LegalizeIndustrial and Provident Societies Act 1965 (repealed)
Registered societies
Societies which may be registered
1
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Registration of society
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Registration to effect incorporation of society with limited liability
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Existing societies deemed to be registered
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Name and maximum shareholding
Name of society
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Maximum shareholding in society
6
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Operations of registered society
Carrying on of banking by societies
7
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Saving for rights of creditors.
8
Provisions as to rules
Acknowledgment of registration of rules
9
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Amendment of registered rules
10
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Rules as to fund for purchase of government securities
11
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Rules of agricultural, horticultural or forestry society
12
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Supplementary provisions as to rules
13
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Rules to bind members
14
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Provision of copies of rules
15
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Cancellation, suspension or refusal of registration of society or rules
Cancellation of registration of society
16
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Suspension of registration of society
17
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Appeal from refusal, cancellation or suspension of registration of society or rules
18
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Membership and special provisions affecting members
Bodies corporate as members of society
19
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Members under 21
20
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Advances to members
21
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Remedy for debts from members
22
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Nomination to property in society
23
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Proceedings on death of nominator
24
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Provision for intestacy
25
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Payments in respect of mentally incapable persons
26
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Validity of payment to persons apparently entitled
27
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Contracts, property, et ceteralaetc., of society
Promissory notes and bills of exchange
28
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Contracts
29
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Holding of land
30
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Investments
31
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Proxy voting by societies
32
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Discharge of mortgages in England and Wales
33
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Discharge of securities in Scotland
34
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Receipt on payment of moneys secured to a society
35
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Execution of deeds in Scotland
36
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Accounts, et ceteralaetc.
Audit of accounts
37
Appointment of approved auditors
38
- (1) The Treasury shall appoint persons to be approved auditors for the purposes of this Act and may determine the rates of remuneration to be paid by registered societies for the services of such auditors.
- (2) Subject to subsection (3) of this section no person shall be qualified to be appointed an approved auditor under the foregoing subsection unless he is a member of one or more of the following bodies, namely—
- (a) the Institute of Chartered Accountants in England and Wales;
- (b) the Institute of Chartered Accountants of Scotland ;
- (c) the Association of Certified and Corporate Accountants ;
- (d) the Institute of Chartered Accountants in Ireland ;
- (e) any other body of accountants established in the United Kingdom and for the time being recognised for the purposes of section 161(1)(a) of the Companies Act 1948 by the Board of Trade.
- (3) Nothing in subsection (2) of this section shall affect the qualification for appointment under subsection (1) of this section of a person who was an approved auditor for the purposes of the Act of 1893 on 30th June 1948.
Annual returns
39
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Display of latest balance sheet
40
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Officers, receivers, et ceteralaetc.
Security by officers
41
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Duty of officers of society to account
42
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Duties of receiver or manager of society's property
43
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Registers, books, et ceteralaetc.
Register of members and officers
44
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Restriction on inspection of books
45
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Inspection of books by members, etc.
46
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Inspection of books by order of registrar
47
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Production of documents and provision of information for certain purposes
48
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Appointment of inspectors and calling of special meetings
49
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Amalgamations, transfers of engagements and conversions
Amalgamation of societies
50
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Transfer of engagements between societies
51
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Conversion into, amalgamation with, or transfer of engagements to company
52
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Conversion of company into registered society
53
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Saving for rights of creditors
54
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Dissolution of society
Dissolution of registered society
55
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Power of registrar to petition for winding up
56
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Liability of members in winding up
57
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Instrument of dissolution
58
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Special restriction on dissolution, et ceteralaetc.
Restriction on dissolution or cancellation of registration of society
59
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Disputes, offences and legal proceedings
Decision of disputes
60
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General offences by societies, etc.
61
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Offences by societies to be also offences by officers, etc.
62
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Continuing offences
63
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Punishment of fraud or misappropriation
64
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Penalty for falsification
65
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Institution of proceedings
66
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Recovery of costs etc.
67
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Service of process
68
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Miscellaneous and general
Remuneration of county court registrars
69
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Fees
70
Regulations
71
Form, deposit and evidence of documents
72
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Registrars, central office, etc.
