(1) Friendly Societies Act group accounts must comprise -
(a) a balance sheet dealing with the state of affairs of the society and its subsidiary undertakings;
(b) an income and expenditure account showing the income and expenditure of the society and its subsidiary undertakings.
(2) Friendly Societies Act group accounts must give a true and fair view of the state of affairs as at the end of the financial year, and the income and expenditure for the financial year, of the society and the subsidiary undertakings included in the group accounts as a whole, so far as concerns the members of the society.
(3) Friendly Societies Act group accounts must comply with the requirements of regulations made under section 69G as to the form and content of the group accounts and additional information to be provided by way of notes to the accounts or otherwise.
(4) Where compliance with the provisions of those regulations, and the other provisions of this Act as to the matters to be included in a soci
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