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- Point in Time (10/11/2004)
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Version Superseded: 05/12/2005
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There are currently no known outstanding effects for the Industrial and Provident Societies Act 1965 (repealed), Section 25.
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(1)If any member of a registered society dies . . . F1 and at his death his property in the society in respect of shares, loans or deposits does not exceed in the whole [F2£5,000] and is not the subject of any nomination under section 23 of this Act, then, subject to subsection (2) of this section, the committee of the society may, without letters of administration [F3or probate of any will] or, in Scotland, without confirmation having been obtained, distribute that property among such persons as appear to the committee on such evidence as they deem satisfactory to be entitled by law to receive it.
(2)If the member aforesaid was illegitimate [F4and leaves no widow, widower or issue, (including any illegitimate child of the member) and neither of his parents survives him], the committee shall deal with his property in the society as the Treasury shall direct.
Textual Amendments
F1Word repealed by Administration of Estates (Small Payments) Act 1965 (c. 32), Sch. 3
F2 “£5,000” substituted by virtue of Administration of Estates (Small Payments) Act 1965 (c. 32, SIF 116:1), ss. 1(1), 6, Sch. 1 Pt. I and S.I. 1984/539, art. 2(a)
F3Words inserted by Administration of Estates (Small Payments) Act 1965 (c. 32), Sch. 3
F4Words substituted by Family Law Reform Act 1969 (c. 46), s. 19(2)
Modifications etc. (not altering text)
C1Power to amend s. 25 conferred by Administration of Estates (Small Payments) Act 1965 (c. 32), s. 6(1), Sch. 1 Pt. I
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