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SCHEDULES

SCHEDULE 15U.K. Amalgamations, Transfers of Engagements and Conversion: Supplementary

Part IU.K. Provision of Information to Members

Statements relating to amalgamations and transfersU.K.

2(1)The matters of which a statement required by paragraph 1 above is to give particulars are the following, namely—

(a)the financial position of the society and that of every other society or person participating in the amalgamation or transfer;

(b)any interest of the members of the committee of management of the society in the amalgamation or transfer;

(c)the compensation or other consideration (if any) proposed to be paid to or in respect of—

(i)the members of the committee of management or other officers of the society; and

(ii)the officers of every other society or person participating in the amalgamation or transfer;

(d)in the case of a transfer, a summary of any actuary’s report which the society is directed to furnish to the Commission under section 88 above; and

(e)any other matter which the Commission requires in the case of the particular amalgamation or transfer.

(2)No statement shall be sent unless its contents, so far as they concern the matters specified in this paragraph, have been approved by the Commission.