PART 6ENACTMENTS RELATING TO MUTUAL SOCIETIES

CHAPTER Iprimary legislation

Friendly Societies Act 1992 (c. 40)

Miscellaneous amendments203

1

The Friendly Societies Act 1992 is amended as follows.

2

In section 85(3) (amalgamation of friendly societies), for the words “central office” substitute “Authority”.

3

In section 89 (power of Commission to alter requirements for transfer by friendly society) for subsection (7) substitute—

7

The Authority shall keep a copy of any direction given under this section in the public file of the society concerned.

4

In section 90(8) (power of Commission to effect transfer of engagements) for the words from the beginning to “who” substitute “If the Authority gives a direction it shall keep a copy of that direction and”.

5

In section 104 (public file of a friendly society)—

a

in subsection (1)(b) for the words “on payment of the fee prescribed under section 114 below”, substitute “subject to subsection (2A) below”;

b

in subsection (2) for the words “on payment of the fee so prescribed” substitute “subject to subsection (2A) below”.

6

In Schedule 3 to the Financial Services and Markets Act 2000 (Mutual Societies) Order 2001, paragraphs 99(b), 100(f) and 108(b) are revoked.