{
  "url": "https://openlegislation.uk/friendly-societies-decimal-currency-regulations-1970/regulation-2",
  "json_url": "https://openlegislation.uk/friendly-societies-decimal-currency-regulations-1970/regulation-2.json",
  "legislation": "uksi/1970/932",
  "legislation_title": "The Friendly Societies (Decimal Currency) Regulations 1970",
  "legislation_url": "https://openlegislation.uk/friendly-societies-decimal-currency-regulations-1970",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": null,
  "text": "(1) Subject to regulation 3, this regulation applies to payments payable under any friendly society contract made before 15th February 1971 that fall due on or after that date.\n(2) The amount payable in respect of any payment to which this regulation applies and which is payable by a friendly society shall be the amount in the new currency provided for in Schedule 1 to these Regulations.\n(3) The amount payable in respect of any payment to which this regulation applies and which is payable to a friendly society shall be—\n(a) if the payment is payable under a friendly society contract as one of a series of payments payable at intervals of two months or more, the amount in the new currency provided for in Schedule 1 to these Regulations,\n(b) if the payment is payable under a friendly society contract as one of a series of payments payable at intervals of less than two months but more than two weeks, the amount in the new currency provided for in Schedule 2 to these Regulations,\n(c) if the payment is payable under a friendly society contract as one of a series of payments payable at intervals of two weeks or less, the amount in the new currency provided for in Schedule 3 to these Regulations.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1970/932/regulation/2",
    "retrieved_at": "2026-10-29T22:58:10.628984+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."
}