Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 September 1993 - onwards
Schedule 5 Provisions of the 1992 Act coming into force for all remaining purposes on 1st January
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(1) Provisions of the Act |
(2) Subject matter of provisions |
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Part III, to the extent not already in force |
Management and administration of friendly societies |
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Continuation in effect of existing authorisation of friendly societies |
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Section 44, to the extent not already in force |
Appointment of actuary by societies with long term business |
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Section 46, to the extent not already in force |
Annual investigation into condition of certain societies |
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Triennial investigations into condition of certain societies |
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Margins of solvency in relation to insurance business of certain societies |
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Section 49, to the extent not already in force |
Failure to maintain prescribed margin of solvency |
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Supervision of group insurance business |