Friendly Societies Act 1955

4 Power to register old people's home societies

(1) In section eight of the principal Act, after paragraph (4) there shall be inserted the following paragraph:—

“(4A) Societies (in this Act called old people's home societies) for the purpose of providing homes for the members and others in old age (which shall mean any age after fifty).”

(2) In the following provisions of the principal Act, after the words " working-men's club " there shall be inserted the words " old people's home society " or the words " or old people's home society ", as the case may require, that is to say:—

(a) subsection (4) of section twenty-eight (which excepts certain societies from the obligation to have a quinquennial valuation of their assets and liabilities);

(b) subsection (1) of section fifty-six (which enables a member of a registered society, other than a benevolent society or working-men's club, to dispose of sums payable on his death by nomination);

(c) subsection (2) of section ninety-six (which provides that fees shall not be payable on the registry of certain societies or of an amendment of their rules);

(d) the form of acknowledgment of registry of a society in Part I of the Second Schedule.