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- Point in Time (01/01/1993)
- Original (As enacted)
Point in time view as at 01/01/1993. This version of this cross heading contains provisions that are not valid for this point in time.
There are currently no known outstanding effects for the Friendly Societies Act 1992, Cross Heading: Activities.
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Valid from 01/02/1993
1The establishment and management of personal equity plans within the meaning of the M1Finance Act 1986.
Marginal Citations
Valid from 19/10/1998
[F11AThe establishment and management, or arranging for the establishment and management, of individual savings accounts; and in this paragraph “individual savings accounts" means plans of a kind referred to in section 333(1A) of the Income and Corporation Taxes Act 1988 F2.]
Textual Amendments
F1Sch. 7, para. 1A inserted (19.10.1998) by S.I. 1998/2328 art. 2
F21988 c. 1. Subsection (1A) was added to s. 333 by section 75(1) of the Finance Act 1998 (c. 36). The Individual Savings Accounts Regulations 1998 (S.I. 1998/1870) make detailed provision for the operation of individual savings accounts. Other relevant regulations are S.I.s 1998/1869, 1998/1871 and 1998/1872.
2The establishment and management of unit trust schemes within the meaning of the M2Financial Services Act 1986.
Marginal Citations
3The carrying on of long-term or general business.
4Arranging for the provision of, or giving advice as to, insurance of any description.
5Arranging for the provision of credit, whether as agents for the borrower or the person providing credit and the provision of services in connection with current loan agreements to the person providing credit.
6The provision of fund management services for trustees of pension funds.
7The administration of estates and the execution of trusts of wills.
8The provision of executry services (within the meaning of Part II of the M3Law Reform (Miscellaneous Provisions) (Scotland) Act 1990) where the subsidiary or body is an executry practitioner (within the meaning of that Part of that Act) and the administration of testamentary trusts.
Marginal Citations
9The establishment and management of—
(a)sheltered housing,
(b)residential homes for the elderly,
(c)hospitals, or
(d)nursing homes or mental nursing homes (within the meaning of the M4Registered Homes Act 1984) or, in Northern Ireland, nursing homes (within the meaning of the M5Nursing Homes and Nursing Agencies Act (Northern Ireland) 1971),
and the provision of medical, administrative or other services for persons owning or managing any of them.
10The provision of administrative services for friendly societies or other bodies whose business consists of any activity falling within paragraphs 1 to 9 above.
Valid from 01/01/1996
[F311The carrying on of a business which is a deposit-taking business within the meaning of the Banking Act 1987 M6 but only to the extent that money which is received as a deposit, or money which is lent, is received from, or lent to, an individual.]
Textual Amendments
F3Sch. 7 para. 11 inserted (1.1.1996) by S.I. 1995/3062 art. 2(b)
Marginal Citations
Valid from 01/01/1996
[F412The carrying on of insurance business which is general business within the meaning of the Insurance Companies Act 1982 M7 but only to the extent that a contract of insurance which is effected or carried out is a contract which is effected with an individual.]
Textual Amendments
F4Sch. 7 para. 12 inserted (1.1.1996) by S.I. 1995/3062 art. 2(b)
Marginal Citations
Valid from 06/01/1997
[F513 The establishment and management of investment companies with variable capital falling within regulation 3(1) of the Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations 1996 M8 (an open-ended investment company).]
Textual Amendments
F5Sch. 7 para. 13 inserted (6.1.1997) by S.I. 1996/3009, art. 2(c)
Marginal Citations
Valid from 06/01/1997
[F614 The establishment and management of companies which are approved as investment trusts for the purposes of section 842 of the Income and Corporation Taxes Act 1988 M9.]
Textual Amendments
F6Sch. 7 para. 14 inserted (1.6.1997) by S.I. 1996/3009 art. 2(c)
Marginal Citations
Valid from 01/12/1998
[F715Arranging for the provision of banking services by a UK institution or a European institution, and providing services in pursuance of such arrangements; and in this paragraph “UK institution" and “European institution" have the same meaning as in the Banking Co-ordination (Second Council Directive) Regulations 1992 F8, and “banking services" means such services as are ordinarily provided in the course of or in connection with a business which is a deposit-taking business for the purposes of the Banking Act 1987 F9.]
Textual Amendments
F7Sch. 7 para. 15 inserted (1.12.1998) by S.I. 1998/2696, art. 2(c)
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