The Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Commencement No. 1) Order 2013

Made: 18th November 2013

The Treasury, in exercise of the powers conferred by section 8(2) of the Co-operative and Community Benefit Societies and Credit Unions Act 2010[^f00001], make the following Order:

Citation

1

This Order may be cited as the Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Commencement No. 1) Order 2013.

Provisions coming into force on 1st December 2013

2

Sections 4, 5, 6 and 7 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010 come into force on 1st December 2013.

Signed

Stephen Crabb — Mark Lancaster — Two of the Lords Commissioners of Her Majesty’s Treasury — 18th November 2013

Explanatory note

(This note is not part of the Order)

EXPLANATORY NOTE

This Order brings into force on 1st December 2013 sections 4 to 7 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010 (c.7) (the “2010 Act”). Section 4 gives the Treasury power by regulations to apply to societies registered under the Industrial and Provident Societies Act 1965 (c.12) certain statutory provisions applying to companies. Section 5 gives the Treasury power by regulations to make provision for credit unions corresponding to provision for building societies. Section 6 gives the Treasury power by regulations to make amendments to legislation in consequence of the 2010 Act. Section 7 contains provision about regulations under the 2010 Act.

Footnotes

[^f00001]: 2010 c.7.