Industrial and Provident Societies Act 1965

SCHEDULES

Section 1.

SCHEDULE 1 Matters to be Provided for in Society's Rules

1 The name of the society, which shall comply with the requirements of section 5 of this Act.

2 The objects of the society.

3 The place which is to be the registered office of the society to which all communications and notices to the society may be addressed.

4 The terms of admission of the members, including any society or company investing funds in the society under the provisions of this Act

5 The mode of holding meetings, the scale and right of voting, and the mode of making, altering or rescinding rules.

6 The appointment and removal of a committee, by whatever name, and of managers or other officers and their respective powers and remuneration.

7 Determination in accordance with section 6 of this Act of the maximum amount of the interest in the shares of the society which may be held by any member otherwise than by virtue of section 6(1)(a), (b) or (c) of this Act.

8 Determination whether the society may contract loans or receive moneys on deposit subject to the provisions of this Act from members or others; and, if so, under what conditions, under what security, and to what limits of amount

9 Determination whether the shares or any of them shall be transferable, and provision for the form of transfer and registration of the shares, and for the consent of the committee thereto; determination whether the shares or any of them shall be withdrawable, and provision for the mode of withdrawal and for payment of the balance due thereon on withdrawing from the society.

10 Provision for the audit of accounts by one or more approved auditors.

11 Determination whether and, if so, how members may withdraw from the society, and provision for the claims of the representatives of deceased members, or the trustees of the property of bankrupt members or, in Scotland, members whose estate has been sequestrated, and for the payment of nominees.

12 The mode of application of profits of the society.

13 Provision for the custody and use of the society's seal.

14 Determination whether and, if so, by what authority, and in what manner, any part of the society's funds may be invested.

Section 7.

SCHEDULE 2 Form of Statement by Society Carrying on Banking

1 Capital of the society:—

(a) nominal amount of each share;

(b) number of shares issued;

(c) amount paid up on shares.

2 Liabilities of the society on 1st January or 1st July last previous:—

(a) on judgments;

(b) on specialty;

(c) on notes or bills;

(d) on simple contract;

(e) on estimated liabilities.

3 Assets of the society on the same date :—

(a) government securities (stating them);

(b) bills of exchange and promissory notes;

(c) cash at the bankers;

(d) other securities.

Sections 33, 34 and 35.

SCHEDULE 3 Form of Receipt on Mortgage, Heritable Security, Etc

PART I

Forms applicable in England and Wales

FORM A

FORM B

PART II

Forms applicable in Scotland

FORM C

FORM D

FORM E

Section 41.

SCHEDULE 4 Forms of Bond for Officers of Society

PART I

Forms applicable in England, Wales and the Channel Islands

FORM A

FORM B

PART II

Form applicable in Scotland Form C

FORM C

Section 77.

SCHEDULE 5 REPEALS

Chapter	Short Title	Extent of Repeal
56 & 57 Vict. c. 39.	The Industrial and Provident Societies Act 1893.	The whole Act.
57 & 58 Vict, c. 8.	The Industrial and Provident Societies Act 1894.	The whole Act.
58 & 59 Vict, c. 30.	The Industrial and Provident Societies (Amendment) Act 1895.	The whole Act.
3 & 4 Geo. 5. c. 31.	The Industrial and Provident Societies (Amendment) Act 1913.	The whole Act.
15 & 16 Geo. 5. c. 20.	The Law of Property Act 1925.	In section 115(9), the words " industrial or provident ".
18 & 19 Geo. 5. c.4.	The Industrial and Provident Societies (Amendment) Act 1928.	The whole Act.
3 & 4 Geo. 6. c. 19.	The Societies (Miscellaneous Provisions) Act 1940.	In section 8(1), the words from "or any "to" 1928 ".
		In section 10(1), in the definition of "society", the words from " any society registered " to " 1928 "
11 & 12 Geo. 6. c. 39.	The Industrial Assurance and Friendly Societies Act 1948.	Section 18(3)(d).
		In section 19(5), the words from " or in any of the " to the end of paragraph (c).
		In section 20(1), the words from "and of "to" 1893 " and paragraph (c).
		In section 20(2), the words from " or under" to " 1893 ".
		In section 21, the words from "and of "to" 1893 "
14 Geo. 6. c. 34.	The Housing (Scotland) Act 1950.	Section 79(2), from "and, notwithstanding " onwards.
15 & 16 Geo. 6. & 1 Eliz. 2. c. 17.	The Industrial and Provident Societies Act 1952.	The whole Act.
2 & 3 Eliz. 2. c. 43.	The Industrial and Provident Societies (Amendment) Act 1954.	The whole Act.
5 & 6 Eliz. 2. c. 56.	The Housing Act 1957.	Section 119(4).
6 & 7 Eliz. 2. c. 45.	The Prevention of Fraud (Investments) Act 1958.	Section 10.
7 & 8 Eliz. 2. c. 72.	The Mental Health Act 1959.	So much of Schedule 5 as relates to the Industrial and Provident Societies Act 1893.
9 & 10 Eliz. 2. c. 28.	The Industrial and Provident Societies Act 1961.	The whole Act.