The Friendly and Industrial and Provident Societies Act 1968 shall extend to the Bailiwick of Jersey and to the Bailiwick of Guernsey, subject to the following modifications:—
(a) in section 6(8) the reference to the High Court shall be construed as a reference—
(i) in Jersey, to the inferior number of the Royal Court of Jersey;
(ii) in Guernsey, Her, and Jethou, to the Royal Court of Guernsey sitting as an Ordinary Court;
(iii) in Alderney, to the Court of Alderney;
(iv) in Sark, to the Court of the Seneschal of Sark;
(b) for section 8(2)(b) there shall be substituted the following paragraph:—
(b) he is—
(i) an officer or servant (otherwise than as auditor) of a company which is a subsidiary of that society; or
(ii) a person who is a partner of or in the employment of a person who is an officer or servant (otherwise than an auditor) of such a company.
(c) in section 14(1) the reference to Great Britain shall be construed as including any of the Channel Islands.