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The Friendly Societies Act 1992 (Commencement No.6 and Transitional Provisions) Order 1993

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Article 2(1)

SCHEDULE 2PROVISIONS OF THE 1992 ACT COMING INTO FORCE FOR ALL REMAINING PURPOSES ON 13TH SEPTEMBER 1993

(1)(2)
Provisions of the ActSubject matter of provisions
Section 27(5), to the extent that it relates to the provision of Part II of Schedule 11 specified in this ScheduleDealings with members of committees of management
Section 30, to the extent that it relates to the provision of Schedule 12 specified in this ScheduleMeetings and resolutions
Section 32, except subsection (7)Grant of authorisation by Commission: general
Section 33Applications from certain existing friendly societies
Sections 34 and 35Grant of unconditional or conditional authorisation and extension of current authorisation
Sections 36 to 43Imposition of conditions on current authorisation, restriction on combinations of business, restriction on commercial business, power to direct application for fresh authorisation, withdrawal of authorisation in respect of new business, withdrawal of authorisation to carry on insurance business, contracts effected in contravention of section 31(1) and interpretation of Part IV
Section 44(8)Power to make regulations prescribing qualifications for appointment of actuaries by societies with long term business
Section 45Valuation of assets and liabilities
Section 46, subsections (1), (3) and (8)Annual investigation into condition of certain societies
Section 49(1)Failure to maintain margin of solvency in accordance with regulations
Section 50Criteria of prudent management
Section 70, subsections (5), (6) and (7)Power to make regulations concerning contents and form of annual accounts
Section 72(2), to the extent that it relates to the provision of Schedule 14 specified in this ScheduleAuditors
Section 95, to the extent that it relates to the provision of Schedule 16 specified in this ScheduleAmendments of Friendly Societies Act 1974
Section 100, to the extent that it relates to the provision of Part I of Schedule 19 specified in this ScheduleIndustrial assurance
In Part II of Schedule 11, paragraph 16Power to prescribe series of monetary amounts by order
In Schedule 12, paragraph 7Special resolutions
Schedule 13Authorisation: supplementary provisions
In Schedule 14, paragraph 17Remuneration of auditors and their associates for non-audit work
In Schedule 16, paragraph 32 (except subsection (8) of section 84A)Amendment of Friendly Societies Act 1974
In Part I of Schedule 19, paragraph 14Amendment of Industrial Assurance and Friendly Societies Act 1948

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