SCHEDULES

SCHEDULE 3Provision for certain pre-commencement societies

The 1968 Act: consequential amendments to rules

9

1

Despite anything contained in its rules, a registered society's committee may, by a resolution passed in the appropriate period, make such amendments of its rules as may be consequential on the provisions of the Friendly and Industrial and Provident Societies Act 1968.

2

“The appropriate period” is the period—

a

beginning with 26 July 1968, and

b

ending with 25 July 1969 or, if later, the first date after 26 July 1968 on which an amendment of the society's rules is registered.

3

The FCA is not required to register an amendment of the society's rules unless any consequential amendments made by virtue of sub-paragraph (1)—

a

have been made before the application for registration of that amendment, or

b

are to be effected by that amendment.