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Regulation 3 Transitional Provisions

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

An incorporated friendly society to which section 46(2)(a)(ii) of the 1992 Act applies shall be subject, as if it were a registered friendly society, to regulation 11 of the 1987 Regulations for the purpose of any annual actuarial investigation due to be carried out at a date receding its date of incorporation, and shall continue to be so subject until such time as the relevant investigation has been completed and three copies of the valuation report have been sent to the Chief Registrar in accordance with regulation 11(6).