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Industrial and Provident Societies Act 1967

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This is the original version (as it was originally enacted).

ScheduleModifications to Companies (Floating Charges) (Scotland) Act 1961 in its application to Registered Societies by virtue of Part II of this Act

1In section 1(2), the reference to section 106a of the Act of 1948 shall be omitted'.

2In section 2, the reference to the Court of Session shall be construed as a reference to any sheriff court.

3In section 3, the reference to the Act of 1948 shall be construed as a reference to such provisions of that Act as apply (by virtue of section 55 of the principal Act) to registered societies.

4In section 4, the reference to section 399(5) of the Act of 1948 shall be omitted; and the reference to the Court of Session shall be construed as a reference to any sheriff court

5Section 5 shall have effect as if, at the end thereof, there were inserted the following subsection:—

(6)In this section as applied by Part II of the Industrial and Provident Societies Act 1967 to registered societies within the meaning of that Part' the registrar', in relation to a floating charge created by such a society, means the Assistant Registrar of Friendly Societies for Scotland ; and references to registration, in relation to such a charge, are references to the deliverance to the registrar of the documents required by section 4(1) of the said Act of 1967 to be so delivered.

6Section 6 and Schedule 2 shall be omitted.

7Paragraph (d) of section 8 shall be omitted.

8In this Schedule, " Act of 1948 " has the same meaning as in the Act of 1961.

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