Credit Unions Act 1979

13Provision for terminating the membership of members in order to comply with—

(a)the limit on the number of members of a credit union for the time being provided for in subsection (2) of section 6 above or, if a conditional exemption has been granted under subsection (5) of that section, any other limit which may be specified as a condition of that exemption; and

(b)the limit provided for in subsection (6) of section 5 above on the number of non-qualifying members of a credit union;

and for the repayment of the shares held by, and of any loans made to, a member whose membership is terminated for such a purpose.