SCHEDULES

SCHEDULE 16 Amendments of 1974 Act

33

In section 86—

a

in subsection (1), at the beginning there shall be inserted the words “ Subject to subsection (2A) below ” and, after the words “registered society", there shall be inserted the words “ or branch ”;

b

after subsection (2) there shall be inserted the following subsection—

2A

For the purposes of this Act “special resolution”, in relation to a registered friendly society, shall be construed in accordance with paragraph 7 of Schedule 12 to the 1992 Act.