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The Friendly Societies (Insurance Business) Regulations 1994

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Annual investigation: signature of copy of abstract

61.—(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 paragraphs (1)(a) and (b) above, by two members of the committee of management.

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