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This is the original version (as it was originally enacted).

SECOND SCHEDULEAmendments consequential on sections one to three

Enactment to be amended.Amendment.Provisions of this Act on which amendment is consequential.
The Friendly Societies Act, 1896 (59 & 60 Vict. c. 25):—Section eight, subsection (1), paragraph (b).

After " on the death of a member " add

or of the husband or wife of a member, or (subject to the provisions of section two of the Industrial Assurance and Friendly Societies Act, 1948) of a parent or grandparent of a member.

Section two. Section three.

For ''or for the funeral expenses " substitute

or (subject to the provisions of section one of the Industrial Assurance and Friendly Societies Act, 1948) for the funeral expenses.

Section one.
Section eight, subsection (1).

After paragraph (d) insert the following paragraph—

" (dd) insuring money to be paid to the member on the duration for a specified period of the life of the member or of the husband or wife of the member, either with or without provision for the payment of money in the event of his or her death before the expiration of that period ; or ".

Section three.
The Industrial Assurance Act, 1923 (13 & 14 Geo. 5. c. 8) :—Section three

At the beginning add

Subject to the provisions of sections one and two of the Industrial Assurance and Friendly Societies Act, 1948.

Section one. Section two.
Section twenty, subsection (1).

At the expiration of one year from the day appointed for the coining into operation of section twenty-two of the National Insurance Act, 1946, substitute for paragraph (b) the following paragraph—

(b) where the policy assures a payment of money on the death of a parent or grandparent and is effected in exercise of the power conferred by subsection (1) of section two of the Industrial Assurance and Friendly Societies Act, 1948; or.

Section one. Section two.

The Industrial Assur-ance and Friendly Societies Act, 1929 (19 & 20 Geo. 5. c. 28) :—

Section one, sub-subsection (1).

At the beginning add

Subject to the provisions of sections one and two of the Industrial Assurance and Friendly Socie-ties Act, 1948.

Section one. Section two.

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