substituted “Authority”,

(iv) sub-paragraph (2)(c) and the word “and” immediately preceding it are omitted,

(v) after sub-paragraph (2) there is inserted—

“(2A) The Authority may charge a reasonable fee for considering an application under sub-paragraph (2) above.”, and

(vi) sub-paragraphs (9) to (11) are omitted,

(i) in paragraph 20(3) and (5)(b) for the word “Commission” there is substituted “Authority”,

(j) in paragraph 20A(12) for the word “Commission” there is substituted “Authority”,

(k) in paragraph 20A(13)—

(i) for the words “Commission may, with the consent of the Treasury,” there is substituted “Treasury may”,

(ii) for the word “it” there is substituted “them”, and

(iii) for the word “Commission”, the second time it appears, there is substituted “Treasury”,

(l) in paragraph 30(4)—

(i) for the word “Commission”, the first time it appears, there is substituted “Authority”, and

(ii) for the words “the Commission”, the second time they appear, there is substituted “it”,

(m) in paragraph 30(6)—

(i) the words “, after consultation with the Commission,” are omitted, and

(ii) for the words “it thinks” there is substituted “they think”,

(n) in paragraph 31(7) for the word “Commission” there is substituted “Authority”,

(o) in paragraph 32(4) for the word “Commission” there is substituted “Treasury”, and

(p) in paragraph 36(1) for the words “Commission, with the consent of the Treasury, by order specifies” there is substituted “Treasury by order specify”.

(1)

Schedule 2 was amended by the Building Societies (Joint Account Holders) Act 1995 (c. 5), sections 1(2) and 2(2), the Building Societies Act 1997, sections 2, 3, 25, 26, 36 and 37, Schedule 1, Schedule 7 paragraphs 56 and 57 and Schedule 9, and by S.I. 1997/2714, 1997/2840, 1999/3031 and 1999/3033.