In this Order -

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

"authorised building society" means any UK authorised person ["UK authorised person" is defined in section 191G of the Act (as inserted by S.I. 2009/534, see Regulation 3 and Schedule 1).] which is a building society within the meaning of section 119 of the Building Societies Act 1986 (interpretation) [1986 c.53. There are amendments to section 119 which are not relevant to this Order.];

"managing agent" has the meaning given in article 3 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001;

"relevant friendly society" means any UK authorised person which is a friendly society to which neither subsection (2) nor subsection (3) of section 37 of the Friendly Societies Act 1992 (restriction on combinations of business) [1992 c.40. There are amendments to section 37 which are not relevant to this Order.] applies; and