# Policyholders Protection Act 1997 (repealed), Paragraph 7

Extent: E+W+S+N.I.

For paragraph 16 there shall be substituted—
“
16 In section 25 (application of surplus funds by the Board), in subsection (1), after the word “applies”, there shall be inserted “and to qualifying friendly societies carrying on business in the United Kingdom”.”

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Source: https://www.legislation.gov.uk/ukpga/1997/18/schedule/4/paragraph/7 (the official version)
Page: https://openlegislation.uk/policyholders-protection-act-1997-repealed/schedule-4/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.