Amendment of the Friendly and Industrial and Provident Societies Act 1968
This section has no associated Explanatory Memorandum
2.—(1) Section 4A of the Friendly and Industrial and Provident Societies Act 1968(1) (power of societies to disapply section 4) is amended as follows.
(2) In subsection (1)(a), for “£1,400,000” substitute “£2,800,000”.
(3) In subsection (1)(b), for “£350,000” substitute “£5,600,000”.
(1)
Section 4A was inserted by S.I. 1996/1738.