The Credit Unions (Deposits and Loans) Order (Northern Ireland) 2006 No. 78

Limit on deposits by persons too young to be members

3.  Article 26(1) of the 1985 Order (which provides that a credit union may take deposits up to a total of £1,000(1) from a person who is under the age at which, by virtue of Article 15(2), he may become a member of the credit union), is amended so as to specify the amount of £10,000 instead of £1,000.

(1)

S.R. 1993/429 Article 5

(2)

S.I. 1985/1205 (N.I. 12) Article 15