Friendly Societies Act 1992

5 (1) An application by a friendly society for confirmation by the [F1 Authority]—

(a) of an amalgamation under section 85 above,

(b) of a transfer of engagements of a friendly society under section 86 above, or

(c) of the conversion of a friendly society into a company under section 91 above,

shall be made in such manner as [F2 the Authority may direct].

(2) An application for confirmation of an amalgamation shall be made jointly by the friendly societies concerned.

[F3 (3) The [F4 Authority] may, on the application or with the consent of a friendly society, direct in relation to any provision of regulations made for the purposes of sub-paragraph (1) above that the provisions shall not apply to the society, or shall apply to it with such modifications as may be specified in the direction.

F3 (4) A direction under sub-paragraph (3) above may be subject to conditions.

F3 (5) A direction under sub-paragraph (3) above may be revoked by the [F4 Authority] at any time; and the [F4 Authority] may at any time vary any such direction on the application or with the consent of the society to which it applies.

F3 (6) Where the [F4 Authority]—

(a) makes a direction under subsection (3) above, or

(b) revokes or varies such a direction,

it shall cause the direction, variation or revocation to be entered on a register kept by it for the purposes of this subsection.

F3 (7) The register kept for the purposes of subsection (6) above shall be available for inspection on reasonable notice by members of the public.

F3 (8) The [F5 Authority shall keep] a copy of—

(a) any direction made by it under subsection (3) above, and

(b) any revocation or variation of any such direction,

[F6 and the central office shall keep the copy] in the public file of the society to which it relates.]

Textual Amendments

F1 Word in Sch. 15 para. 5(1) substituted (17.8.2001 for specified purposes and otherwiseprosp.) by S.I. 2001/2617, arts. 2(a), 8(1), 13(1), Sch. 3 para. 128(e)(i) (with art. 13(3), Sch. 5)

F2 Words in Sch. 15 para. 5(1) substituted (17.8.2001 for specified purposes and otherwiseprosp.) by S.I. 2001/2617, arts. 2(a), 8(1), 13(1), Sch. 3 para. 128(e)(ii) (with art. 13(3), Sch. 5)

F3 Sch. 15 para. 5(3)-(8) inserted (1.8.1996) by S.I. 1996/1188, art. 8

F4 Words in Sch. 15 para. 5(3)-(6) substituted (17.8.2001 for specified purposes and otherwiseprosp.) by S.I. 2001/2617, arts. 2(a), 8(1), 13(1), Sch. 3 para. 128(f) (with art. 13(3), Sch. 5)

F5 Words in Sch. 15 para. 5(8) substituted (17.8.2001 for specified purposes and otherwiseprosp.) by S.I. 2001/2617, arts. 2(a), 8(1), 13(1), Sch. 3 para. 128(g)(i) (with art. 13(3), Sch. 5)

F6 Words in Sch. 15 para. 5(8) omitted (17.8.2001 for specified purposes and otherwiseprosp.) by virtue of S.I. 2001/2617, arts. 2(a), 8(1), 13(1), Sch. 3 para. 128(g)(ii) (with art. 13(3), Sch. 5) and is repealed (prosp.) by S.I. 2001/2617, arts. 2(b), 13(2), Sch. 4 (with art. 13(3), Sch. 5)