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Friendly Societies Act 1992 is up to date with all changes known to be in force on or before 21 August 2024. There are changes that may be brought into force at a future date.
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Part X General and Supplementary
102. Power to amend, etc. to assimilate to company law or law relating to persons carrying on insurance business.
103. Power to modify Parts V and VI in relation to particular friendly societies.
106. Officers and auditors not to be exempted from liability.
108. Offences by bodies corporate, partnerships and unincorporated associations.
115. Provision as to information supplied for purposes of social security.
SCHEDULES
The Friendly Societies Commission
Establishment, Incorporation and Constitution of Incorporated Friendly Societies
Incorporation of Registered Friendly Societies: Supplementary
Additional Activities of Incorporated Societies
Making of Contracts and Execution of Documents by Incorporated Friendly Societies
1.The establishment and management of personal equity plans within the...
1A.The establishment and management, or arranging for the establishment and...
2.The establishment and management of unit trust schemes within the...
4.Arranging for the provision of, or giving advice as to,...
5.Arranging for the provision of credit, whether as agents for...
6.The provision of fund management services for trustees of pension...
7.The administration of estates and the execution of trusts of...
8.The provision of executry services (within the meaning of Part...
9.The establishment and management of— (a) sheltered housing,
10.The provision of administrative services for friendly societies or other...
11.The carrying on of a business which is a deposit-taking...
12.The carrying on of insurance business which is general business...
13.The establishment and management of investment companies with variable capital...
14.The establishment and management of companies which are approved as...
15.Arranging for the provision of banking services by a UK...
Provisions supplementary to Section 13
1.The provisions of this Schedule explain expressions used in section...
2.In section 13(9)(a) and (c) the references to the voting...
4.Rights which are exercisable only in certain circumstances shall be...
7.Rights attached to shares held by way of security shall...
8.Rights shall be treated as held by an incorporated friendly...
10.The voting rights in a body corporate shall be reduced...
11.References in any provision of paragraphs 5 to 10 above...
Nominations by Members of Incorporated Friendly Societies and Related Matters
Application of Companies Winding Up Legislation to Incorporated Friendly Societies
Part I General Mode of Application
1.The enactments which comprise the companies winding up legislation (referred...
2.Subject to the following provisions of this Schedule, the enactments...
3.(1) Subject to the following provisions of this Schedule, the...
4.(1) Where any of the enactments as applied to incorporated...
5.Any enactment which specifies a sum altered by order under...
Part II Modified Application of Insolvency Act 1986 Parts IV and XII
Members of a friendly society as contributories in winding up
18.In sections 117 (High Court and county court jurisdiction) and...
19.Section 122 (circumstances in which company may be wound up...
20.Section 124 (application for winding up) of the Act does...
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23.If, before the presentation of a petition for the winding...
24.(1) Section 130 of the Act (consequences of winding-up order)...
25.Section 140 (appointment of liquidator by court in certain circumstances)...
26.In the application of sections 141(1) and 142(1) (liquidation committees),...
27.The conditions which the court may impose under section 147...
28.Section 154 (adjustment of rights of contributories) of the Act...
29.In section 165(2) (liquidator’s powers) of the Act, the reference...
Part III Modified Application of Insolvency (Northern Ireland) Order 1989
Members of a friendly society as contributories in winding up
49.Article 102 (circumstances in which company may be wound up...
50.Article 104 (application for winding up) of the Order does...
52.Article 106 (power of court, between petition and winding-up order,...
53.If, before the presentation of a petition for the winding...
54.(1) Article 110 of the Order (consequences of winding-up order)...
55.Article 119 (appointment of liquidator by High Court in certain...
56.In the application of Article 120(1) (liquidation committees), of the...
57.The conditions which the High Court may impose under Article...
58.Article 132 (adjustment of rights of contributories) of the Order...
59.Article 140(2) (liquidator’s powers) of the Order, the reference to...
SUPERVISION OF CONTROLLERS OF FRIENDLY SOCIETIES TO WHICH SECTION 37(2) OR (3) APPLIES
RECOGNITION IN OTHER EEA STATES OF FRIENDLY SOCIETIES TO WHICH SECTION 37(2) OR (3) APPLIES
INFORMATION FOR MEMBERS OF FRIENDLY SOCIETIES TO WHICH SECTION 37(2) OR (3) APPLIES
Auditors: Appointment, Tenure, Qualifications and Remuneration
Amalgamations, Transfers of Engagements and Conversion: Supplementary
Part I Provision of Information to Members
Part II Confirmation by Commission
Confirmation of transfers of engagements
12.The Commission shall not confirm a transfer unless it is...
13.(1) The Commission shall not confirm a transfer in any...
14.The Commission shall not confirm a transfer of any engagements...
15.(1) This paragraph applies to any transfer of engagements (other...
15A.(1) This paragraph applies to any transfer of engagements (other...
16.The Commission shall not confirm a transfer to a friendly...
6.(1) For section 15 there shall be substituted the following...
8.After section 23 there shall be inserted the following section—...
9.For section 24 there shall be substituted the following section—...
10.For section 26 there shall be substituted the following section—...
13.In section 35, after subsection (5) there shall be inserted...
