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Industrial Assurance and Friendly Societies Act 1948

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This is the original version (as it was originally enacted).

2For subsection (2) of section ten of the Provident Nominations and Small Intestacies Act, 1883, there shall be substituted the following subsection :—

(2)The directors may, before paying any sum under this Act without probate or letters of administration on the death of any person entitled to make a nomination under this Act or the Acts hereby amended, require a statutory declaration by the claimant, or by one of the claimants, that the principal value of the estate of the deceased, including the sum in question, does not after deduction of debts and funeral expenses exceed one hundred pounds.

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