{
  "url": "https://openlegislation.uk/friendly-societies-act-1992/section-103",
  "json_url": "https://openlegislation.uk/friendly-societies-act-1992/section-103.json",
  "legislation": "ukpga/1992/40",
  "legislation_title": "Friendly Societies Act 1992",
  "legislation_url": "https://openlegislation.uk/friendly-societies-act-1992",
  "path": "section/103",
  "kind": "section",
  "number": "103",
  "heading": "Power to modify Part VI in relation to particular friendly societies.",
  "text": "(1) The appropriate authority may, on the application or with the consent of a friendly society, . . . direct that all or any of the provisions of Part . . . VI of this Act , or any provision of regulations made for the purposes of that Part, shall not apply to the society or shall apply to it with such modifications as may be specified in the direction.\n(2) A direction under this section may be subject to conditions.\n(3) A direction under this section may be revoked by the appropriate authority at any time; and the appropriate authority, may at any time vary any such direction on the application or with the consent of the society to which it applies.\n(3A) The PRA must consult the FCA before making, varying or revoking a direction under this section.\n(3B) The PRA must send the FCA a copy of any direction, variation or revocation under this section.\n(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(7) The FCA must keep in a register kept by it for the purposes of this subsection a copy of any direction, variation or revocation under this section.\n(8) The register kept for the purposes of subsection (7) above shall be available for inspection on reasonable notice by members of the public.\n(9) The FCA shall keep a copy of—\n(a) any direction ... under this section, and\n(b) any revocation or variation of any such direction,\nand the central office shall keep the copy in the public file of the society to which it relates.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 103(1)(3) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 42(2) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 103(1) repealed (1.12.2001) by S.I. 2001/2617, arts. 2, 13(2), Sch. 4 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in s. 103(1) repealed (1.12.2001) by S.I. 2001/2617, arts. 2, 13(2), Sch. 4 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 103(1) inserted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(b)(iv) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Word in s. 103(1) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(b)(v) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in s. 103(2) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(c) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in s. 103(3) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(d)(i) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Word in s. 103(3) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(d)(iii) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "S. 103(3A)(3B) inserted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 42(3) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "S. 103(4)-(6) repealed (1.12.2001) by S.I. 2001/2617, arts. 2, 13(2), Sch. 4 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "S. 103(7) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 42(4) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "S. 103(4)-(9) inserted (1.8.1996) by S.I. 1996/1188 art. 6"
    },
    {
      "type": "F",
      "label": "F13",
      "text": "Words in s. 103(9) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(g)(i) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F14",
      "text": "Word in s. 103(9) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 42(5)(a) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F15",
      "text": "Words in s. 103(9)(a) omitted (1.4.2013) by virtue of The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 9 para. 42(5)(b) (with Sch. 12)"
    },
    {
      "type": "F",
      "label": "F16",
      "text": "Words in s. 103(9)(a) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(g)(ii) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F17",
      "text": "Words in s. 103(9) substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(g)(iii) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    },
    {
      "type": "F",
      "label": "F18",
      "text": "Word in the sidenote to s. 103 substituted (17.8.2001 for specified purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 8(1), 13(1), Sch. 3 para. 107(a) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1992/40/section/103",
    "retrieved_at": "2026-10-29T09:35:45.024631+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}