- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
2. Schedule 7 to the Friendly Societies Act 1992 (which relates to activities which may be carried on by a subsidiary of or body jointly controlled by an incorporated friendly society) is amended by inserting—
(a)at the end of paragraph 10, the words “or paragraph 11 or 12 below”; and
(b)after paragraph 10, the following paragraphs—
“11. The carrying on of a business which is a deposit-taking business within the meaning of the Banking Act 1987(1) but only to the extent that money which is received as a deposit, or money which is lent, is received from, or lent to, an individual.
12. The carrying on of insurance business which is general business within the meaning of the Insurance Companies Act 1982(2) but only to the extent that a contract of insurance which is effected or carried out is a contract which is effected with an individual.”
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include: