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

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210.  In Schedule 15A(1)—

(a)in paragraph 2(1)(b) for the words “central office” there is substituted “Financial Services Authority”,

(b)in paragraph 2(2), before paragraph (a) there is inserted—

(aa)every reference to a company registered in Scotland shall have effect as a reference to a building society whose registered office is situated in Scotland;,

(c)in paragraph 3(1) for the words “central office”, both times they appear, there is substituted “Authority”,

(d)after paragraph 5 there is inserted—

5A.  In this Schedule, “scheme manager” has the same meaning as in the Financial Services and Markets Act 2000.,

(e)in paragraphs 9A, 10(1), 11 and 15 for the word “Commission”, wherever it appears, there is substituted “Authority”,

(f)in paragraph 16(2) the words “or paragraph (a) of the seventh criterion in section 45(3) of this Act” are omitted,

(g)paragraph 16(4) is omitted,

(h)in paragraph 21(1)(a)—

(i)for the words “central office” there is substituted “Authority”, and

(ii)for the words “Commission and the Investor Protection Board” there is substituted “scheme manager”,

(i)in paragraph 23(1) for the words “Commission and to the Investor Protection Board” there is substituted “Authority and to the scheme manager”,

(j)in paragraph 24(a) for the words “Commission or Investor Protection Board” there is substituted “Authority or the scheme manager”,

(k)in paragraph 24(b) for the words “Commission or that Board” there is substituted “Authority or the scheme manager”,

(l)in paragraph 25 for the word “Commission” there is substituted “Treasury”,

(m)in paragraphs 32(1), 33 and 37 for the word “Commission”, wherever it appears, there is substituted “Authority”,

(n)in paragraph 38(2) the words “or paragraph (a) of the seventh criterion in section 45(3) of this Act” are omitted,

(o)paragraph 38(4) is omitted,

(p)in paragraph 43(1)(a)—

(i)for the words “central office” there is substituted “Authority”, and

(ii)for the words “Commission and the Investor Protection Board” there is substituted “scheme manager”,

(q)in paragraph 45(1)(a) for the words “Commission and to the Investor Protection Board” there is substituted “Authority and to the scheme manager”,

(r)in paragraph 46(a) for the words “Commission or Investor Protection Board” there is substituted “Authority or the scheme manager”,

(s)in paragraph 46(b) for the words “Commission or that Board” there is substituted “Authority or the scheme manager”, and

(t)in paragraph 47 for the word “Commission” there is substituted “Treasury”.

(1)

Schedule 15A was inserted by the Building Societies Act 1997, section 39 and Schedule 6, and amended by the Insolvency Act 2000 (c. 39), Schedule 2 Part II.

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