PART 6ENACTMENTS RELATING TO MUTUAL SOCIETIES
CHAPTER Iprimary legislation
Friendly Societies Act 1974 (c. 46)
Power of societies to disapply obligation to appoint auditors186
1
Section 32A of the Friendly Societies Act 1974130 (power of societies to disapply section 31) is amended as follows.
2
In subsection (3) the words “within the meaning of the Banking Act 1987” are repealed.
3
After that subsection, insert—
3A
In subsection (3) the reference to a deposit must be read with—
a
section 22 of the Financial Services and Markets Act 2000;
b
any relevant order under that section;
c
Schedule 2 to that Act.