Prospective

SCHEDULES

SCHEDULE 4 U.K. Friendly societies: consequential amendments

Part I U.K. Amendments of Schedule 17 to the Friendly Societies Act 1992

8 (1) Paragraph 18 shall be amended as follows.

(2) For sub-paragraph (3) there shall be substituted—

“(3) In subsection (2), for “subsection (2ZA)” there shall be substituted “subsections (2ZA) to (2ZC)”.”

(3) In sub-paragraph (4)—

(a) for “subsection (2)” there shall be substituted “ subsection (2ZA) ”, and

(b) the subsections inserted in section 32 of the 1975 Act shall be renumbered “ (2ZB) ” and “ (2ZC) ” respectively.

(4) After that sub-paragraph there shall be inserted—

“(4A) In subsection (2A), in paragraph (c)—

(a) after “policies” there shall be inserted “, or contracts,”, and

(b) at the end there shall be inserted “, or entered into the contract”.

(4B) In subsection (2B), after “policy”, in both places, there shall be inserted “or contract”.”