Finance Act 1984
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
73 Insurance business of registered friendly societies.
(1)—(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) In consequence of the preceding provisions of this section and subsection (5) below, in . . . section 7 of the Friendly Societies Act 1974 (societies which may be registered),— (a) paragraph (a) of subsection (3), and (b) subsection (3A), shall not have effect with respect to benefits secured by contracts made after 13th March 1984. (5)—(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (7) If, after 13th March 1984, the committee of a registered society or branch whose rules make provision for it to carry on life or endowment business resolve to accept, in respect of any contract falling within subsection (8) below, premiums of amounts arrived at by deducting 15 per cent. from the premiums provided for by the rules of the society or branch (that is to say by deducting the same amount as, apart from section 72 above, would have been deductible by way of relief under section 19 of the Taxes Act),— (a) the resolution shall be deemed to be permitted by the principal Act and the rules of the society or branch; and (b) nothing in the principal Act shall require the registration of the resolution; and (c) together with the annual return of the society or branch for the year of account ending 31st December 1984, the society or branch shall send a copy of the resolution to the registrar. (8) Subsection (7) above applies to any contract entered into by a registered society or branch— (a) which is for the assurance under life or endowment business of any gross sum; and (b) which is entered into pursuant to a proposal received by the society or branch on or before 13th March 1984; and (c) which is one which the society might lawfully have entered into on that date; and (d) which is entered into after 13th March 1984 and before 1st May 1984. (9) In subsection (7) above “the principal Act” means, according to the enactment under which the society or branch is registered,— (a) the Friendly Societies Act (Northern Ireland) 1970; or (b) the Friendly Societies Act 1974; and subsections (7) and (8) shall be construed as one with the principal Act.
73 Insurance business of registered friendly societies.
(1)—(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) In consequence of the preceding provisions of this section and subsection (5) below, in . . . section 7 of the Friendly Societies Act 1974 (societies which may be registered),— (a) paragraph (a) of subsection (3), and (b) subsection (3A), shall not have effect with respect to benefits secured by contracts made after 13th March 1984. (5)—(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (7) If, after 13th March 1984, the committee of a registered society or branch whose rules make provision for it to carry on life or endowment business resolve to accept, in respect of any contract falling within subsection (8) below, premiums of amounts arrived at by deducting 15 per cent. from the premiums provided for by the rules of the society or branch (that is to say by deducting the same amount as, apart from section 72 above, would have been deductible by way of relief under section 19 of the Taxes Act),— (a) the resolution shall be deemed to be permitted by the principal Act and the rules of the society or branch; and (b) nothing in the principal Act shall require the registration of the resolution; and (c) together with the annual return of the society or branch for the year of account ending 31st December 1984, the society or branch shall send a copy of the resolution to the registrar. (8) Subsection (7) above applies to any contract entered into by a registered society or branch— (a) which is for the assurance under life or endowment business of any gross sum; and (b) which is entered into pursuant to a proposal received by the society or branch on or before 13th March 1984; and (c) which is one which the society might lawfully have entered into on that date; and (d) which is entered into after 13th March 1984 and before 1st May 1984. (9) In subsection (7) above “the principal Act” means, according to the enactment under which the society or branch is registered,— (a) the Friendly Societies Act (Northern Ireland) 1970; or (b) the Friendly Societies Act 1974; and subsections (7) and (8) shall be construed as one with the principal Act.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.