Search Legislation

Credit Unions and Co-operative and Community Benefit Societies Act (Northern Ireland) 2016

Status:

This is the original version (as it was originally enacted).

Application of directors disqualification provisions to credit unions

This section has no associated Explanatory Notes

7.  In the Company Directors Disqualification (Northern Ireland) Order 2002 after Article 25A insert—

25B.    Application of Order to credit unions

(1) This Order applies to credit unions as it applies to companies.

(2) Accordingly, in this Order—

(a)references to a company include a credit union,

(b)references to a director of a company include a member of the board of directors of a credit union, and

(c)references to an officer of a company include an officer of a credit union.

(3) In its application in relation to credit unions, this Order has effect as if—

(a)in Article 5(1) the reference to striking off included the cancellation of the registration of a credit union under the 1985 Order;

(b)in Articles 6(1) and 8(1) references to the companies legislation included the 1985 Order;

(c)Articles 11A to 11E were omitted;

(d)references to the registrar were to the registrar as defined in Article 2A of the 1985 Order;

(e)references to a shadow director were omitted.

(4) In this Article—

“board of directors”, “credit union” and “officer” (in relation to a credit union) have the meaning given by Article 2(2) of the 1985 Order;

“the 1985 Order” means the Credit Unions (Northern Ireland) Order 1985..

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

See additional information alongside the content

Show Explanatory Notes for Sections: Displays relevant parts of the explanatory notes interweaved within the legislation content.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Explanatory Notes

Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources