71 Report on a friendly society's affairs by the committee of management

Committee of management's annual report

71  Report on a friendly society's affairs by the committee of management

(1)     The committee of management of a friendly society shall prepare for submission to the annual general meeting of the society a report on the activities of the society containing—

[(a)     a fair review of the business of the society, its subsidiary undertakings and bodies that it jointly controls (if any) complying with section 71A;

(aa)     a description of the principal risks

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