http://www.legislation.gov.uk/id/uksi/1993/16

http://www.legislation.gov.uk/uksi/1993/16/schedule/4/made

The Friendly Societies Act 1992 (Commencement No. 3 and Transitional Provisions) Order 1993

Friendly societies

King's Printer of Acts of Parliament

2015-02-26

FRIENDLY SOCIETIES

This Order brings into force the provisions of the Friendly Societies Act 1992 listed in Schedules 1 and 2 on 13th January 1993 and brings into force the provisions listed in Schedules 3 and 4 on 1st February 1993 for the purposes described in the respective Schedules or generally. The provisions listed in Schedule 1 concern the management and administration of friendly societies, the regulations of their business, and accounting and auditing requirements, and, with the exception of some of the listed provisions of Part IV of the 1992 Act, will only come into force for friendly societies incorporated under the 1992 Act. Specified provisions of Part IV of the 1992 Act concerning applications for and the grant of authorisation will also come into force for registered friendly societies which are seeking incorporation under the 1992 Act and apply for authorisation to carry on business as incorporated friendly societies. The provisions in Schedule 2 concern the settlement of disputes involving friendly societies and industrial and provident societies and documents and fees, and the provisions in Schedule 3 relate to the establishment, purposes, powers and dissolution of incorporated friendly societies and minor jurisdictional and regulatory matters applying to friendly societies generally. Schedule 4 lists provisions amending the Financial Services Act 1986 and the industrial assurance legislation for incorporated friendly societies and industrial assurance companies. The Order also contains transitional provisions relating to the settlement of disputes involving friendly societies and other societies registered under the Friendly Societies Act 1974, industrial and provident societies, industrial assurance companies and collecting societies and as to the procedural rights, requirements and obligations of friendly societies and their members and of collecting societies.

SCHEDULE 4PROVISIONS OF THE 1992 ACT COMING INTO FORCE ON 1ST FEBRUARY 1993

Article 2

(1)	(2)	(3)
Provisions of the Act	Subject matter of provisions	Purposes
Section 98	Amendment of the Financial Services Act 19867	Application of the Financial Services Act 1986 to incorporated friendly societies
Section 100, to the extent that it relates to any provision of Part I of Schedule 19 specified in this Schedule	Industrial assurance	Amendment of industrial assurance legislation in relation to incorporated friendly societies and industrial assurance companies
Schedule 18	Amendment of the Financial Services Act 1986	Application of the Financial Services Act 1986 to incorporated friendly societies
In Part I of Schedule 19, paragraphs 2(2), 3, 4, 5(1)(a), (b), (d) and (e), 5(2)(a), 11, 13, 14, 15 and 16	Industrial assurance	Amendment of industrial assurance legislation in relation to incorporated friendly societies and industrial assurance companies
So much of Part I of Schedule 22 as is specified in the Appendix to this Schedule	Repeals	Repeal of provisions of the Industrial Assurance Act 1923 in relation to incorporated friendly societies which are collecting societies

APPENDIXREPEALS TAKING EFFECT ON 1ST FEBRUARY 1993

Chapter	Short title	Extent of repeal
13 and 14 Geo. 5 c.8.	Industrial Assurance Act 1923.	In section 8, subsections (2) and (4).
		Section 15.
		Section 16.
		In section 18, in subsection (1), the words “In the case of a collecting society or industrial assurance company,”, paragraph (c), in paragraph (d), the words “society or” (twice), in paragraph (f) the words “society or” (three times) and in paragraph (g) the words “collecting society or” and the words from “the” in the second place where it occurs in that paragraph, to “or”, in the second place where it so occurs, and in subsection (3) the words “in the case of a collecting society or industrial assurance company”, the words “society or” and the words from “award” to “a company,”.
		In section 19, in subsection (1), the words “collecting society and”, in subsection (2), the words “society or” (twice), subsection (3)(b) and the word “or” immediately preceding it.
		Section 35.
12 Geo. 6 c.39.	Industrial Assurance and Friendly Societies Act 1948.	Section 13(3).