The Industrial and Provident Societies (Credit Unions) (Fees) Regulations 2001

14.  For the acknowledgement of registration of a credit union the rules of which are in the form of model rules approved by a registrar, where the application for registration is made through and endorsed by the sponsoring association or body which has sponsored the rules contained in the said model and—

(a)where the appropriate registrar considers it appropriate, in accordance with section 1(5)(a) of the Credit Unions Act 1979, to treat a statutory declaration as evidence of a common bond;