Co-operative and Community Benefit Societies Act (Northern Ireland) 1969

F1 30 Holding of land. N.I.

A registered society may, unless its registered rules direct otherwise, acquire and hold in its own name any land and may dispose of any such land; and—

(a) no purchaser, assignee, mortgagee or tenant shall be bound to inquire as to the authority for any such dealing with the land by the society; and

(b) the receipt of the society shall be a discharge for all moneys arising from or in connection with any such dealing.

F1 1981 NI 3

Modifications etc. (not altering text)

C1 S. 30 excluded by S.I. 1992/1725 (N.I. 15), art. 13A(1) (as substituted (29.8.2020) by Housing (Amendment) Act (Northern Ireland) 2020 (c. 5), ss. 1(1), 10(2))