SCHEDULES
SCHEDULE 15 Application of Companies Winding Up Legislation to Building Societies
F1Part III Modified application of Insolvency (Northern Ireland) Order 1989
Annotations:
Amendments (Textual)
Parts V and XI
Members of a building society as contributories in winding up
35
1
Article 61 (liability of members) is modified as follows.
2
In paragraph (1), the reference to any past member shall be omitted.
3
Sub-paragraphs (a) to (d) of paragraph (2) shall be omitted; and so shall paragraph (3).
4
The extent of the liability of a member of a building society in a winding up shall not exceed the extent of his liability under paragraph 6 of Schedule 2 to this Act.
Sch. 15 paras. 34-55E substituted (N.I.) (1.10.1991) for Sch. 15 paras. 34-55 by S.I. 1989/2405 (N.I. 19), arts. 2(1), 381, Sch. 9 Pt. II para. 45(c); S.R. 1991/411, art. 2