F2 Registered societies
F21 Societies which may be registered.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F22 Registration of society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F23 Registration to effect incorporation of society with limited liability.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F24 Existing societies deemed to be registered.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F24A Pre-2010 Act societies
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Operations of registered society
F27 Carrying on of banking by societies.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2Capacity of society and power of committee to bind it
F27ACapacity of society not limited by its rules .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F27BPower of committee to bind society .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F27CNo duty to enquire as to capacity of society or authority of committee.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F27DApplication of sections 7A and 7B to charitable societies .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F27ETransactions with committee members and other persons in excess of powers .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F27FDefinitions relating to section 7E .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Provisions as to rules
F29 Acknowledgment of registration of rules.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F210 Amendment of registered rules.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F211 Rules as to fund for purchase of government securities.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F212 Rules of agricultural, horticultural or forestry society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F213 Supplementary provisions as to rules.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F214 Rules to bind members.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F215 Provision of copies of rules.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Cancellation, suspension or refusal of registration of society or rules
F216 Cancellation of registration of society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F217 Suspension of registration of society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F218 Appeal from refusal, cancellation or suspension of registration of society or rules.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Membership and special provisions affecting members
F219 Bodies corporate as members of society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F220 Members under 21.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F221 Advances to members.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F222 Remedy for debts from members.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F223 Nomination to property in society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F224 Proceedings on death of nominator.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F225 Provision for intestacy.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F226 Payments in respect of mentally incapable persons.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F227 Validity of payment to persons apparently entitled.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Contracts, property, et ceteralaetc., of society
F228 Promissory notes and bills of exchange.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F229 Contracts.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F229A Purported contracts, deeds and obligations .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F229BCommon seal.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F229CMethods for execution of documents: England and Wales .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F229DExecution of documents: Scotland.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F229EPower of society to have official seal for use abroad.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F229FEffect of use of official seal .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F229GAuthorisation of use of official seal .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F230 Holding of land.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F231 Investments.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E1 31 Investments.
A registered society may invest any part of its funds in or upon any security authorised by its registered rules, and also, unless those rules direct otherwise—
C1 a
in or upon any mortgage, bond, debenture, debenture stock, corporation stock, annuity, rentcharge, rent or other security (not being securities payable to bearer) authorised by or under any Act ofany local authority within the meaning of the M1 Local Loans Act 1875;
b
in the shares or on the security of any other registered society, of any F1building society within the meaning of the Building Societies Act 1986, or of any company registered under the Companies Acts or incorporated by Act of Parliament or by charter, being a society or company with limited liability;
c
in or upon any other security, being a security in which trustees are for the time being authorised by law to invest, for which purpose sections 1 to 6 of the M2 Trustee Investments Act 1961 shall apply as if the society were a trustee and its funds were trust property.
F232 Proxy voting by societies.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F233 Discharge of mortgages in England and Wales.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F234 Discharge of securities in Scotland.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F235 Receipt on payment of moneys secured to a society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 36 Execution of deeds in Scotland.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Accounts, et ceteralaetc.
F237. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F239 Annual returns.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F239AYear of account (existing registrations)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F239BYear of account (new registrations)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F240 Display of latest balance sheet.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Officers, receivers, et ceteralaetc.
F241 Security by officers.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F242 Duty of officers of society to account.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F243 Duties of receiver or manager of society’s property.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F243AFloating charge holder not to appoint administrative receiver
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Registers, books, et ceteralaetc.
F244 Register of members and officers.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F245 Restriction on inspection of books.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F246 Inspection of books by members, etc.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F247 Inspection of books by order of registrar.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F248 Production of documents and provision of information for certain purposes.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F249 Appointment of inspectors and calling of special meetings.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Amalgamations, transfers of engagements and conversions
F250 Amalgamation of societies.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F251 Transfer of engagements between societies.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F252 Conversion into, amalgamation with, or transfer of engagements to company.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F253 Conversion of company into registered society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F254 Saving for rights of creditors.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Dissolution of society
F255Dissolution of society
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F256 Power of FCA and PRA to petition for winding up.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F257 Liability of members in winding up.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F258 Instrument of dissolution.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Special restriction on dissolution, et ceteralaetc.
F259 Restriction on dissolution or cancellation of registration of society.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Disputes, offences and legal proceedings
F260 Decision of disputes.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F261 General offences by societies, etc.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F262 Offences by societies to be also offences by officers, etc.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F263 Continuing offences.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F264 Punishment of fraud or misappropriation.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F265 Penalty for falsification.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F266 Institution of proceedings.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F267 Recovery of costs, etc.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F268 Service of process.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 Miscellaneous and general
F269 Remuneration of county court registrars.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F270. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F270A Fees for inspection or copying of documents.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F271 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F272Form, delivery and evidence of documents
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F272A Form etc. of electronic documents ...
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F273. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F274 Interpretation—general.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F274A Meaning of “electronic form”, “by electronic means” etc.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2 75 Channel Islands.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F276 Northern Ireland societies.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F277 Repeals and savings.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F278 Short title, extent and commencement.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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)