Part I Eligibility and Retirement of Committee Members
Friendly Societies Act 1992 (1992 c 40) | Legislation

SCHEDULE 11 Committee of Management: Supplementary

Section 27

Part I Eligibility and Retirement of Committee Members

Preliminary

1

(1)     This Part of this Schedule applies in relation to members of the committee of management of a friendly society (“the societyâ€); and in this Schedule—

“the committee†means the committee of management of the society;

“the compulsory retirement ageâ€, where the rules of the society make the provision authorised by paragraph 3(1) below, means the age prescribed for that purpose in its rules;

“the normal retirement age†means 70 years or such lesser age as the rules of the society may prescribe as the normal retirement age for members of its committee.

(2)     For the purposes of this Act the date of a person's election to office as a member of the committee, where the rules of the society provide for election by . . . ballot, is the date of the meeting at which the declaration of the result of the ballot is made.

Eligibility to be elected committee member

2

Subject to paragraph 3 below, paragraph 7 of Schedule 3 to this Act and to the rules of the society, any person is

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