# The Friendly Societies Act 1992 (Amendment) Regulations 1994, Paragraph 5


A friendly society which fails to comply with any provision of this Schedule shall be guilty of an offence and liable on summary conviction to a fine not exceeding level 5 on the standard scale.

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Source: https://www.legislation.gov.uk/uksi/1994/1984/schedule/3/paragraph/5 (the official version)
Page: https://openlegislation.uk/friendly-societies-act-1992-amendment-regulations-1994/schedule-3/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.