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Friendly Societies Act 1974
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Rhagor o Adnoddau
Changes over time for: Section 68
Alternative versions:
- 01/02/1991- Amendment
- 04/05/2006- Amendment
- 04/05/2006
Point in time
Status:
Point in time view as at 04/05/2006.
Changes to legislation:
There are currently no known outstanding effects for the Friendly Societies Act 1974, Section 68.
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68 Devolution of sums due where no nomination. U.K.
(1)If any member of a registered society or branch entitled from the funds thereof to a sum not exceeding [F1£5,000]dies without having made any nomination thereof then subsisting, the society or branch may, without letters of administration or probate of any will or, in Scotland, without any grant of confirmation, distribute the sum among such persons as appear to the committee, upon such evidence as they may deem satisfactory, to be entitled by law to receive that sum.
F2(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)Where at the time of his death a member of a registered friendly society or branch is entitled from the funds thereof to a sum which exceeds [F1£5,000]but would not exceed that amount if any such increase as is mentioned in section 64(2)(c) above were disregarded, subsection (1) above shall apply to the whole of that sum, notwithstanding that it exceeds [F1£5,000], F3...
Textual Amendments
F1 “£5,000” substituted by virtue of Administration of Estates (Small Payments) Act 1965 (c. 32, SIF 116:1), ss. 1(1), 6, Sch. 1 Pt. 1 and S.I. 1984/539, art. 2(1)
F2S. 68(2) repealed (4.5.2006) by Family Law (Scotland) Act 2006 (asp 2), s. 46(2), Sch. 3; S.S.I. 2006/212, art. 2
F3Words in s. 68(3) repealed (4.5.2006) by Family Law (Scotland) Act 2006 (asp 2), s. 46(2), Sch. 3; S.S.I. 2006/212, art. 2
Modifications etc. (not altering text)
C1Power to amend s. 68 conferred by Administration of Estates (Small Payments) Act 1965 (c. 32), ss. 5(1), 6(1)
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