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The Friendly Societies Act 1992 (Commencement No. 5 and Savings) Order 1993

S.I. 1993/1186 · Made 22 April 1993

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FRIENDLY SOCIETIES

Made 22nd April 1993

The Treasury, in exercise of the powers conferred on them by section 126(2) of the Friendly Societies Act 1992f1 and of all other powers enabling them in that behalf, hereby make the following Order:

Annotations to the whole text

Footnotes

f1

1992 c. 40.

Contents

  1. 1Citation and interpretation
  2. 2Days appointed
  3. 3Savings
  4. Signature
  5. Schedule 1PROVISIONS OF THE 1992 ACT COMING INTO FORCE FOR ALL SPECIFIED PURPOSES ON 28 APRIL 1993
  6. REPEALS TAKING EFFECT FOR SPECIFIED PURPOSESON 28 APRIL 1993
  7. Schedule 2PROVISIONS OF THE 1992 ACT COMING INTO FORCE FOR ALL REMAINING PURPOSES ON 28 APRIL 1993
  8. Schedule 3PROVISIONS OF THE 1992 ACT COMING INTO FORCE GENERALLY ON 28 APRIL 1993
  9. REPEALS TAKING EFFECT GENERALLY ON 28 APRIL 1993
  10. Explanatory note

1Citation and interpretation

(1)

This Order may be cited as the Friendly Societies Act 1992 (CommencementNo. 5 and Savings) Order 1993.

(2)

In this Order—

  • “the 1974 Act” means the Friendly Societies Act 1974f1;

  • “the 1992 Act” means the Friendly Societies Act 1992;

  • “central office” has the meaning given to that term in section 119(1) of the 1992 Act;

  • “Chief Registrar” means the Chief Registrar of friendly societies;

  • “collecting society” has the meaning given to that term in section 1(1A) of the Industrial Assurance Act 1923f2;

  • “Commission” means the Friendly Societies Commission established undersection 1 of the 1992 Act;

  • “Commissioner” means the Industrial Assurance Commissioner.

2Days appointed

(1)

The provisions of the 1992 Act specified in column 1 of Schedule 1 to this Order (which relate to the matters mentioned in column 2 of the Schedule) shall come into force for the purposes specified in column 3 of the Schedule on 28 April 1993.

(2)

The provisions of the 1992 Act specified in column 1 of Schedule 2 to this Order (which relate to the matters mentioned in column 2 of the Schedule) shall come into force on 28 April 1993 for all remaining purposesf1.

(3)

The provisions of the 1992 Act specified in column 1 of Schedule 3 to this Order (which relate to the matters mentioned in column 2 of the Schedule) shall come into force generally on 28 April 1993.

3Savings

Notwithstanding the substitution by paragraph 11 of Schedule 19 to the 1992 Act of “the relevant authority” for “the Commissioner” in subsection (1) of section 39 of the Industrial Assurance Act 1923, it shall remain an offence under section 39(1) of the Industrial Assurance Act 1923 for a collecting society to contravene or fail to comply with any direction by the Commissioner.

Signature

Nicholas Baker

Tim Kirkhope

Two of the Lords Commissioners of Her Majesty’s Treasury

22nd April 1993

Schedule 1PROVISIONS OF THE 1992 ACT COMING INTO FORCE FOR ALL SPECIFIED PURPOSES ON 28 APRIL 1993

(1)(2)(3)
Provisions of the ActSubject matter of provisionsPurposes
So much of Part I of Schedule 22 as is specified in the Appendix to this ScheduleRepealsRepeal of provisions of the Financial Services Act 1986 in relation to incorporated friendly societies

REPEALS TAKING EFFECT FOR SPECIFIED PURPOSESON 28 APRIL 1993

ChapterShort TitleExtent of repeal
1986 c. 60.Financial Services Act 1986.In section 139, subsections (3) and (4) and in subsection (5) the words “and section 77 of the said Act of 1974” and “and section 65 of the Friendly Societies Act (Northern Ireland) 1970”.
In section 207(1), the definition of “registered friendly society”.
In Schedule 11, in paragraph 1, in the definition beginning “a member society” the wordsfrom “and for the purposes” onwards, inparagraph 26, in sub-paragraph (1), the figure “(1)”, and sub-paragraph (3), paragraph 27, in paragraph 38(1)(a) the word “registered” and paragraph 43.
In Schedule 15, in paragraph 14(1) the word “registered” and in paragraph 14(3), the words “registered”, “or as the case may be, the Friendly Societies Act (Northern Ireland) 1970”, “or as the case may be, section 70 of the said Act of 1970” and “or, as the case may be, section 75 of the said Act of 1970”.

Schedule 2PROVISIONS OF THE 1992 ACT COMING INTO FORCE FOR ALL REMAINING PURPOSES ON 28 APRIL 1993

(1)(2)
Provisions of the ActSubject matter of provisions
Sections 51 to 54 and section 56Powers of Commission
Section 57Covering of risks situated in another Member State
Sections 62 to 64Information
Sections 65 to 67Inspection etc
Section 98, to the extent that it relates to the provisions of Part I of Schedule 18 set out belowFinancial services
Section 100, to the extent that it relates to any provision of Part I of Schedule 19 set out belowIndustrial assurance
In Part I of Schedule 18, paragraph 3Amendment to the Financial Services Act 1986
In Part I of Schedule 19, paragraphs 2(2), 3, 4, 5(1)(a), (b), (d) and (e), 5(2)(a), 11, 13, 15 and 16Amendments to the Industrial Assurance Act 1923

Schedule 3PROVISIONS OF THE 1992 ACT COMING INTO FORCE GENERALLY ON 28 APRIL 1993

(1)(2)
Provisions of the ActSubject matter of provisions
In Schedule 16, paragraphs 3, 34, 35, 36, 38(b), 38(c) (to the extent that it introduces paragraphs (a) and (b) into section 93(3)), 39, 40 and 41.Amendment of the Friendly Societies Act 1974
So much of Part I of Schedule 22 as is specified in the Appendix to this ScheduleRepeals

REPEALS TAKING EFFECT GENERALLY ON 28 APRIL 1993

ChapterShort TitleExtent of repeal
1974 c. 46.Friendly Societies Act 1974.Section 6(2).
In section 16, the words “society or” in each place they appear.
Section 88.
Section 89.
Section 106.
1948 c. 39.Industrial Assurance Act 1948.Section 17A(2).

Explanatory note

(This note is not part of the Order)

This Order brings into force on 28 April 1993 in relation to incorporated friendly societies the provisions of the Friendly Societies Act 1992 listed in Schedule 1, namely certain repeals of the Financial Services Act 1986, following the bringing into force for incorporated friendly societies of amendments to the Financial Services Act 1986 in the Friendly Societies Act 1992 by the Friendly Societies Act 1992 (Commencement No. 3 and Transitional Provisions) Order 1993 (S.I. 1993/16/(C.1)). This Order also brings into force on 28 April 1993 for all remaining purposes the provisions of the Friendly Societies Act 1992 listed in Schedule 2. These provisions, which concern the regulatory powers of the Friendly Societies Commission and amendments to the Industrial Assurance Act 1923, were brought into force for friendly societies incorporated under the 1992 Act by the Friendly Societies Act 1992 (Commencement No. 3 and Transitional Provisions) Order 1993 and are hereby brought into force for friendly societies registered under the Friendly Societies Act 1974. The Order furthermore brings into force generally on 28 April 1993 the provisions of the Friendly Societies Act 1992 listed in Schedule 3, which amend the regulatory framework for friendly societies registered under the 1974 Act.