The Friendly Societies Act 1992 (Amendment) Regulations 1994

Grant of unconditional or conditional authorisation

5.  In subsection (2) of section 34 of the 1992 Act (grant of unconditional or conditional authorisation), at the end of paragraph (a) insert the words “and, in the case of a society to which section 37(2) or (3) below applies, each controller of the society is a fit and proper person to be such a controller”.