(1) This Order may be cited as the Financial Services and Markets Act 2000 (Permissions, Transitional Provisions and Consequential Amendments) (Northern Ireland Credit Unions) Order 2011.

(2) This Order comes into force on -

(a) 15th December 2011 for the purposes of this article and article 10;

(b) 31st December 2011 for the purposes of articles 5 to 9; and

(c) 31st March 2012 for all other purposes.

(3) In this Order -

"the 1985 Order" means the Credit Unions (Northern Ireland) Order 1985 [S.I. 1985/1205 (N.I. 12).];

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

"the Authority" means the Financial Services Authority;

"commencement" means the beginning of 31st March 2012;

"credit union" means a society registered under the 1985 Order or a society registered under the Industrial and Provident Societies Act (Northern Ireland) 1969 [1969 c. 24 (N.I.).] as a credit union.