Credit Unions Act 1979

13E+W+SProvision for terminating the membership of members in order to comply with—

F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)the limit provided for in subsection (6) of section 5 above on the number of non-qualifying members of a credit union;

and for the repayment of the shares held by, and of any loans made to, a member whose membership is terminated for such a purpose.

Textual Amendments

F1Words in Sch. 1 para. 13(a) omitted (2.7.2002) by virtue of S.I. 2002/1501, arts. 1(1), 2(21)(c)