Part I Provision of Information to Members
Friendly Societies Act 1992 (1992 c 40) | Legislation

SCHEDULE 15 Amalgamations, Transfers of Engagements and Conversion: Supplementary

Section 85

Part I Provision of Information to Members

Statements relating to amalgamations and transfers

1

(1)     A friendly society which desires—

(a)     to amalgamate under section 85 above; or

(b)     to transfer its engagements to any person, or to undertake to fulfil the engagements of another friendly society, under section 86 above;

shall, subject to sub-paragraph (2) below, send a statement concerning the matters specified in paragraph 2 below to every member entitled (when the statements are sent) to vote on any resolution required by section 85, 86 or 90.

(2)     Sub-paragraph (1) above does not apply, in the case of a friendly society desirous of undertaking to fulfil another society's engagements, where the [appropriate authority] has consented under section 86(3)(b) or 90(2)(b) above to its proceeding by resolution of the committee of management.

(3)     The statement referred to in sub-paragraph (1) above shall be sent so as to arrive no later than 14 days (or such longer period as the rules may require for notice of any resolution required by section 85, 86 or 90 above) before—

(a)     the meeting at which

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