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Prospective
Textual Amendments
F1Schs. 17-19 shall cease to have effect (17.8.2001 for specified purposes and otherwiseprosp.) by virtue of S.I. 2001/2617, arts. 2(a), 8(1), 13(1), Sch. 3 para. 130 (with art. 13(3), Sch. 5) and are repealed (prosp.) by S.I. 2001/2617, arts. 2(b), 13(2), Sch. 4 (with art. 13(3), Sch. 5)
9In section 11 (special provision for future benefits under long term policies) after [F2subsection (3A)] there shall be inserted the following subsection—
[F3“(3B)]This section applies to a long term policy of a closing society as it applies to a long term policy of a company in liquidation but—
(a)with the addition at the end of subsection (3) above of the words “subject to the giving up of any right to a payment on dissolution of the society"; and
[F4(b)in subsection (5)(b) below, with the insertion after the words “this Act applies" of the words “or authorised friendly society",”][F5and in subsection (5)(a) for “another" there shall be substituted “an"]
Textual Amendments
F2Words in Sch. 17 para. 9 substituted (19.3.1997) by 1997 c. 18, ss. 20, 23(2), Sch. 4 para. 5(a)
F3Words in Sch. 17 para. 9 renumbered (19.3.1997) by 1997 c. 18 ss. 20, 23(2), Sch. 4 para. 5(b)
F4Words in Sch. 17 para. 9 substituted (19.3.1997) by 1997 c. 18, ss. 20, 23(2), Sch. 4 para. 5(b)
F5Words in Sch. 17 para. 9 inserted (19.3.1997) by 1997 c. 18, ss. 20, 23(2), Sch. 4 para. 5(c)
Textual Amendments
F1Schs. 17-19 shall cease to have effect (17.8.2001 for specified purposes and otherwiseprosp.) by virtue of S.I. 2001/2617, arts. 2(a), 8(1), 13(1), Sch. 3 para. 130 (with art. 13(3), Sch. 5) and are repealed (prosp.) by S.I. 2001/2617, arts. 2(b), 13(2), Sch. 4 (with art. 13(3), Sch. 5)
9In section 11 (special provision for future benefits under long term policies) after [F2subsection (3A)] there shall be inserted the following subsection—
[F3“(3B)]This section applies to a long term policy of a closing society as it applies to a long term policy of a company in liquidation but—
(a)with the addition at the end of subsection (3) above of the words “subject to the giving up of any right to a payment on dissolution of the society"; and
[F4(b)in subsection (5)(b) below, with the insertion after the words “this Act applies" of the words “or authorised friendly society",”][F5and in subsection (5)(a) for “another" there shall be substituted “an"]
Textual Amendments
F2Words in Sch. 17 para. 9 substituted (19.3.1997) by 1997 c. 18, ss. 20, 23(2), Sch. 4 para. 5(a)
F3Words in Sch. 17 para. 9 renumbered (19.3.1997) by 1997 c. 18 ss. 20, 23(2), Sch. 4 para. 5(b)
F4Words in Sch. 17 para. 9 substituted (19.3.1997) by 1997 c. 18, ss. 20, 23(2), Sch. 4 para. 5(b)
F5Words in Sch. 17 para. 9 inserted (19.3.1997) by 1997 c. 18, ss. 20, 23(2), Sch. 4 para. 5(c)