http://www.legislation.gov.uk/uksi/2005/2211/article/6/made

The Friendly Societies Act 1992 (International Accounting Standards and Other Accounting Amendments) Order 2005

Friendly societies

Accountancy

King's Printer of Acts of Parliament

2016-04-20

FRIENDLY SOCIETIES

This Order makes provision to give effect to:Regulation (EC) 1606/2002 of the European Parliament and of the Council, on the application of international accounting standards (OJ L 243, 11/09/2002 pp.1 – 4) (“the IAS Regulation”) in relation to friendly societies; andParts of Directive 2003/51/EC of the European Parliament and of the Council amending Directives 78/660/EEC, 83/349/EEC, 86/635/EEC and 91/674/EEC as regards modernising the annual and consolidated accounts of certain types of companies, banks and other financial institutions to bring the preparation of those accounts more into line with international accounting standards (OJ L 178, 17/07/2003, pp.16 – 22) (“the Modernisation Directive”), in relation to friendly societies.