21. In the Friendly Societies Act 1992 M1—
(a)in section 69A(4) (duty to prepare individual accounts) M2—
(i)in paragraph (b), before “regulated market” insert “ UK ”;
(ii)in paragraph (c)—
(aa)before “regulated market” insert “ UK ”;
(bb)for the second sentence substitute “ “UK regulated market” has the meaning given in Article 2.1.13A of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 and amending Regulation (EU) No. 648/2012 ”;
(b)in section 69E (duty to prepare group accounts) M3—
(i)in subsection (5)—
(aa)in paragraph (b), before “regulated market” insert “ UK ”;
(bb)in paragraph (c), before “regulated market” insert “ UK ”;
(cc)omit the second sentence of paragraph (c);
(ii)after subsection (8) insert—
“(9) In this subsection “UK regulated market” has the meaning given in Article 2.1.13A of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 and amending Regulation (EU) No. 648/2012.”.
Commencement Information
I1Sch. 2 para. 21 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)(c)
Marginal Citations
M2Sections 69A to 69I were substituted for sections 69 and 70 by S.I. 2005/2211. Section 69A was amended by S.I. 2007/126 and 2017/701.
M3Sections 69A to 69I were substituted for sections 69 and 70 by S.I. 2005/2211. Section 69E was amended by S.I. 2007/126 and 2017/701.