s 3 Purposes for which policies may be issued.
Subject to the provisions of sections 72 and 73 of the Friendly Societies Act 1974 as they apply to collecting societies and of sections one and two of the Industrial Assurance and Friendly Societies Act 1948 as amended by the Industrial Assurance and Friendly Societies Act 1948 (Amendment) Act 1958 amongst the purposes for which collecting societies and industrial assurance companies may issue policies of assurance there shall be included insuring money to be paid for the funeral expenses of a parent, child, grandparent, grandchild, brother, or sister, and the issuing of such policies shall be treated as part of the industrial assurance business of the society or company.