http://www.legislation.gov.uk/apni/1969/24/section/56Co-operative and Community Benefit Societies Act (Northern Ireland) 1969 An Act to consolidate with amendments the provisions of certain enactments relating to industrial and provident societies and to apply those provisions with modifications to credit unions.texttext/xmlenStatute Law Database2024-05-15Expert Participation2020-12-08 PART II561Subject to subsection (2), the registrar may, if the registrar thinks fit, on the application of ten members of a registered society each of whom has been a member of the society for not less than twelve months immediately preceding the date of the application, appoint an accountant or actuary to inspect the books of the society and to report thereon.2The members making an application under subsection (1) shall deposit with the registrar as security for the costs of the proposed inspection such sum as the registrar may require; and all expenses of and incidental to the inspection shall be defrayed by the applicants, or out of the funds of the society, or by the members or officers, or former members or officers, of the society, in such proportions as the registrar shall direct.3A person appointed under this section shall have power to make copies of any books of the society, and to take extracts therefrom, at all reasonable hours at the society's registered office or at any other place where those books are kept.4The registrar shall communicate the results of any inspection under this section to the applicants and to the society.Words in s. 56(1) substituted (6.4.2018 immediately after 2016 c. 16 (N.I.), s. 8(2) comes into force) by The Financial Services Act 2012 (Mutual Societies) Order 2018 (S.I. 2018/323), art. 1, Sch. 2 para. 2(e) (with art. 3)Words in s. 56(2) substituted (6.4.2018 immediately after 2016 c. 16 (N.I.), s. 8(2) comes into force) by The Financial Services Act 2012 (Mutual Societies) Order 2018 (S.I. 2018/323), art. 1, Sch. 2 para. 2(e) (with art. 3)