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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
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119. General interpretation

(1) In this Act, unless the context otherwise requires -

"the 1974 Act" means the Friendly Societies Act 1974 [1974 c. 46.];

"actuary" means an actuary possessing such qualifications, if any, as may be specified in rules made by the Authority under section 340 of the Financial Services and Markets Act 2000 (and subsections (3) to (6) of that section apply in relation to an actuary appointed by virtue of any provision of this Act as they apply in relation to an actuary appointed in compliance with such rules);

"annuities on human life" does not include superannuation allowances and annuities payable out of any fund applicable solely to the relief and maintenance of persons engaged or who have been engaged in any particular profession, trade or employment, or of the dependants of such persons;

"appointed actuary" means the actuary appointed in accordance with rules made under section 340 of the Financial Services and Markets Act 2000;

"the appropriate actuary" means - (a) if the socie

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