# The Friendly Societies (Long Term Insurance Business) Regulations 1987, Regulation 9: Extension of authorisation


(1) A society authorised under regulation 5 or 6 above may seek an extension of its authorisation to another class of business or another part of the United Kingdom by submitting to the Chief Registrar the information specified in Schedule 2 which is relevant to the extension sought, and by demonstrating that it possesses the mimimum guarantee fund in accordance with regulation 20(4) below.
(2) If, on the basis of the information submitted to him pursuant to paragraph (1) above and any other information received by him, the Chief Registrar is satisfied that the extension sought ought to be granted, he shall cause a certificate of authorisation in respect of the class or classes of long term business which may be carried on pursuant to both the society’s original authorisation and the extension to be placed on the public file of the society and a copy of it to be sent to the secretary of the society.
(3) The provisions of regulation 7 above shall apply in relation to an application for an extension under this regulation in the same way as they apply in relation to an application for authorisation under regulation 6.

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Source: https://www.legislation.gov.uk/uksi/1987/2132/regulation/9 (the official version)
Page: https://openlegislation.uk/friendly-societies-long-term-insurance-business-regulations-1987/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

