{
  "url": "https://openlegislation.uk/companies-act-1967-repealed/section-87",
  "json_url": "https://openlegislation.uk/companies-act-1967-repealed/section-87.json",
  "legislation": "ukpga/1967/81",
  "legislation_title": "Companies Act 1967 (repealed)",
  "legislation_url": "https://openlegislation.uk/companies-act-1967-repealed",
  "path": "section/87",
  "kind": "section",
  "number": "87",
  "heading": "Penalty on friendly society for offence under Industrial Assurance Act 1923.",
  "text": "The maximum penalty that may be inflicted on a society registered under the Friendly Societies Act 1896, being a friendly society within the meaning of that Act, for an offence under the Industrial Assurance Act 1923 committed after the passing of this Act shall, instead of being a fine not exceeding £100 or, in the case of a continuing offence, a fine not exceeding £50 a day during which the offence continues, be a fine not exceeding £200; and, accordingly, section 39(1) of the said Act of 1923 shall, in relation to an offence under that Act so committed by a society so registered, being such a friendly society as aforesaid, have effect with the substitution, for the proviso thereto, of the following proviso:—\n“Provided that the maximum penalty that may be inflicted for an offence under this Act shall be a fine not exceeding £200”.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "1896 c. 25."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "1923 c. 8."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1967/81/section/87",
    "retrieved_at": "2026-10-29T10:54:55.346843+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}