{
  "url": "https://openlegislation.uk/friendly-societies-life-assurance-premium-relief-regulations-1977/regulation-3",
  "json_url": "https://openlegislation.uk/friendly-societies-life-assurance-premium-relief-regulations-1977/regulation-3.json",
  "legislation": "uksi/1977/1143",
  "legislation_title": "The Friendly Societies (Life Assurance Premium Relief) Regulations 1977",
  "legislation_url": "https://openlegislation.uk/friendly-societies-life-assurance-premium-relief-regulations-1977",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": null,
  "text": "(1) A friendly society may by resolution of its committee of management passed before 1st October 1978 adopt—\n(a) the prescribed scheme, or\n(b) an approved scheme\nfor the purpose of securing that in the case of friendly society contracts to which the scheme so adopted applies amounts equal to 17½ per cent of the contributions payable are retained by or refunded to the persons paying the contributions.\n(2) Where a friendly society has adopted any such scheme amounts equal to 17½ per cent of the contributions payable under contracts to which the scheme applies shall be retained by or refunded to the persons paying the contributions as provided in the scheme so adopted.\n(3) Written notice of a resolution adopting the prescribed or an approved scheme shall within fourteen days of the passing thereof be sent by the society to the Chief Registrar of Friendly Societies.\n(4) Where a friendly society has resolved to adopt the prescribed or an approved scheme any right conferred by section 21 of the Friendly Societies Act 1974 on any person to receive a copy of the rules of the society shall be extended so as to include the right to receive a copy of the resolution and of the scheme adopted by the resolution.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1984/323",
      "affecting_title": "The Friendly Societies (Life Assurance Premium Relief) (Amendment) Regulations 1984"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1977/1143/regulation/3",
    "retrieved_at": "2026-10-29T19:56:14.286809+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."
}