Source: http://www.legislation.gov.uk/ukpga/1986/53/part/I
Timestamp: 2019-07-20 06:23:04
Document Index: 269854458

Matched Legal Cases: ['art. 13', 'art. 2', 'art. 1', 'art. 1', 'art. 1', 'art. 1', 'art. 2', 'art. 1', 'art. 1']

Building Societies Act 1986, PART I is up to date with all changes known to be in force on or before 20 July 2019. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
[F1PART I]U.K. FUNCTIONS OF THE [F2Financial Conduct Authority and the Prudential Regulation Authority]
[F31 Functions of the [F4Financial Conduct Authority and the Prudential Regulation Authority] in relation to building societies.U.K.
(1)[F5The FCA] has the following functions under this Act in relation to building socities—
[F7(1A)The PRA has the following functions under this Act in relation to building societies—
(b)to administer the system of regulation of building societies provided by or under this Act, but only in so far as sections 5, 6, 7 [F8and 9A ] confer functions on the PRA; and
(2)The [F9FCA and the PRA also have] , in relation to such societies, the other functions conferred on [F10them respectively] by or under this Act or any other enactment.]
F3Pt. I (s. 1) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) for Pt. I (ss. 1-4) by S.I. 2001/2617, arts. 2, 8, 13(1), Sch. 3 Pt. II para. 132 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)
F4Words in s. 1 heading substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 3(5) (with Sch. 12)
F5Words in s. 1(1) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 3(2)(a) (with Sch. 12)
F6S. 1(1)(a) omitted (1.4.2013) by virtue of The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 3(2)(b) (with Sch. 12)
F7S. 1(1A) inserted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 3(3) (with Sch. 12)
F8Words in s. 1(1A)(b) substituted (26.3.2015) by Financial Services (Banking Reform) Act 2013 (c. 33), s. 148(5), Sch. 9 para. 4(3)(a); S.I. 2015/428, art. 2
F9Words in s. 1(2) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 3(4)(a) (with Sch. 12)
F10Word in s. 1(2) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 3(4)(b) (with Sch. 12)