{
  "url": "https://openlegislation.uk/friendly-societies-general-charge-and-fees-regulations-1993/regulation-3",
  "json_url": "https://openlegislation.uk/friendly-societies-general-charge-and-fees-regulations-1993/regulation-3.json",
  "legislation": "uksi/1993/547",
  "legislation_title": "The Friendly Societies (General Charge and Fees) Regulations 1993",
  "legislation_url": "https://openlegislation.uk/friendly-societies-general-charge-and-fees-regulations-1993",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "General charge in respect of an accounting year",
  "text": "(1) A friendly society which is registered under the 1974 Act on the operative date of 1993, or of any subsequent year, shall pay to the Commission, with respect to the accounting year beginning on each operative date, a sum determined in accordance with Schedule 1 to these Regulations using the value of the friendly society’s specified income for the relevant year.\n(2) Where, after 31st December of a year and before the operative date of the following year (in this paragraph referred to as “the particular operative date”), a friendly society has transferred its engagements to another friendly society, the transferee friendly society shall, in addition to any other sum payable by it under this regulation, pay, with respect to the accounting year beginning with the particular operative date, any sum which would have been payable by the transferor friendly society had it been subject to paragraph (1) above on the particular operative date.\n(3) For the purposes of these Regulations, the value of a friendly society’s specified income for the relevant year, relating to the accounting year with respect to which any sums are payable under paragraphs (1) or (2) above, is the value determined in accordance with Schedule 1 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/1993/547/regulation/3",
    "retrieved_at": "2026-10-29T14:03:00.633221+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."
}