Co-operative and Community Benefit Societies Act 2014

153 (1) Section 54(1) (interpretation) is amended as follows. E+W+S

(2) In paragraph (c) of the definition of “financial year” for the words from “the Friendly” to the end substitute “ the Co-operative and Community Benefit Societies Act 2014 (see sections 77 and 78 of that Act); ”.

(3) Omit the definition of “industrial and provident society”.

(4) In the appropriate place insert—

““registered society” has the meaning given by section 1 of the Co-operative and Community Benefit Societies Act 2014;”.