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.