- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (09/06/1997)
- Gwreiddiol (Fel y'i Deddfwyd)
Building Societies Act 1986
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- Deddfau Cyhoeddus Cyffredinol y Deyrnas Unedig
- 1986 c. 53
- SCHEDULE 2
- Part III
- Annual general meeting
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Nodweddion Uwch
- Dangos Graddfa Ddaearyddol(e.e. Lloegr, Cymru, Yr Alban aca Gogledd Iwerddon)
- Dangos Llinell Amser Newidiadau
Rhagor o Adnoddau
Changes over time for: Cross Heading: Annual general meeting
Version Superseded: 17/08/2001
Alternative versions:
- 01/02/1991- Amendment
- 09/06/1997
Point in time - 17/08/2001- Amendment
- 01/04/2013- Amendment
Status:
Point in time view as at 09/06/1997.
Changes to legislation:
Building Societies Act 1986, Cross Heading: Annual general meeting is up to date with all changes known to be in force on or before 07 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Annual general meetingU.K.
20(1)Subject to sub-paragraph (2) below, every building society shall hold a meeting in the first four months of each financial year as its annual general meeting (in addition to any other meetings in that year) and shall specify the meeting as such in the notices calling it.
(2)Sub-paragraph (1) above does not require a building society to hold an annual general meeting in the calendar year in which it is incorporated.
(3)If default is made in holding a meeting in accordance with sub-paragraph (1) above, the Commission may—
(a)call, or direct the calling of, an annual general meeting in that financial year, and
(b)give such ancillary or consequential directions as it thinks expedient, including directions modifying or supplementing the operation of the rules of the society in relation to the calling, holding and conducting of the meeting.
(4)Notwithstanding anything in the rules of a building society, the business which may be dealt with at the annual general meeting shall include any resolution whether special or not.
(5)In any case where default is made—
(a)in holding an annual general meeting in accordance with sub-paragraph (1) above, or
(b)in complying with any directions of the Commission given under sub-paragraph (3) above,
the building society shall be liable on summary conviction to a fine not exceeding level 4 on the standard scale and so shall any officer who is also guilty of the offence.
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