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SCHEDULES

SCHEDULE 10U.K. Application of Companies Winding Up Legislation to Incorporated Friendly Societies

Part IIU.K. Modified Application of Insolvency Act 1986 Parts IV [F1, [F26, 7,] 12 and 13] [F2and Schedule 10]

Winding up by the courtU.K.

18U.K.In sections 117 (High Court and county court jurisdiction) and 120 (Court of Session and sheriff court jurisdiction) of the Act, each reference to a company’s share capital paid up or credited as paid up shall have effect as a reference to the amount of the contribution or subscription income of an incorporated friendly society as shown by the latest balance sheet.