http://www.legislation.gov.uk/uksi/1994/1983/contents

The Friendly Societies (Accounts and Related Provisions) Regulations 1994

Accountancy

FRIENDLY SOCIETIES

2024-06-13

Statute Law Database

1994-07-20

These Regulations prescribe the format and content of the annual accounts and committee of management report which must be prepared in respect of friendly societies or of friendly societies and their subsidiaries and jointly controlled bodies as a whole. In respect of societies to which the Insurance Directives apply, these Regulations also implement Council Directive 91/674 on the annual accounts and consolidated accounts of insurance undertakings. The requirements of the Directive are imposed on friendly societies whose contribution income exceeds the thresholds set out in section 37 of the Act, on all incorporated societies and on societies which conduct reinsurance business.