Paragraph 21 Amendments to the Friendly Societies Act 1992

In the Friendly Societies Act 1992^f1—

(a)

in section 69A(4) (duty to prepare individual accounts)^f2—

(i)

in paragraph (b), before “regulated market” insert “UK”;

(ii)

in paragraph (c)—

(aa)

before “regulated market” insert “UK”;

(bb)

for the second sentence substitute ““UK regulated market” has the meaning given in Article 2.1.13A of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 and amending Regulation (EU) No. 648/2012”;

(b)

in section 69E (duty to prepare group accounts)^f3—

(i)

in subsection (5)—

(aa)

in paragraph (b), before “regulated market” insert “UK”;

(bb)

in paragraph (c), before “regulated market” insert “UK”;

(cc)

omit the second sentence of paragraph (c);

(ii)

after subsection (8) insert—

“(9)
In this subsection “UK regulated market” has the meaning given in Article 2.1.13A of Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 and amending Regulation (EU) No. 648/2012.”.

Annotations

Footnotes

f1: 1992 c. 40.
f2: Sections 69A to 69I were substituted for sections 69 and 70 by S.I. 2005/2211. Section 69A was amended by S.I. 2007/126 and 2017/701.
f3: Sections 69A to 69I were substituted for sections 69 and 70 by S.I. 2005/2211. Section 69E was amended by S.I. 2007/126 and 2017/701.