SCHEDULES

SCHEDULE 4 Friendly societies: consequential amendments

Part II Application of the 1975 Act to existing contracts

16

In section 17—

a

in subsection (4)—

i

the words “Subject to subsection (4A) below,” shall be omitted, and

ii

for “is a qualifying policy” there shall be substituted “ was a United Kingdom policy at the relevant time as defined by section 16(6) above ”, and

b

subsection (4A) shall be omitted.