Paragraph 2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

• Sch.2, para.1 (defn. of incepted) added by Friendly Societies (Insurance Business) 1996 reg.25(2)
• Sch. 2, para.1 (defn. of receivable) substituted by Friendly Societies (Insurance Business) 1996 reg.25(3)