Rules and membership

6 Minimum and maximum number of members.

(1)

The minimum number of members of a credit union shall be twenty-one F1....

F2(1A)

Accordingly, references in the following provisions to 3 members are to be read as 21 members—

(a)

section 3(1)(a)(i) of the 2014 Act as it applies to an application for registration as a credit union;

(b)

section 5(3)(b) of that Act as it applies to the cancellation of a credit union's registration;

(c)

section 115(2) as it applies to the conversion of a company into a credit union.

F3(2)

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F3(3)

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F3(4)

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F3(5)

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F3(6)

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