SCHEDULES
SCHEDULE 10 Application of Companies Winding Up Legislation to Incorporated Friendly Societies
Part I General Mode of Application
3
1
Subject to the following provisions of this Schedule, the enactments shall, in their application to incorporated friendly societies, have effect with the substitution—
a
for “company" of “
incorporated friendly society
”
;
b
for “directors" of “
committee of management
”
;
c
for “the registrar of companies" or “
the registrar
”
of “
the F1Financial Services Authority
”
; and
d
for “the articles" of “
the rules
”
.
2
Subject to the following provisions of this Schedule in the application of the enactments to incorporated friendly societies—
F2aa
every reference to a company registered in Scotland shall have effect as a reference to an incorporated friendly society whose registered office is situated in Scotland;
a
every reference to the officers, or to a particular officer, of a company shall have effect as a reference to the officers, or to the corresponding officer, of the incorporated friendly society and as including a person holding himself out as such an officer;
b
every reference to a director of a company shall be construed as a reference to a member of the committee of management; and
c
every reference to an administrator, an administration order, an administrative receiver, a shadow director or a voluntary arrangement shall be omitted.