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Article 2
(1) | (2) | (3) |
---|---|---|
Provisions of the Act | Subject matter of provisions | Purposes |
Part III | Management and administration of friendly societies | Management and administration of incorporated friendly societies |
Section 31 | Restriction on carrying on unauthorised insurance or non-insurance business | Carrying on business by incorporated friendly societies |
Section 32 | Grant of authorisation by Commission: general | Authorisation of incorporated friendly societies following application from such societies and from registered friendly societies seeking to be incorporated under the 1992 Act |
Section 33 | Applications from certain existing friendly societies | Applications from registered friendly societies seeking to be incorporated under the 1992 Act and from incorporated friendly societies for authorisation to carry on existing business as incorporated friendly societies |
Section 34 and 35 | Grant of unconditional or conditional authorisation and extension of current authorisation | Grant and extension of authorisation of incorporated friendly societies following applications from incorporated friendly societies and from registered friendly societies seeking to be incorporated under the 1992 Act |
Sections 36 to 43 | Imposition of conditions on current authorisation, restriction on combinations of business, restriction on commercial business, power to direct application for fresh authorisation, withdrawal of authorisation in respect of new business, withdrawal of authorisation to carry on insurance business, contracts effected in contravention of section 31(1) and interpretation | Control of conduct of business by incorporated friendly societies |
Part V, except sections 58 to 61 | Regulation of friendly societies' business | Regulation of the business of incorporated friendly societies |
Part VI | Accounts and audit | Accounts and audit of incorporated friendly societies |
Schedule 11 | Committee of management : supplementary | Committee of management of incorporated friendly societies |
Schedule 12 | Meetings and resolutions | Meetings and resolutions of incorporated friendly societies |
Schedule 13 | Authorisation : supplementary provisions | Authorisation of incorporated friendly societies and applications for authorisation from registered friendly societies to carry on business as incorporated friendly societies |
Schedule 14, except paragraph 7 | Auditors: appointment, terms, qualifications and remuneration | Auditors of incorporated friendly societies |
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