Regulation 3 Application: Part II
(1)
This Part of these Regulations applies to a society to which section 48 of the 1992 Act applies.
(2)
Subject to regulation 62 below, a society which is—
(a)
an incorporated friendly society, or
(b)
an authorised registered friendly society,
is prescribed for the purposes of section 48(1)(c) of the 1992 Act.