7 Purposes and powers of an incorporated friendly society
Friendly Societies Act 1992 (1992 c 40) | Legislation

7  Purposes and powers of an incorporated friendly society

(1)     The purposes of an incorporated friendly society shall be those provided for by the society's memorandum.

(2)     The purposes for which an incorporated friendly society may exist are—

(a)     the carrying on, subject to section 5(2)(b) above, of—

(i)     any business of any description falling within a class specified in Head A or B or within Head C of Schedule 2 to this Act, or

(ii)     any activity falling within Head D of that Schedule; and

(b)     the carrying on, in addition to any business or activity falling within paragraph (a) above, of any of

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