SCHEDULES

SCHEDULE 18U.K. Mutuals

Part IIU.K. Friendly Societies: Subsidiaries and Controlled Bodies

Bodies controlled by societiesU.K.

11U.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;.