Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
As published
71 Report on a friendly society’s affairs by the committee of management.
(1) The committee of management of a friendly society shall prepare for submission to the annual general meeting of the society a report on the activities of the society containing—
(a) a fair review of the business of the society, its subsidiary undertakings and bodies that it jointly controls (if any) complying with section 71A;
(aa) a description of the principal risks and uncertainties facing the society, its subsidiary undertakings and bodies that it jointly controls (if any);
(b) such information relating to such aspects of the activities of the society as may be prescribed by regulations made by the . . . Treasury; and
(c) a statement whether any and, if so, what activities carried on during the year by the society are believed to have been carried on outside its powers.
(1A) If the friendly society has subsidiary undertakings, the report may, where appropriate, give greater emphasis to those matters which are significant to the society and its subsidiary undertakings taken as a whole.
(2) Where an incorporated friendly society has subsidiaries or jointly controls other bodies, the report shall-
(a) contain such information relating to such aspects of the activities of any subsidiaries or bodies which it jointly controls as may be prescribed by regulations made by the . . . Treasury;
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) contain a statement whether any and, if so, what activities carried on during the year by any of its subsidiaries or by any body which it jointly controls are believed to have been carried on outside the powers of the subsidiary or jointly controlled body.
(3) If a report under this section does not contain the prescribed information or the information in the report is not given in accordance with the regulations, each member of the committee of management shall be guilty of an offence and liable—
(a) on conviction on indictment, to a fine; and
(b) on summary conviction, to a fine not exceeding the statutory maximum.
Your change, as a redline
71 Report on a friendly society’s affairs by the committee of management.
(1) The committee of management of a friendly society shall prepare for submission to the annual general meeting of the society a report on the activities of the society containing—
(a) a fair review of the business of the society, its subsidiary undertakings and bodies that it jointly controls (if any) complying with section 71A;
(aa) a description of the principal risks and uncertainties facing the society, its subsidiary undertakings and bodies that it jointly controls (if any);
(b) such information relating to such aspects of the activities of the society as may be prescribed by regulations made by the . . . Treasury; and
(c) a statement whether any and, if so, what activities carried on during the year by the society are believed to have been carried on outside its powers.
(1A) If the friendly society has subsidiary undertakings, the report may, where appropriate, give greater emphasis to those matters which are significant to the society and its subsidiary undertakings taken as a whole.
(2) Where an incorporated friendly society has subsidiaries or jointly controls other bodies, the report shall-
(a) contain such information relating to such aspects of the activities of any subsidiaries or bodies which it jointly controls as may be prescribed by regulations made by the . . . Treasury;
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) contain a statement whether any and, if so, what activities carried on during the year by any of its subsidiaries or by any body which it jointly controls are believed to have been carried on outside the powers of the subsidiary or jointly controlled body.
(3) If a report under this section does not contain the prescribed information or the information in the report is not given in accordance with the regulations, each member of the committee of management shall be guilty of an offence and liable—
(a) on conviction on indictment, to a fine; and
(b) on summary conviction, to a fine not exceeding the statutory maximum.
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