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Friendly Societies Act 1974

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This is the original version (as it was originally enacted).

6(1)Any endowment policy issued before 1st January 1924 which would have been in force on that date if the Industrial Assurance and Friendly Societies Act 1929 had been in operation on and from the date on which the policy was issued shall be deemed for the purposes of section 75 of this Act to have been in force on 1st January 1924 and, in the case of a policy of the description mentioned in paragraph 2 of Schedule 6 to this Act, to have been issued in accordance with section 1 of the said Act of 1929, and as respects any endowment policy in force on, or issued since, 1st January 1924 and before 10th May 1929, the said Act of 1929 shall be deemed to have been in operation on and from the date on which the policy was issued. In this sub-paragraph " endowment policy " and " policy " have the same meanings respectively as in section 75 of this Act.

(2)This paragraph in its application to collecting societies shall be construed as one with the Industrial Assurance Acts 1923 to 1968.

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