102. Power to amend, etc. to assimilate to company law or law relating to persons carrying on insurance business

(1) If, on any modification of the statutory provisions in force in Great Britain or Northern Ireland relating -

(a) to companies; or

(b) to persons or bodies of persons, other than friendly societies, whether incorporated or not, carrying on insurance business (including reinsurance business),

it appears to the Treasury to be expedient to modify the relevant provisions of this Act for the purpose of assimilating the law relating to friendly societies to the law as so modified, the Treasury may, by order, make such modifications of the relevant provisions of this Act as they think appropriate for that purpose.

(2) The "relevant provisions of this Act" are the following provisions as for the time being in force, that is to say -

(a) so much of Part II as relates to winding up;

(b) Part IV;

(c) Part V;

(d) Part VI; and

(e) Part VIII.

(3) The power conferred by subsection (1) above includes power to modify the relevant provisions of this Act so as to -

(a) confer power to make orders, reg

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