Friendly Societies Amendment Act 44 of 1988

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44 of 1988

The Friendly Societies Amendment Act 44 of 1988 intends:

to amend the Friendly Societies Act, 1956, so as
to provide for the exemption of certain friendly societies from the provisions of that Act; and
for the conversion of a friendly society into a company;
to extend the power of the Minister of Finance to make regulations; and
to amplify the penal provisions;
to amend the Insurance Act, 1943, so as to increase the maximum limit of benefits that may be provided by a friendly society; and
to provide for matters connected therewith.

1 July 1993