SCHEDULES

SCHEDULE 10 Application of Companies Winding Up Legislation to Incorporated Friendly Societies

Part III Modified Application of Insolvency (Northern Ireland) Order 1989

Penal provisions

65

1

Where a report is made to the prosecuting authority (within the meaning of Article 182) under Article 182(5) of the Order, in relation to an officer of an incorporated friendly society, he may, if he thinks fit, refer the matter to the F1FCA for further enquiry.

2

On such a reference to it the F1FCA shall exercise its power under section 65(1) above to appoint one or more investigators to investigate and report on the matter.

3

An answer given by a person to a question put to him in exercise of the powers conferred by section 65 above on a person so appointed may be used in evidence against the person giving it.