1.1.A.215 Approved friendly society
Usage
This definition applies to all payments.
Definition
An approved friendly society:
- is a friendly society registered or incorporated under a law of a state or territory relating to friendly societies, OR
- in the Secretary's opinion
- is a person or body that is similar in character to a friendly society, and
- provides benefits similar to the benefits provided by a friendly society.
Act reference: SSAct section 29 Approval of friendly societies