# The Friendly Societies (Activities of a Subsidiary) Order 1998, Article 2: Variation of Schedule 7


Schedule 7 to the Friendly Societies Act 1992 (which lists the activities which may be carried on by a subsidiary of, or a body jointly controlled by, an incorporated friendly society) is amended by inserting after paragraph 1 the following paragraph–
“1A The establishment and management, or arranging for the establishment and management, of individual savings accounts; and in this paragraph “individual savings accounts” means plans of a kind referred to in section 333(1A) of the Income and Corporation Taxes Act 1988.”

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Source: https://www.legislation.gov.uk/uksi/1998/2328/article/2 (the official version)
Page: https://openlegislation.uk/friendly-societies-activities-of-a-subsidiary-order-1998/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.