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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 April 2013 - onwards
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103. Power to modify Part VI in relation to particular friendly societies

(1) The appropriate authority may, on the application or with the consent of a friendly society, direct that all or any of the provisions of Part VI of this Act, or any provision of regulations made for the purposes of that Part, shall not apply to the society or shall apply to it with such modifications as may be specified in the direction.

(2) A direction under this section may be subject to conditions.

(3) A direction under this section may be revoked by the appropriate authority at any time; and the appropriate authority, may at any time vary any such direction on the application or with the consent of the society to which it applies.

(3A) The PRA must consult the FCA before making, varying or revoking a direction under this section.

(3B) The PRA must send the FCA a copy of any direction, variation or revocation under this section.

(4) [deleted]

(5) [deleted]

(6) [deleted]

(7) The FCA must keep in a register kept by it for the purposes of this subsection a copy of any direction, va

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