# Friendly Societies Act 1992, Paragraph 3

Extent: E+W+S+N.I.

(1) A friendly society which desires to convert into a company under section 91 above shall send a statement concerning—
(a) such matters as may be prescribed in regulations made by the . . . Treasury; and
(b) such other matters as may be required by the appropriate authority in the case of the particular conversion;
to every member entitled (when the statements are sent) to vote on any resolution required by subsection (2) of that section.
(2) Regulations under sub-paragraph (1) above may include among the prescribed matters any alternatives to a proposed conversion which may be available.

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Source: https://www.legislation.gov.uk/ukpga/1992/40/schedule/15/paragraph/3 (the official version)
Page: https://openlegislation.uk/friendly-societies-act-1992/schedule-15/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.