The Friendly Societies (Insurance Business) (Amendment) Regulations 2000
These Regulations amend Part V of the Friendly Societies (Insurance Business) Regulations 1994 (“the 1994 Regulations”) which is concerned with the determination of a friendly society’s liabilities, this being relevant to the margin of solvency required to be maintained by a society in accordance with section 48 of the Friendly Societies Act 1992.