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Version Superseded: 01/10/2009
Point in time view as at 03/07/2002. This version of this provision has been superseded.
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There are currently no known outstanding effects for the Credit Unions Act 1979, Section 6.
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(1)The minimum number of members of a credit union shall be twenty-one and, accordingly, in the following provisions, namely—
(a)section 2(1) of the 1965 Act, as it applies to registration as a credit union and to an application therefor,
(b)section 16(1)(a)(i) of that Act, as it applies to the cancellation of such a registration,
(c)section 53(2) of that Act, as it applies to the conversion of a company into a credit union, and
(d)[F1section][F2122(1)(e) of the Insolvency Act 1986] as it applies by virtue of section 55(a) of the 1965 Act to the presentation of a petition for winding up a credit union,
for the word [F3three][F4(or, in the case of section [F5122(1)(e) of the Act of 1986], for the word “two")] there shall be substituted the words “ twenty-one" ”.
F6(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F6(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F6(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F6(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F6(6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Word substituted by virtue of Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 30, Sch. 2
F2Words substituted by virtue of Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 30, Sch. 2 and Insolvency Act 1986 (c. 45, SIF 66), s. 439(2), Sch. 14
F3Word in S. 6(1) substituted (1.9.1996) by S.I. 1996/1738 arts. 1, 3(2)(b)
F4Words inserted by virtue of Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 30, Sch. 2
F5Words substituted by Insolvency Act 1986 (c. 45, SIF 66), s. 439(2), Sch. 14
F6S. 6(2)-(6) repealed (2.7.2002) by 2000 c. 8, ss. 338(4), 432(3), Sch. 18 Pt. V para. 21, Sch. 22; S.I. 2001/3538, art. 2(5)
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