Article 49 Direction under section 53 of the Friendly Societies ActI1

United Kingdom

(1)

This article applies where—

(a)

immediately before commencement a friendly society was subject to a direction given under section 53 of the Friendly Societies Act; and

(b)

that friendly society has, at commencement, a Part IV permission.

(2)

The direction has effect after commencement as if it were a requirement imposed by the Authority under section 43.

Annotations