# The Friendly Societies (Life Assurance Premium Relief) Regulations 1977, Paragraph 7


For the purpose of section 72 of the Friendly Societies Act 1974 (power of registered friendly society to insure life of parent or grandparent for not more than £30) there shall be excluded so much of any sum insured to be paid, or paid, on the death of any one of a person's parents or grandparents as represents any increase in any sum assured or guaranteed which is effected under regulations 5 or 6.

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Source: https://www.legislation.gov.uk/uksi/1977/1143/schedule/3/paragraph/7 (the official version)
Page: https://openlegislation.uk/friendly-societies-life-assurance-premium-relief-regulations-1977/schedule-3/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.