# Friendly Societies Act 1992, Paragraph 5


An incorporated friendly society may accumulate at interest, for the use of any member, any surplus of his contributions to the funds of the society which may remain after providing for any assurance in respect of which they are paid and for the withdrawal of the accumulations.

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Source: https://www.legislation.gov.uk/ukpga/1992/40/schedule/5/paragraph/5 (the official version)
Page: https://openlegislation.uk/friendly-societies-act-1992/schedule-5/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.