SCHEDULES

SCHEDULE 3 Establishment, Incorporation and Constitution of Incorporated Friendly Societies

The memorandum

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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.