73
Interpretation—general
74
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Channel Islands
75
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Northern Ireland societies
76
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Repeals and savings
77
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Short title, extent and commencement
78
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SCHEDULE 1
1
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2
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3
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4
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5
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6
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7
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8
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9
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10
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11
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12
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13
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14
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SCHEDULE 2
1
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2
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3
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SCHEDULE 3
Part I
Forms applicable in England and Wales
Part II
Forms applicable in Scotland
SCHEDULE 4
Part I
Forms applicable in England, Wales and the Channel Islands
Part II
Form applicable in Scotland Form C
SCHEDULE 5
Registration of society.
70A
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Form A
Form applicable in Scotland
Editorial notes
[^c7138261]: This version of this provision extends to Scotland and the Channel Islands only; a separate version has been created for England and Wales only.
[^c7138271]: 1875 c. 83 .
[^c7138281]: Words substituted by Building Societies Act 1986 (c. 53, SIF 16) , s. 120 , Sch. 18 para. 6
[^c7138291]: 1961 c. 62 .
[^key-9c9ab52cad173f3ef171ac4d806ec79c]: S. 31(a) extended (24.6.2003) by The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003 (S.I. 2003/1633) , reg. 1(1) , Sch. 2 para. 14(b)
[^key-34c362397c3355edb42a2aea3f55402b]: Act repealed (1.8.2014 immediately after the Co-operative and Community Benefit Societies and Credit Unions Act 2010 came into force) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 7 (with Sch. 5) (Act previously amended (1.8.2014) by Co-operative and Community Benefit Societies and Credit Unions Act 2010 (c. 7), ss. 1, 8(2); S.I. 2014/183, art. 3)
Status of charitable societies to appear on correspondence etc
29A
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Execution of documents: Scotland.
29B
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Methods for execution of documents: England and Wales .
29C
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Execution of documents: Scotland.
29D
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Power of society to have official seal for use abroad.
29E
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Effect of use of official seal .
29F
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Authorisation of use of official seal .
29G
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Holding of land.
Repeals and savings.
Form A
5A
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Maximum shareholding in society.
Capacity of society and power of committee to bind it
Capacity of society not limited by its rules .
7A
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Power of committee to bind society .
7B
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No duty to enquire as to capacity of society or authority of committee.
7C
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Application of sections 7A and 7B to charitable societies .
7D
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Transactions with committee members and other persons in excess of powers .
7E
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Definitions relating to section 7E .
7F
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Provision for intestacy.
Common seal.
Methods for execution of documents: England and Wales .
Execution of documents: Scotland.
Power of society to have official seal for use abroad.
Effect of use of official seal .
Authorisation of use of official seal .
Effect of use of official seal .
Proxy voting by societies.
Authorisation of use of official seal .
Conversion of company into registered society.
Repeals and savings.
Form A
Investments.
Holding of land.
Receipt on payment of moneys secured to a society.
Display of latest balance sheet.
Security by officers.
Repeals and savings.
Form A
Provision for intestacy.
Amendment of registered rules.
Methods for execution of documents: England and Wales .
Execution of documents: Scotland.
Power of society to have official seal for use abroad.
Execution of documents: Scotland.
Power of society to have official seal for use abroad.
Investments.
Holding of land.
Discharge of securities in Scotland.
Execution of deeds in Scotland.
Security by officers.
Display of latest balance sheet.
Display of latest balance sheet.
The Limited hereby acknowledges to have received all moneys intended to be secured by the [within (or above) written] [annexed] deed [and by a further charge dated, etc.,or otherwise as required].
Transactions with committee members and other persons in excess of powers .
Definitions relating to section 7E .
Provision for intestacy.
Validity of payment to persons apparently entitled.
Common seal.
Methods for execution of documents: England and Wales .
Execution of documents: Scotland.
Power of society to have official seal for use abroad.
Effect of use of official seal .
Authorisation of use of official seal .
Proxy voting by societies.
Discharge of securities in Scotland.
Receipt on payment of moneys secured to a society.
Conversion of company into registered society.
Repeals and savings.
Form A
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