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The Friendly Societies (Long Term Insurance Business) Regulations 1987
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- UK Statutory Instruments
- 1987 No. 2132
- PART VIII
- Regulation 65
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Amendment of rules
65.—(1) Notwithstanding anything contained in the rules of a society or in the 1974 Act, the committee of management or other directing body of a society which has been authorised under these Regulations may, by resolution passed before 31st December 1988, agree upon any amendments to its rules required for conformity with any provision of these Regulations and shall send two copies of its resolution to the Central Office within 21 days of its having been passed.
(2) The Central Office, on being satisfied that the amended rules are in conformity with the 1974 Act and these Regulations, shall register one copy of the amended rules and place it on the public file of the society and shall return the other copy to the society with an acknowledgement of its registration.
(3) The amendments to the society’s rules shall take effect on the date on which they are registered.
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