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Friendly and Industrial and Provident Societies Act 1968 (repealed)
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Version Superseded: 01/12/2001
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17 Amendments with respect to the rules of societies registered under the Act of 1896.E+W+S
(1)It is hereby declared for the avoidance of doubt that nothing . . . F1 in section 8(2)(a) of the M1Industrial Assurance Act 1923 requires the rules of a society to contain tables in accordance with which . . . F1 policies of assurance have been issued by the society, if the rules of the society provide that . . . F1 no further policies may be issued in accordance with those tables.
(2)The tables which the rules of a society are required to contain . . . F1 by section 8 of the M2Industrial Assurance Act 1923 and any tables contained in the rules of a branch shall, in the case of a society or branch to which this subsection applies which proposes to carry on long-term business within the meaning of the M3Insurance Companies Act 1958, be tables which, in so far as they relate to that business, have been certified by [F2a qualified actuary within the meaning of the M4Friendly Societies Act 1974.]
(3)The last preceding subsection applies to every society and branch which is first registered under the Act of 1896 after the commencement of this Act other than—
(a)a society formed by the amalgamation of two or more societies so registered before the commencement of this Act, and
(b)a branch of a society so registered before the commencement of this Act.
(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3
(5)The notice of a general meeting which a collecting society is required to give to its members by section 19 of the M5Industrial Assurance Act 1923 may, instead of containing a copy of every amendment of a rule intended to be proposed at the meeting, contain in respect of any such amendment an explanation of its purpose together with a notification that a copy of the amendment may be obtained by any member on application to the society, and accordingly, in subsection (3) of that section, for the words from “contain" to the end of the subsection, there shall be substituted the words
“in respect of each amendment contain either—
(a)a copy of that amendment, or
(b)(in the case of an amendment proposed to the rules of a collecting society) an explanation of its purpose, together with a notification that a copy of the amendment may be obtained by any member on application to the society.”
Textual Amendments
F1Words repealed by Friendly Societies Act 1974 (c. 46), Sch. 11
F2Words substituted by Friendly Societies Act 1974 (c. 46), Sch. 9 para. 22
F3Ss. 3(6), 4(3), 9(8), 11(4)(6)-(8), 16, 17(4), Sch. 1 paras. 1-8, Schs. 2, 3 paras. 5, 6 repealed by Friendly Societies Act 1974 (c.46), Sch. 11
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