SCHEDULES
C1SCHEDULE 11 Friendly Societies
Annotations:
Modifications etc. (not altering text)
Part IV Transfer of Registrar’s Functions
F129
1
F2The Commission shall not make a transfer order transferring any legislative functions to a transferee body unless—
a
b
F4the Commission and the Secretary of State are both satisfied that those instruments will—
i
afford investors an adequate level of protection,
ii
in the case of provisions corresponding to those mentioned in Schedule 8 to this Act, comply with the principles set out in that Schedule, and
iii
take proper account of the supervision of friendly societies by F2the Commission under the enactments relating to friendly societies.
2
In this paragraph “legislative functions” means the functions of issuing or making statements of principle, rules, regulations or codes of practice.
Sch. 11 amended (1.2.1993 for specified purposes and 1.1.1994 for all remaining purposes) by Friendly Societies Act 1992 (c. 40) s. 98, Sch. 18 Pt. II para. 10; S.I. 1993/16, art. 2, Sch.4; S.I. 1993/2213, art. 2(1), Sch.5.