Transitional provisions4
A friendly society to which subsection (2) of section 96 of the 1992 Act applies may, notwithstanding the amendments made to section 7(1) of the 1974 Act by paragraph 4 of Schedule 16 to the 1992 Act, and the repeal of Schedule 1 to the 1970 Act by Part II of Schedule 22 to the 1992 Act, continue to provide for any of the purposes specified in Schedule 1 to the 1970 Act which it may undertake under its rules until is has altered its rules to enable it to provide for any purpose falling within Schedule 2 to the 1992 Act or until 1st January 1995, whichever is the earlier.