Policyholders Protection Act 1997

5In paragraph 9—

(a)for “subsection (3)” there shall be substituted “subsection (3A)”,

(b)the subsection inserted in section 11 of the 1975 Act shall be renumbered “(3B)” and, in that subsection, for paragraph (b) there shall be substituted—

(b)in subsection (5)(b) below, with the insertion after the words “this Act applies” of the words “or authorised friendly society”,, and

(c)at the end there shall be inserted “and in subsection (5)(a) for “another” there shall be substituted “an””.