PART 2Industrial and Provident Societies

Annual return4

1

Section 397 of the 1965 Act (annual returns) is amended as follows.

2

In subsection (1)—

a

for “period required by this section to be included in the return” substitute “year of account”;

b

for “period” substitute “year”;

c

in paragraph (a) for “period required to be included in the return” substitute “year of account”.

3

In subsection (1A)(b) for “period included in the return” substitute “year of account”.

4

In subsection (1B)—

a

in paragraph (a) for “period included in the return” substitute “year of account”;

b

in paragraph (b) for “period” substitute “year”.

5

Omit subsections (2), (2A), (3) and (4).