Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698838108295.pdf (New Zealand)
2008/353 Friendly Societies and Credit Unions (Maximum Gross Sum) Order 2008 Anand Satyanand, Governor­General Order in Council At Wellington this 29th day of September 2008 Present: His Excellency the Governor­General in Council Pursuant to section 42(2) of the Friendly Societies and Credit Unions Act 1982, His Excellency the Governor­General, acting on the advice and with the consent of the Executive Council, makes the following order.
Contents 1 2 3 4 Title Commencement Maximum gross sum for contracts of insurance Revocation Page 2 2 2 2 1 cl 1 Friendly Societies and Credit Unions (Maximum Gross Sum) Order 2008 2008/353 1 2 3 4 Order Title This order is the Friendly Societies and Credit Unions (Maxi­ mum Gross Sum) Order 2008.

Commencement This order comes into force on the 28th day after the date of its notiﬁcation in the Gazette.
Maximum gross sum for contracts of insurance The maximum gross sum of assurances (as speciﬁed in section 42(1) of the Friendly Societies and Credit Unions Act 1982) is increased from $60,000 a year to $100,000 a year.

Revocation The Friendly Societies and Credit Unions Order 1998 (SR 1998/41) is revoked.

Rebecca Kitteridge, Clerk of the Executive Council.

Explanatory note This note is not part of the order, but is intended to indicate its general effect.
This order, which comes into force on the 28th day after the date of its notiﬁcation in the Gazette, increases from $60,000 a year to $100,000 a year the maximum gross sum for contracts of insurance that a member of a society registered under Part 2 of the Friendly Societies and Credit Unions Act 1982, or a person claiming through that member, is permitted to receive from the society, a branch, or the society including its branches taken together.
2 2008/353 Friendly Societies and Credit Unions (Maximum Gross Sum) Order 2008 Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notiﬁcation in Gazette: 2 October 2008.

This order is administered by the Ministry of Economic Development.

12 Wellington, New Zealand: Published under the authority of the New Zealand Government—2008 3