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Friendly Societies Act 1992
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- UK Public General Acts
- 1992 c. 40
- SCHEDULE 15
- Part II
- Confirmation of amalgamations
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This is the original version (as it was originally enacted).
Confirmation of amalgamations
11The Commission shall not confirm an amalgamation unless it is satisfied—
(a)that the successor society will be able to carry on the business of the amalgamating societies in the United Kingdom without authorisation under section 32 above; or
(b)that there is no substantial risk that the successor society will not be granted such authorisation under that section as will permit it to carry on that business in the United Kingdom.
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