(1) This Order may be cited as the Financial Services and Markets Act 2000 (Permission and Applications) (Credit Unions etc.) Order 2002.

(2) This Order comes into force on 8th April 2002 for the purposes of articles 3, 4, 7 and 8 and on 2nd July 2002 for all other purposes.

(3) In this Order -

"the Act" means the Financial Services and Markets Act 2000;

"the 1979 Act" means the Credit Unions Act 1979 [1979 c. 34.];

"commencement" means the beginning of 2nd July 2002;

"credit union" means a society registered under the Industrial and Provident Societies Act 1965 [1965 c. 12.] by virtue of section 1 of the 1979 Act [Amended by S.I. 1996/1189 and S.I. 2001/2617.];

"deposit" has the same meaning as in article 5 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 [ S.I. 2001/544; amended by S.I. 2001/3544.];