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The Friendly Societies (Insurance Business No. 2) Regulations 1993
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- UK Statutory Instruments
- 1993 No. 2520
- PART VII
- Regulation 49
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Annual investigation: signature of copy of abstract
49.—(1) For the purposes of section 46(3) of the 1992 Act (signature of a copy of an abstract of an actuary’s report), one copy of the abstract of the actuary’s report shall be signed by the following persons:
(a)the actuary who prepared the report;
(b)the chief executive;
(c)the secretary; and
(d)subject to paragraph (2) below, one member of the committee of management.
(2) Where the offices of chief executive and secretary are held by the same person, the copy of the abstract shall be signed, in addition to the persons referred to in paragraph (1)(a) and (b) above, by two members of the committee of management.
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