SCHEDULES
SCHEDULE 4 Friendly societies: consequential amendments
Part I Amendments of Schedule 17 to the Friendly Societies Act 1992
2
For paragraph 3 there shall be substituted—
3
1
Section 4 (protection confined to insurance under qualifying policies of protected risks or commitments) shall be amended as follows.
2
In subsection (2), at the end there shall be inserted , and
c
a contract of insurance with a friendly society entered into through an establishment in—
i
the United Kingdom,
ii
another EEA State, or
iii
the Channel Islands or the Isle of Man.
3
In subsection (3)—
a
in paragraph (a), after “above” there shall be inserted “, or a contract falling within subsection (2)(c)(i) above”,
b
in paragraph (b), after “above” there shall be inserted “, or a contract falling within subsection (2)(c)(ii) above”, and
c
in paragraph (c), after “above” there shall be inserted “or a contract falling within subsection (2)(c)(iii) above”.