# The Friendly Societies (Provisional Repayments for Exempt Business) Regulations 1993, Regulation 7: Modifications of paragraph 3 of Schedule 19AB


(1) Paragraphs (2) and (3) specify modifications of paragraph 3 of Schedule 19AB in relation to exempt business of a friendly society.
(2) In sub-paragraph (1)—
(a) for the words “an insurance company” there shall be substituted the words “a friendly society”;
(b) for the words “the company” there shall be substituted the words “the society”;
(c) for the words “the insurance company” there shall be substituted the words “the friendly society”.
(3) In sub-paragraph (5) for the word “company” there shall be substituted the word “society”.

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Source: https://www.legislation.gov.uk/uksi/1993/3112/regulation/7 (the official version)
Page: https://openlegislation.uk/friendly-societies-provisional-repayments-for-exempt-business-regulations-1993/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.