85 Amalgamation of friendly societies
Friendly Societies Act 1992 (1992 c 40) | Legislation

Part VIII Amalgamations, Transfers of Engagements and Conversion of Friendly Societies Into Companies

Amalgamations

85  Amalgamation of friendly societies

(1)     Any two or more friendly societies may, in accordance with this Part of this Act, amalgamate by establishing an incorporated friendly society as their successor.

(2)     In order to establish a society as their successor, friendly societies proposing to amalgamate must—

(a)     comply with the applicable requirements of Part I of Schedule 15 to this Act;

(b)     take the steps required by paragraph 1(2) of Schedule 3 to this Act;

(c)     each approve the proposed amalgamation and the terms on which it is to take place by special resolution; and

(d)     obtain the confirmation of the [appropriate authority] of the amalgamation;

and, on obtaining that confirmation, the successor

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