Version Superseded: 01/04/2013
Point in time view as at 01/07/2011. This version of this provision has been superseded.
Housing and Regeneration Act 2008, Section 212 is up to date with all changes known to be in force on or before 04 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)This section applies to an industrial and provident society.
(2)An amendment of the society's rules requires consent if it—
(a)alters the society's objects,
(b)makes provision about the distribution of assets to members, or
(c)enables the society to become, or cease to be, a subsidiary or associate of another body.
(3)An amendment of the rules which requires consent is effective only if the regulator has first consented.
(4)The regulator may not consent to an amendment which it thinks would turn the society into a profit-making organisation.
(5)The society must notify the regulator of an amendment of the rules which does not require consent.
(6)In relation to an amendment which requires consent the requirement in section 10(1) of the Industrial and Provident Societies Act 1965 (c. 12) (sending copies of amendment of rules to FSA) is satisfied only if the copies are accompanied by a copy of the regulator's consent.
(7)The preceding provisions of this section shall be treated as if they formed part of that Act as well as of this Act.
(8)The Secretary of State may by order amend the list in subsection (2).
Commencement Information
I1S. 212(1)(3)-(7) in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)
I2S. 212(2)(8) in force at 8.9.2008 by S.I. 2008/2358, art. 3(1)
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