Explanatory note

Article 2 of this Order brings into force section 31 of the Friendly Societies Act 1992 in relation to registered friendly societies conducting insurance business or non-insurance business, other than societies to which that section already applies. Section 31 was brought into force, by articles 2(2), 2(3) and 2(4) of the Friendly Societies Act 1992 (Commencement No. 6 and Transitional Provisions) Order 1993, in relation to societies whose income exceeds £3,000.00 or which are deemed to be authorised under the 1992 Act by section 32(7) of the Act. In relation to those societies which do not apply for authorisation by 1st November 1994, section 31 comes into force on that date. In relation to those societies which do apply for authorisation by 1st November 1994, section 31 comes into force on 1st April 1995.

Article 2 also brings into force the repeal of the definitions of Industrial Assurance Commissioner in the Industrial Assurance Act 1923 and the Industrial Assurance (Northern Ireland) Order 1979.