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”.