SCHEDULE 2 Establishment, Incorporation and Constitution of Building Societies
Part III Meetings, Resolutions and Postal Ballots
Persons entitled to notice of meetings
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(1)
Subject to the provisions of this Part of this Schedule, notice of a meeting of a building society shall be given to every member of the society who would be eligible to vote at the meeting if the meeting were held on the date of the notice.
F1(2)
Notice of the meeting shall, subject to those provisions, be given also to every person—
(a)
who becomes a shareholding or borrowing member of the society after the date of the notice under sub-paragraph (1) above and before the specified date; or
(b)
who, being such a member at the date of that notice, attains the age of 18 after that date and on or before the date of the meeting,
and who would (in either case) be eligible to vote at the meeting if he remained such a member until the date of the meeting.
(2A)
In sub-paragraph (2) above “the specified date” means the date specified by the society as the final date for the receipt of F2appointments of proxies to vote at the meeting.
(3)
Accidental omission to give notice of a meeting to, or non-receipt of notice of a meeting by, any person entitled to receive notice of the meeting does not invalidate the proceedings at that meeting.