The Credit Unions (Northern Ireland) Order 1985 No. 1205 (NI. 12)

Amalgamations and transfers of engagements N.I.

Restrictions on amalgamations and transfers of engagements N.I.

64.  For the purposes of Articles 65 and 66, a credit union with which another credit union may amalgamate or to which that other credit union may transfer its engagements or from which that other credit union may accept a transfer of engagements shall be a credit union with a membership which has a common bond similar to the common bond between the members of that other credit union.