CRED TP 1 Transitional provisions
CRED TP 1.1 Transitional provisions
(1) |
(2) Material to which the transitional provision applies |
(3) |
(4) Transitional provision |
(5) Transitional provision: dates in force |
(6) Handbook provision: coming into force |
1 |
Every rulein the Handbook relating to acredit union |
R |
Where a transitional provision in theHandbookrefers tocommencement, in relation to a credit union it meanscredit unionsday. |
From credit unionsday |
varies depending onruleconcerned |
2 |
As for 1 |
G |
Where a rule applies to a credit union, its related transitional provision will also apply. The effect of paragraph 1 is to ensure that the transitional provision applies from credit unionsday (and not from the earlier date of commencement). |
As for 1 |
As for 1 |
3 |
G |
The FSA will not impose financial penalties upon credit unions for the late submission of:(1) quarterly returns made up for quarters ending before 1 July 2003;(2) the complaints handling report for the period ending 31 March 2003. |
from 1 October 2002 |
||
4 |
R |
In the year ending 31 March 2003, the relevant period is from 1 October 2002 to 31 March 2003. |
from 1 April 2003 |
||
53 |
CRED 17.4.4 R - CRED 17.4.64 4 |
R3 |
A credit union must apply CRED as it applied before amendment by the Depolarisation Instrument with respect to complaints received by a credit union before 14 January 2005.4 4 |
From 14 January 20054 4 |
From 14 January 20054 4 |
3
4