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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 December 2001 - onwards
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Schedule 7 Activities which may be carried on by a Subsidiary of or Body Jointly Controlled by an Incorporated Friendly Society

Repealed from 1 December 2001

Section 13.

Activities

1 The establishment and management of personal equity plans within the meaning of the Finance Act 1986 [1986 c. 41.].

1A The establishment and management, or arranging for the establishment and management, of individual savings accounts; and in this paragraph "individual savings accounts" means plans of a kind referred to in section 333(1A) of the Income and Corporation Taxes Act 1988 [1988 c. 1. Subsection (1A) was added to s.333 by section 75(1) of the Finance Act 1998 (c. 36). The Individual Savings Accounts Regulations 1998 (S.I. 1998/1870) make detailed provision for the operation of individual savings accounts. Other relevant regulations are S.I.s 1998/1869, 1998/1871 and 1998/1872.].

2 The establishment and management of unit trust schemes within the meaning of the Financial Services Act 1986 [1986 c. 60.].

3 The carrying on of long-term or general business.

4 Arranging for the provision of, or giving advice as to, insurance of any description.

5 Arra

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