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  1. Point in time
    2013-12-13

BSOG 3.4 Information provided to Members

Application and Prudential Regulator Approval

BSOG 3.4.17G

The Prudential Regulator's approval of the Transfer Statement will be confirmed by returning to the society one authenticated copy of the Transfer Statement with the Prudential Regulator's certificate of approval signed by an authorised signatory for the Prudential Regulator. The society will be asked to give 50 copies of the printed Transfer Document and Transfer Summary, if any, to the Prudential Regulator when they are available. There is no statutory requirement for copies of the Transfer Statement and Transfer Summary to be placed on the public file of a society but, because they are both public documents, the Prudential Regulator will arrange for copies of the Transfer Document and Transfer Statement, if printed separately, to be placed on the public file. If a public announcement of the transfer proposal is not to be made until after the Prudential Regulator has approved the Transfer Statement, or until the Transfer Document is sent to the society's members, the Document and Statement will not be placed on the public file until after the announcement. None of the other documents referred to in paragraph BSOG 3.4.15 G above will be placed on the public file.