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5(1)On granting authorisation to a friendly society the Commission shall send a copy of the terms of the authorisation—
(a)to the secretary of the society; and
(b)to the central office;
and the central office shall keep a copy of those terms in the public file of the society.
(2)Where the terms of a society’s authorisation are superseded by the grant of authorisation—
(a)on an application to which section 35 above applies, or
(b)on an application required by a direction under section 39 above,
the central office shall, on placing the copy of the terms of the authorisation on the public file of the society under sub-paragraph (1) above, indicate on the copy of the previous terms kept on that file that they have been superseded.
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