14.In section 40, after subsection (2) there shall be added...
15.(1) In section 46, in subsection (1), paragraphs (a) and...
17.In section 50, after subsection (2) there shall be inserted...
19.In section 53, for subsection (1) there shall be substituted...
21.After section 57 there shall be inserted the following section—...
22.After section 63 there shall be inserted the following section—...
23.After section 65 there shall be inserted the following sections—...
27.In section 78(1), after the words “Act 1950" there shall...
28.In section 80— (a) in subsection (1), at the beginning...
29.(1) Section 82 (amalgamation and transfer of engagements) shall be...
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31.Section 84 shall cease to apply to registered friendly societies....
32.After section 84 there shall be inserted the following section—...
33.In section 86— (a) in subsection (1), at the beginning...
34.For section 87 there shall be substituted the following section—...
37.In section 91(4), after the words “section 85(4) above" there...
38.In section 93— (a) in subsection (1)(b), for the words...
40.In section 96, after the words “section 95(3)" there shall...
41.In section 97, in subsection (1)(b) after the words “section...
42.In section 98— (a) in subsection (1)(g), for the words...
44.In section 102— (a) after “1980" there shall be inserted...
46.In section 107, after subsection (2) there shall be inserted...
47.In section 110(2), after the word “Act" there shall be...
48.In section 111(1)— (a) in the definition of “collecting society"...
50.In section 117(3), after the words “extends to" there shall...
52.After Schedule 6 there shall be inserted the following Schedule—...
Amendments of Policyholders Protection Act 1975
1.(1) In section 1 (the Policyholders Protection Board), in subsection...
2.After section 3 there shall be inserted the following section—...
3.(1) Section 4 (protection confined to insurance under qualifying policies...
4.In the heading preceding section 5 (duties of the Board...
5.After section 5 there shall be inserted the following section—...
6.(1) In section 8 (general policies other than compulsory policies),...
7.After section 8 there shall be inserted the following section—...
8.(1) In section 10 (long term policies), in subsection (1)...
9.In section 11 (special provision for future benefits under long...
10.After section 11 there shall be inserted the following section—...
11.At the end of section 16 (companies in financial difficulties)...
12.In section 17 (special provision with respect to long term...
13.In section 18(1)(a) (definition of “general business expenditure"), for the...
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16.In section 25 (application of surplus funds by the Board),...
18.(1) Section 32 (interpretation) shall be amended as follows.
19.(1) In Schedule 3 (additional provisions with respect to levies...
Amendments of Financial Services Act 1986
Part I Amendments of Provisions Other Than Schedule 11
1.The following section shall be substituted for section 23— Friendly...
2.In section 113 (periodical fees), for subsection (3) there shall...
3.In section 141 (indemnity schemes), in subsection (2), for the...
4.In section 179 (restrictions on disclosure of information), in subsection...
5.In section 180 (exceptions from restrictions on disclosure), in subsection...
6.In section 204(1) (service of notices), for the words from...
7.In section 207(1) (interpretation), the following definitions shall be inserted...
8.In section 210(3) (expenses and receipts), for the words from...
9.(1) In the following provisions of Schedule 14 (restriction of...
Part II Amendments of Schedule 11
11.(1) In paragraph 1, in the definition of “a recognised...
13.In paragraph 4(2), for the words “the Friendly Societies Act...
14.In paragraph 7(1), for the words “himself alter, its rules"...
15.In paragraph 13A(6), for the word “his" there shall be...
16.In paragraph 26, for sub-paragraph (2) there shall be substituted...
18.In paragraph 29, in sub-paragraph (1)— (a) in paragraph (a)...
19.After paragraph 31 there shall be inserted the following paragraph—...
20.(1) In paragraph 37, in sub-paragraph (1), for the words...
21.After paragraph 40 there shall be inserted the following paragraph—...
22.For paragraph 45 there shall be substituted the following paragraph—...
1.The Industrial Assurance Act 1923 shall be amended as follows....
3.In section 10, for subsection (1) there shall be substituted...
4.In section 11, in subsection (2), for the word “Commissioner"...
7.For section 23 there shall be substituted the following section—...
8.In section 26, for subsection (1) there shall be substituted...
9.For section 32 there shall be substituted the following section—...
10.For section 33 there shall be substituted the following section—...
11.In section 39, in subsection (5), for the word “Commissioner"...
12.In section 45(1) after the definition of “collector" there shall...
17.The Industrial Assurance (Northern Ireland) Order 1979 shall be amended...
18.(1) In Article 2, in paragraph (2), for the definitions...
19.In Article 4(2), for the word “Registrar" there shall be...
21.In Article 12, for paragraph (1) there shall be substituted...
22.In Article 13(1), for the word “registered" there shall be...
23.In Article 14, after paragraph (2) there shall be inserted...
25.For Article 29 there shall be substituted the following Article—...
26.In Article 32, for paragraph (1) there shall be substituted...
27.For Article 36 there shall be substituted the following Article—...
28.For Article 37 there shall be substituted the following Article—...
Part I Amendments of Enactments
Tribunals and Inquiries Act 1992
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Social Security Contributions and Benefits (Northern Ireland) Act 1992
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