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SCHEDULES

SCHEDULE 3Establishment, Incorporation and Constitution of Incorporated Friendly Societies

The memorandum

4(1)The memorandum of an incorporated friendly society shall—

(a)specify the name of the society;

(b)state whether the registered office of the society is to be situated in England and Wales, or in Scotland, or in Northern Ireland;

(c)specify the address of its registered office;

(d)state the purposes of the society and the extent of its powers; and

(e)if any of those purposes are to include the carrying on of any business outside the United Kingdom, state with respect to those purposes that that is the case.

(2)The choice stated in a society’s memorandum in pursuance of sub-paragraph (1)(b) above may not be altered by the society.

(3)In this Act, in relation to an incorporated friendly society, “memorandum” means the memorandum registered under paragraph 3 above, including the record of any alteration under paragraph 6 below.