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SCHEDULE 4Amendments of the Friendly and Industrial and Provident Societies Act 1968

2.—(1) In the provisions listed in paragraph (2), for “Authority” substitute “FCA”.

(2) The provisions are—

(a)section 3A(11)(1) (publication of accounts and balance sheets of societies);

(b)section 4(2) (obligation to appoint auditors);

(c)section 4A(3) (power of societies to disapply section 4);

(d)section 9C(4) (power to require accounts for past years to be audited);

(e)section 11(3)(5) (amendments relating to annual returns of societies);

(f)section 12(3)(6) (consequential amendment of rules by societies);

(g)section 13(4), (6) and (7)(7) (group accounts of industrial and provident societies); and

(h)section 14(8) (exemption from requirements in respect of group accounts).

(1)

Section 3A was inserted by S.I. 1999/1738; subsection (11) was amended by S.I. 2001/2617.

(2)

Section 4 was amended by Schedule 11 to the Friendly Societies Act 1974 (c.46), and S.I. 2001/2617. There are other amending instruments, but none is relevant.

(3)

Section 4A was inserted by S.I. 1996/1738 and amended by S.I. 2001/2617. There are other amending instruments, but none is relevant.

(4)

Section 9C was inserted by S.I. 1996/1738 and amended S.I. 2001/2617.

(5)

Section 11 was amended by Schedule 11 to the Friendly Societies Act 1974, S.I. 1996/1738 and S.I. 2001/2617.

(6)

Section 12 was amended by Schedule 11 to the Friendly Societies Act 1974 and by S.I. 2001/2617.

(7)

Section 13 was amended by S.I. 2001/2617 and S.I. 2011/593.

(8)

Section 14 was amended by S.I. 1996/1738 and S.I. 2001/2617.