Financial Services and Markets Act 2000

Valid from 01/12/2001

The Friendly Societies Act 1974 (c.46) U.K.

1 U.K. Omit sections 4 (provision for separate registration areas) and 10 (societies registered in one registration area carrying on business in another).

2 U.K. In section 7 (societies which may be registered), in subsection (2)(b), for “in the central registration area or in Scotland” substitute “ in the United Kingdom, the Channel Islands or the Isle of Man ”.

3 U.K. In section 11 (additional registration requirements for societies with branches), omit “and where any such society has branches in more than one registration area, section 10 above shall apply to that society”.

4 U.K. In section 99(4) (punishment of fraud etc and recovery of property misapplied), omit “in the central registration area”.