- Latest available (Revised)
- Point in Time (31/12/1993)
- Original (As enacted)
There are currently no known outstanding effects for the Friendly Societies Act 1974.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
The Registry of Friendly Societies
2. Terms of office, qualifications and status of Chief and assistant registrars.
4. Registration areas and functions of assistant registrars in those areas.
5. Particular functions of assistant registrar for Scotland.
6. Report of the Chief Registrar and publication of information relating to friendly societies.
34. Notice of resolutions relating to appointment and removal of auditors.
35. Proceedings subsequent to receipt of notice under s. 34.
39. Auditors’ right of access to books and to attend and be heard at meetings.
39A. Duty to obtain accountant’s report where section 31 disapplied.
39C. Registrar’s power to require accounts of past years to be audited.
Investment, funds and property
47. Power to set up funds for purchase of Government securities on behalf of members.
50. Loans of surplus funds to registered society or branch of different description.
51. Power of friendly society to invest in housing association.
52. Charitable subscriptions and contributions to other registered societies.
55. Power of the Public Trustee to hold securities of certain friendly societies and branches.
58. Devolution of property on death, resignation or removal of trustee.
Benefits: limitations and payment
64.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
65. Modification of s. 64 in relation to group insurance business.
65B.Terms on which benefits are provided by friendly societies.
66. Power of member to nominate person to receive sums payable on his death.
71. Prohibition of insuring money to be paid on death of a child under ten.
72. Limitations on insurance of life of parent or grandparent.
73. Supplementary provisions as to insurances referred to in s. 72.
74. Provisions with respect to certain insurances where person assured is resident outside United Kingdom and Isle of Man.
Change of name, amalgamation and transfer of engagements and conversion of societies
Winding-up, suspension of business and inspection
87.Power of Commission to apply for winding-up of registered friendly societies and branches.
88. Power of Chief Registrar to suspend business of registered friendly societies and branches.
89. Power of Chief Registrar to require production of documents.
90. Appointment of inspectors and calling of special meetings.
SCHEDULES
Matters to be provided for by the Rules of Societies registered under this Act
Part I Provisions Applicable to all Societies
3.(1) Subject to sub-paragraph (2) below, the whole of the...
5.The appointment and removal of a committee of management (by...
6.The investment of the funds, the keeping of the accounts...
7.Annual returns to the registrar relating to the affairs and...
10.In the case of dividing societies, a provision for meeting...
Part II Provisions Applicable to Friendly Societies and Cattle Insurance Societies
Forms of Bond for Officers or Registered Societies and Branches
Form applicable in the central registration area
Know all men by these presents, that we, A.B. of...
Whereas the above-burden A.B. has been duly appointed to the...
Sealed and delivered in the presence of
[two witnesses.]
I, A.B. of , hereby bind and oblige myself, to...
Dated at this day of
Signature of Cautioner.
E.F. of witness.—
G.H. of witness.
The above bond shall not require a testing clause or...
Form of Receipt to be Endorsed on Mortgage or Further Charge
1.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Provisions Applicable Where Person Assured is Resident Outside the United Kingdom and Isle of Man
1.(1) Notwithstanding anything in Schedule 1 to this Act, a...
2.(1) Notwithstanding anything in Schedule 1 to this Act and...
3.A registered friendly society or branch thereof shall not in...
4.(1) For the purpose of calculating the maximum sum which...
5.(1) Notwithstanding anything in section 70 of this Act, a...
7.A registered friendly society or branch to which is produced...
8.Nothing in this Schedule respecting payments on the death of...
9.Section 7 of the Industrial Assurance and Friendly Societies Act...
CONVERSION OF REGISTERED SOCIETIES INTO INDUSTRIAL AND PROVIDENT SOCIETIES: SUPPLEMENTARY
AMENDMENTS OF OTHER ENACTMENTS
The Industrial Assurance and Friendly Societies Act 1948 (c. 39)
The Administration of Estates (Small Payments) Act 1965 (c. 32)
The Friendly and Industrial and Provident Societies Act 1968 (c. 55)
Transitory Provisions and Savings
1.In so far as any regulation, order, application, nomination or...
2.Without prejudice to section 116(1) of, and Schedule 9 to,...
3.Where a period of time specified in an enactment repealed...
4.A conviction of an offence under an enactment repealed by...
6.(1) Any endowment policy issued before 1st January 1924 which...
13.Nothing in this Act shall prejudice any insurance effected before...
14.Nothing in this Act shall affect the continued operation, in...
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Point in Time: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: