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

1. Introductory Text

2. PART I SOCIETIES WHICH MAY BE REGISTERED

   1. 1. Societies which may be registered.

   2. 1A. Meaning of “registered society”

3. PART II REGISTERED SOCIETIES

   1. Registration of Societies

      1. 2. Registration of society.

      2. 3. Registration to effect incorporation of society with limited liability.

      3. 4. Existing societies deemed to be registered.

   2. Name and maximum shareholding

      1. 5. Name of society.

      2. 6. Maximum shareholding in society.

   3. Operations of registered society

      1. 7. Carrying on of banking by societies.

   4. Capacity of society and power of committee to bind it

      1. 7A. Capacity of society not limited by its rules

      2. 7B. Power of committee to bind society

      3. 7C. No duty to enquire as to capacity of society or authority of committee

      4. 7D. Transactions with committee members and other persons in excess of powers

      5. 7E. Definitions relating to section 7D

   5. Provisions as to rules

      1. 8. Acknowledgment of registration of rules.

      2. 9. Amendment of registered rules.

      3. 10. Rules as to fund for purchase of government securities.

      4. 11. Rules of agricultural, horticultural or forestry society.

      5. 12. Supplementary provisions as to rules.

      6. 13. Rules to bind members.

      7. 14. Provision of copies of rules.

   6. Cancellation, suspension or refusal of registration of society or rules

      1. 15. Cancellation of registration of society.

      2. 16. Suspension of registration of society.

      3. 17. Appeal from refusal, cancellation or suspension of registration of society or rules.

   7. Membership and special provisions affecting members

      1. 18. Bodies corporate as members of society.

      2. 19. Members under age of 18

      3. 20. Advances to members.

      4. 21. Remedy for debts from members.

      5. 22. Nomination to property in society.

      6. 23. Proceedings on death of nominator.

      7. 24. Provision for small payments on death.

      8. 25. Payments in respect of mentally incapable persons.

      9. 26. Validity of payment to persons apparently entitled.

   8. Contracts, property, etc., of society

      1. 27. Promissory notes and bills of exchange.

      2. 28. Contracts.

      3. 28A. Purported contracts, deeds and obligations

      4. 28B. Common seal

      5. 28C. Execution of documents

      6. 28D. Power of society to have official seal for use abroad

      7. 28E. Effect of use of official seal

      8. 28F. Authorisation of use of official seal

      9. 29. Charges on assets of registered societies.

      10. 30. Holding of land.

      11. 31. Investments.

      12. 32. Proxy voting by societies.

      13. 33. Discharge of mortgages.

      14. 34. Receipt on payment of moneys secured to a society.

   9. Accounts, etc.

      1. 35. Books of account, etc.

      2. 36. Form in which books of account may be kept.

      3. 36A. Year of account (existing societies)

      4. 36B. Year of account (new registrations)

      5. 37. General provisions as to accounts and balance sheets of registered societies.

      6. 37A. Publication of accounts and balance sheets of registered societies.

      7. 38. Obligation to appoint auditors.

      8. 38A. Power of registered societies to disapply section 38.

      9. 39. Re-appointment and removal of qualified auditors.

      10. 40. Provisions as to resolutions relating to appointment and removal of auditors.

      11. 41. Meaning of qualified auditor

      12. 42. Restrictions on appointment of auditors.

      13. 43. Auditors' report and right of access to books and to attend and be heard at meetings.

      14. 43A. Duty to obtain accountant's reports where section 38 applied.

      15. 43B. Rights of person appointed under section 43A(2).

      16. 43C. Registrar's power to require accounts for past years to be audited.

      17. 44. Remuneration of qualified auditors.

      18. 45. Group accounts.

      19. 46. Exemption from requirements in respect of group accounts.

      20. 47. Meaning of “subsidiary” .

      21. 48. Annual returns.

      22. 49. Display of latest balance sheet.

   10. Officers, receivers, etc.

       1. 50. Security by officers.

       2. 51. Duty of officers of society to account.

       3. 52. Duties of receiver or manager of society's property.

   11. Registers, books, etc.

       1. 53. Register of members and officers.

       2. 54. Restriction on inspection of books.

       3. 55. Inspection of books by members, etc.

       4. 56. Inspection of books by order of registrar.

       5. 57. Production of documents and provision of information for certain purposes.

       6. 58. Appointment of inspectors and calling of special meetings.

   12. Amalgamations, transfers of engagements and conversions

       1. 59. Amalgamation of societies.

       2. 60. Transfer of engagements between societies.

       3. 61. Conversion into, or transfer of engagements to, company.

       4. 62. Conversion of company into registered society.

       5. 63. Saving for rights of creditors.

   13. Dissolution of society

       1. 64. Dissolution of registered society on winding up .

       2. 65. Power of registrar to petition for winding-up.

       3. 66. Liability of members in winding-up.

       4. 66A. Dissolution of a society by an instrument of dissolution

       5. 67. Instrument of dissolution.

   14. Special restriction on dissolution, etc.

       1. 68. Restriction on dissolution or cancellation or registration of society.

   15. Disputes, offences and legal proceedings

       1. 69. Decision of disputes.

       2. 70. General offences by societies, etc.

       3. 71. Offences by societies to be also offences by officers, etc.

       4. 72. Continuing offences.

       5. 73. Punishment of fraud or misappropriation.

       6. 74. Penalty for falsification.

       7. 75. Institution of proceedings.

       8. 76. Recovery of costs, etc.

       9. 77. Application of Part II to credit unions.

4. Pt III (ss. 78-96) rep. by 1985 NI 12

   1. Pt III (ss. 78-96) rep. by 1985 NI 12

5. PART IV MISCELLANEOUS AND GENERAL

   1. 97. Regulations.

   2. 98. Form, deposit and evidence of documents.

   3. 98A. Form etc of electronic documents

   4. 98B. Power of registrar to impose requirements as to form etc of electronic documents

   5. 98C. Fees for inspection and copying of documents

   6. 99. Exercise of functions of registrar.

   7. 100. Annual reports by registrar.

   8. 101. Interpretation.

   9. 102. Great Britain societies.

   10. 103. Repeals, savings and transitional provisions.

   11. 104. Short title and commencement.

6. SCHEDULES

   1. SCHEDULE 1

      MATTERS TO BE PROVIDED FOR IN SOCIETY'S RULES

      1. PART I INDUSTRIAL AND PROVIDENT SOCIETIES. . .

         1. 1. The name of the society, which shall comply with the requirements of section 5.

         2. 2. The objects of the society.

         3. 3. The place which is to be the registered office of the society to which all...

         4. 4. The terms of admission of the members, including any society or company investing funds in...

         5. 5. The mode of holding meetings, the scale and right of voting, and the mode of...

         6. 6. The appointment and removal of a committee, by whatever name, and of managers or other...

         7. 7. Determination in accordance with section 6 of the maximum amount of the interest in the...

         8. 8. Determination whether the society may contract loans or receive moneys on deposit subject to the...

         9. 9. Determination whether the shares or any of them shall be transferable, and provision for the...

         10. 10. Provision for the audit of accounts.

         11. 11. Determination whether and, if so, how members may withdraw from the society, and provision for...

         12. 12. The mode of application of profits of the society.

         13. 13. If the society is to have a common seal, provision for its custody and use.

         14. 14. Determination whether and, if so, by what authority, and in what manner, any part of...

   2. SCHEDULE 2

      FORM OF STATEMENT BY SOCIETY CARRYING ON BANKING

      1. 1. Capital of the society on 1st January or 1st July last previous:— (a) nominal amount...

      2. 2. Liabilities of the society on the same date:— (a) on judgments; (b) on speciality; (c)...

      3. 3. Assets of the society on the same date:— (a) government securities (stating them); (b) bills...

   3. SCHEDULE 3

      FORM OF RECEIPT ON MORTGAGE, ETC.

      1. Members of the Committee Secretary

      2. Members of the Committee Secretary

   4. SCHEDULE 4

      FORMS OF BOND FOR OFFICERS OF SOCIETY

      1. FORM A Know all men by these presents, that we, A.B., of   one of the officers...

      2. FORM B Know all men by these presents that I  , of   , in the county...

         1.   and   *If no words are struck out in the bond or condition, strike out these...

         2.   and   *If no words are struck out in the bond or condition, strike out these...

   5. SCHEDULE 5

      TRANSITIONAL PROVISIONS

      1. 1. . . . . . . . . . . . . . . ....

      2. 2. . . . . . . . . . . . . . . ....

      3. 3. . . . . . . . . . . . . . . ....

      4. 4. . . . . . . . . . . . . . . ....

      5. 5. . . . . . . . . . . . . . . ....

   6. Schedule 6—Repeals