The Industrial and Provident Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014

Ending administration

This section has no associated Explanatory Memorandum

30.  In paragraph 80 (termination of administration where objective achieved)—

(a)sub-paragraph (4) has effect as if it required the administrator, where the administrator sends a copy of a notice filed under sub-paragraph (2) to creditors, to send a copy also to the members of the society; and

(b)in sub-paragraph (5) a reference to a creditor includes a reference to a member of the society.