(1) If the FCA has reason to believe that any of the conditions mentioned in subsection (2) is satisfied, it may, after consulting the PRA if the society is a PRA-authorised person -
(a) present a petition to the High Court for the winding up of the society under the applicable winding up legislation;
(b) make an application to the High Court for an order under subsection (5).
(1A) If the PRA has reason to believe that any of the conditions mentioned in subsection (2) is satisfied in relation to a society which is a PRA-authorised person, it may, after consulting the FCA -
(a) present a petition to the High Court for the winding up of the society under the applicable winding up legislation;
(b) make an application to the High Court for an order under subsection (5).
(2) The conditions referred to in subsections (1) and (1A) are -
(a) that a friendly society is carrying on activities that are not activities which such a society is permitted by this Act or the 1974 Act to carry on;
(b) t
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