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24. –
(1) The Friendly Societies Act 1974 shall be amended as follows.
(2) In section 36 (qualified auditors), in subsection (1) for the words from “he is either a member” to the end substitute “he is eligible for appointment as a company auditor under section 25 of the Companies Act 1989.”.
(3) In section 37 (restrictions on appointment of auditors), omit sub-paragraph (c) of paragraph (1) and paragraph (2).
1974 c. 46. Section 36 of the Friendly Societies Act 1974 has been amended by section 30 of and Schedule 2 to the Companies Consolidation (Consequential Amendments) Act 1985. That amendment is superseded by these Regulations.
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