The Friendly Societies (Life Assurance Premium Relief) (Change of Rate) Regulations 1980
These Regulations authorise registered friendly societies (other than collecting societies) and their branches to amend prescribed or approved schemes adopted by them in accordance with the Friendly Societies (Life Assurance Premium Relief) Regulations 1977 so that relief under section 19 of the Income and Corporation Taxes Act 1970 (1970 c.10) in respect of contributions due on or after 6th April 1981 on friendly society contracts may be effected by the contribution payer regaining or having refunded to him the authorised percentage of the contribution payable.