Financial Services and Markets Act 2000 (c. 8)

SCHEDULES

SCHEDULE 18 U.K. Mutuals

Part II U.K. Friendly Societies: Subsidiaries and Controlled Bodies

Bodies controlled by societies U.K.

11 U.K. In section 13(9) (defined terms), after paragraph (a) insert—

“(aa) an incorporated friendly society also has control of a body corporate if the body corporate is itself a body controlled in one of the ways mentioned in paragraph (a)(i), (ii) or (iii) by a body corporate of which the society has control;”.