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Section 8: Suspension of registration

Co-operative and Community Benefit Societies Act 2014 · 2014 c. 14View on legislation.gov.uk

Part 1: Registration

If any of conditions C to E in section 5 is met in relation to a society, the FCA may by notice in writing—

suspend the society's registration for a term not exceeding 3 months, and
from time to time renew any suspension for a term not exceeding 3 months.

The FCA must give a registered society at least 2 months' notice in writing of the proposed suspension of its registration under subsection (1)(a), specifying briefly the ground of the proposed suspension.

Where—

a notice of proposed cancellation of a society's registration is given under section 6, and
before the end of the period of notice, the society appeals under section 9 against the proposed cancellation,

the FCA may by notice in writing suspend the society's registration from the end of that period until the date the appeal is determined or abandoned.

The FCA must consult the PRA before suspending, or renewing the suspension of, the registration of a registered society that is a PRA-authorised person.

The FCA must ensure that, as soon as practicable after the suspension or renewal of suspension of a society's registration, notice of the suspension or renewal is published in—

the Gazette, and
a local newspaper circulating in or about the locality in which the society's registered office is situated.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.