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Friendly Societies Act 1992

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Changes over time for: Paragraph 15

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Version Superseded: 12/03/2015

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Status:

Point in time view as at 01/01/1994.

Changes to legislation:

There are currently no known outstanding effects for the Friendly Societies Act 1992, Paragraph 15. Help about Changes to Legislation

15(1)If a person ceasing to hold office as auditor fails to comply with paragraph 14 above, he is guilty of an offence and liable—U.K.

(a)on conviction on indictment, to a fine; and

(b)on summary conviction, to a fine not exceeding the statutory maximum.

(2)If a society or branch makes default in complying with paragraph 14 above, it is guilty of an offence and liable—

(a)on conviction on indictment, to a fine, and

(b)on summary conviction, to a fine not exceeding the statutory maximum and in the case of a continuing offence, to an additional fine not exceeding one-tenth of the statutory maximum for every day during which the offence continues.

Commencement Information

I1Sch. 14 para. 15 wholly in force; Sch. 14 para. 15 not in force at Royal Assent see s. 126(2); Sch. 14 para. 15 in force for certain purposes at 13.1.1993 by S.I. 1993/16, art. 2, Sch. 1; Sch. 14 para. 15 in force to the extent not already in force at 1.1.1994 by S.I. 1993/2213, art. 2(1), Sch. 5

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