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Paragraph 12 C1

The keeping of proper accounts in accordance with section 29 of this Act and the keeping of a separate account of the expenses of management and of all contributions and other moneys which may be applied to those expenses.

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Modifications

C1

By Friendly Societies Act 1992 (c. 40), s. 95, Sch. 16 para. 51(2) (with ss. 7(5) and 93(4)); S.I. 1993/2213, art. 2, Sch. 6, it is provided that paras. 7, 12 and 15 shall cease to have effect (1.1.1994) in relation to registered friendly societies.