{
  "url": "https://openlegislation.uk/friendly-societies-activities-of-a-subsidiary-no-2-order-1998/article-2",
  "json_url": "https://openlegislation.uk/friendly-societies-activities-of-a-subsidiary-no-2-order-1998/article-2.json",
  "legislation": "uksi/1998/2696",
  "legislation_title": "The Friendly Societies (Activities of a Subsidiary) (No. 2) Order 1998",
  "legislation_url": "https://openlegislation.uk/friendly-societies-activities-of-a-subsidiary-no-2-order-1998",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Variation of Schedule 7",
  "text": "Schedule 7 to the Friendly Societies Act 1992 (which relates to the activities which may be carried on by a subsidiary of or a body jointly controlled by an incorporated friendly society) is amended by:\n(a) substituting “11 to 15” for “11 to 14” in paragraph 10;\n(b) inserting, after “1996” in paragraph 13, “or within regulation 3(2) of the Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997”; and\n(c) inserting after paragraph 14 the following paragraph:\n“15 Arranging for the provision of banking services by a UK institution or a European institution, and providing services in pursuance of such arrangements; and in this paragraph “UK institution” and “European institution” have the same meaning as in the Banking Co-ordination (Second Council Directive) Regulations 1992, and “banking services” means such services as are ordinarily provided in the course of or in connection with a business which is a deposit-taking business for the purposes of the Banking Act 1987.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.R. (N.I.) 1997 No. 251."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I. 1992/3218."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "1987 c. 22."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1998/2696/article/2",
    "retrieved_at": "2026-10-29T11:16:27.946019+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."
}