88 Actuary's report on transfer of long term business
Friendly Societies Act 1992 (1992 c 40) | Legislation

88  Actuary's report on transfer of long term business

(1)     This section applies where—

[(a)     a friendly society (“a transferor society”) proposes to transfer to any person engagements the fulfilment of which will constitute the carrying on of long term business in the United Kingdom or Gibraltar; or]

(b)     a friendly society (a “transferee society”) proposes to undertake to fulfil any such engagements to be transferred

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