3. In section 6(1) of the Act(1), for the words “ten thousand pounds” (denoting the limit on the interest any one member may hold in the shares of a society registered under that Act) there shall be substituted the words “twenty thousand pounds”.
Section 6(1) was amended by section 1 of the Industrial and Provident Societies Act 1975 and by S.I. 1981/395.