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Friendly Societies Act 1992
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- 1992 c. 40
- SCHEDULE 10
- Part III
- Voluntary winding up
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Changes and effects yet to be applied to Schedule 10 Part III Crossheading Voluntary-winding-up:
Changes and effects
This section lists the changes and effects yet to be applied to the specific provision you are viewing.
- s. 74-74C substituted for s. 74 by S.I. 2008/1140 art. 5
Changes and effects yet to be applied to the whole Act, associated Parts and Chapters:
Changes and effects
This section lists the changes and effects yet to be applied to the whole Act, associated Parts and Chapters where applicable. This includes any insertions of whole new Parts, Chapters or provisions yet to be inserted into this Act. These effects are included in this view as they may be (but won’t necessarily be) relevant to the specific provision that you are viewing.
- Blanket amendment text amended by S.I. 2011/1043 art. 3 6
- Blanket Amendment words substituted by 2005 c. 4 Sch. 11 para. 5
Whole provisions yet to be inserted into this Act (including any effects on those provisions):
- s. 69A-69I substituted for s. 69 70 by S.I. 2005/2211 art. 2
- s. 69A(4) text amended by S.I. 2007/126 Sch. 6 para. 10(2)
- s. 69E(5) text amended by S.I. 2007/126 Sch. 6 para. 10(3)
- s. 69I(2)(a) text amended by S.I. 2008/948 Sch. 1 para. 183
- s. 69J-69K inserted by S.I. 2005/2211 Sch. para. 2
- s. 69L inserted by S.I. 2008/1140 art. 3
- s. 69M inserted by S.I. 2008/1140 art. 4(1)
- s. 71A inserted by S.I. 2005/2211 art. 4
- s. 78A inserted by S.I. 2005/2211 Sch. para. 3
- s. 78A(1) text amended by S.I. 2008/1140 art. 7(1)
- s. 78A(1) text amended by S.I. 2008/948 Sch. 1 para. 15(2)
- s. 78A(1) text amended by S.I. 2008/948 Sch. 1 para. 184
- s. 78A(3) inserted by S.I. 2008/948 Sch. 1 para. 15(3)
- s. 105A inserted by S.I. 2003/2867 reg. 2 Sch. para. 20
- s. 119AA 119AB inserted by S.I. 2011/593 art. 4(2)
- Sch. 13D-13E inserted by S.I. 2005/2211 Sch. para. 6
- Sch. 13D para. 12 omitted by S.I. 2008/1140 art. 4(3)
- Sch. 13E para. 3(2)(a) text amended by S.I. 2008/948 Sch. 1 para. 186(2)
- Sch. 13E para. 7(3)(a) text amended by S.I. 2008/948 Sch. 1 para. 186(2)
- Sch. 13E para. 9(5) text amended by S.I. 2008/948 Sch. 1 para. 186(3)(a)
- Sch. 13E para. 9(6)(a) text amended by S.I. 2008/948 Sch. 1 para. 186(3)(b)
- Sch. 13E para. 9(6)(b) text amended by S.I. 2008/948 Sch. 1 para. 186(3)(a)
- Sch. 13E para. 11(2)(a) text amended by S.I. 2008/948 Sch. 1 para. 186(2)
- Sch. 13E para. 15(2)(a) text amended by S.I. 2008/948 Sch. 1 para. 186(2)
- Sch. 13E para. 18(2)(a) text amended by S.I. 2008/948 Sch. 1 para. 186(2)
- Sch. 13F inserted by S.I. 2008/1140 Sch. 1 para. 1
Commencement Orders yet to be applied to the Friendly Societies Act 1992:
Commencement Orders
This section lists the commencement orders yet to be applied to the whole Act. These effects are included in this view as they may be (but won’t necessarily be) relevant to the specific provision that you are viewing. Where applicable the commencement orders are listed under two headings, firstly those that bring some part of the Act you are viewing into force and secondly, those that bring into force legislation that affects some part of the legislation you are viewing. If you are viewing a prospective version or there is a prospective version available there may be commencement orders listed here that are relevant to the provision you are viewing.
Commencement Orders bringing legislation that affects this Act into force:
- S.I. 2004/3322 art. 2 Sch. 1-3 commences (1989 c. 40 and 2004 c. 27)
- S.I. 2005/910 art. 3 commences (2003 c. 39)
- S.I. 2005/3175 art. 2 3 commences (2004 c. 33)
- S.I. 2009/36 art. 2 commences (2007 c. 26)
- S.I. 2009/1604 art. 2 commences (2005 c. 4)
- S.I. 2009/3250 art. 2 commences (2007 c. 29)
Voluntary winding upE+W+S+N.I.
41(1)Article 70 of the Order does not apply.E+W+S+N.I.
(2)In the enactments as applied to an incorporated friendly society, the expression “resolution for voluntary winding up” means a resolution passed under section 21(1) above.
42Article 74 shall have effect with the omission of the words from the beginning to “and".E+W+S+N.I.
43(1)Paragraph (1) of Article 75 shall have effect as if for the words from the beginning to “meeting" there were substituted the words—E+W+S+N.I.
“(1)Where it is proposed to wind up an incorporated friendly society voluntarily, the committee of management (or, in the case of an incorporated friendly society whose committee of management has more than two members, the majority of them) may at a meeting of the committee”.
(2)The reference to the directors in paragraph (2) shall be construed as a reference to members of the committee of management.
44Article 76 shall have effect as if for the words “directors’ statutory declaration in accordance with Article 75" there were substituted the words “ statutory declaration made in accordance with Article 75 by members of the committee of management ”.E+W+S+N.I.
45Article 81(1) and 82 shall have effect as if the word “directors"' were omitted from each of them.E+W+S+N.I.
46In paragraph (1) of Article 87 (appointment of liquidation committee) of the Order, the reference to functions conferred on a liquidation committee by or under that Order shall have effect as a reference to its functions by or under that Order as applied to incorporated friendly societies.E+W+S+N.I.
47(1)Article 93 (distribution of property) of the Order does not apply; and the following applies in its place.E+W+S+N.I.
(2)Subject to the provisions of Part V relating to preferential payments, an incorporated friendly society’s property in a voluntary winding up shall be applied in satisfaction of the society’s liabilities to creditors pari passu and, subject to that application, in accordance with the rules of the society.
48Articles 96 and 97 (liquidator accepting shares, etc. as consideration for sale of company property) of the Order do not apply.E+W+S+N.I.
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