SCHEDULES

SCHEDULE 11 Friendly Societies

Part IV Transfer of Registrar’s Functions

30

(1)

F1The Commission shall also before making a transfer order transferring any functions to a transferee body require it to furnish F2the Commission and the Secretary of State with a copy of any guidance intended to have continuing effect which it proposes to issue in writing or other legible form and they may take such guidance into account in determining whether they are satisfied as mentioned in paragraph 29(b) above.

(2)

In this Act references to guidance issued by a transferee body are references to guidance issued or any recommendation made by it which is issued or made to regulated friendly societies or self-regulating organisations for friendly societies generally or to any class of regulated friendly societies or self-regulating organisations for friendly societies, being societies which are or may be subject to F3statements of principle, rules, regulations or codes of practice issued or made by it or organisations which are or may be recognised by it in the exercise of its functions under a transfer order.