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Co-operative and Community Benefit Societies Act 2014
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- UK Public General Acts
- 2014 c. 14
- SCHEDULE 4
- Part 2
- Paragraph 81
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Proceeds of Crime Act 2002 (c. 29)
81(1)Paragraph 2(1)(a) of Schedule 9 to the Proceeds of Crime Act 2002 (regulated sector and supervisory authorities) is amended as follows.
(2)For “section 6 of the Industrial and Provident Societies Act 1965 (maximum shareholding in society)” substitute “section 24 of the Co-operative and Community Benefit Societies Act 2014 (maximum interest in a society’s withdrawable shares)”.
(3)For “section 7(3) of that Act (carrying on of banking by societies)” substitute “section 67(2) of that Act (registered society with withdrawable share capital not to carry on banking etc)”.
(4)For “a society registered under that Act” substitute “a registered society within the meaning of that Act”.
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