# The Friendly Societies (Provisional Repayments for Exempt Business) (Amendment) Regulations 1997, Regulation 4: Amendments to the principal Regulations


(1) Regulation 4 shall be amended in accordance with paragraphs (2) to (4).
(2) In paragraph (4) sub-paragraph (a) shall be omitted.
(3) In paragraph (6), in the substituted sub-paragraph (5), in paragraphs (a)(i) and (b)(i) the word “solely” shall be omitted.
(4) In paragraph (6), in the substituted sub-paragraph (5A)—
(a) in the definition of “tax exempt basic life assurance and general annuity business” for the words “regulation 5(2) of the Friendly Societies (Modification of the Corporation Tax Acts) Regulations 1992” there shall be substituted the words “regulation 6(2) of the Friendly Societies (Modification of the Corporation Tax Acts) Regulations 1997”;
(b) in the definition of “long term business”, for the words “regulation 5(4)” there shall be inserted the words “regulation 6(4)”.

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Source: https://www.legislation.gov.uk/uksi/1997/474/regulation/4 (the official version)
Page: https://openlegislation.uk/friendly-societies-provisional-repayments-for-exempt-business-amendment-regulations-1997/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.