The Friendly and Industrial and Provident Societies Act 1968 (Audit Exemption) (Amendment) Order 2006 No.

Amendment of the Friendly and Industrial and Provident Societies Act 1968

2.—(1) Section 4A of the Friendly and Industrial and Provident Societies Act 1968(1) (power of societies to disapply section 4) is amended as follows.

(2) In subsection (1)(a), for “£1,400,000” substitute “£2,800,000”.

(3) In subsection (1)(b), for “£350,000” substitute “£5,600,000”.

(1)

Section 4A was inserted by S.I. 1996/1738.