Miscellaneous and general
22EF1F3Application of Act to registered societies
F41
In this section “registered society” has the same meaning as in the Co-operative and Community Benefit Societies Act 2014 (“the 2014 Act”).
2
This Act applies to registered societies as it applies to companies.
3
Accordingly, in this Act—
a
references to a company include a registered society, and
b
references to a director or an officer of a company include a member of the committee or an officer of a registered society.
In paragraph (b) “committee” and “officer” have the same meaning as in F5the 2014 Act: see section 149 of that Act.
4
As they apply in relation to registered societies, the provisions of this Act have effect with the following modifications—
a
in section 2(1) (disqualification on conviction of indictable offence), the reference to striking off includes cancellation of the registration of a society under F6the 2014 Act;
b
in section 3 (disqualification for persistent breaches) and section 5 (disqualification on summary conviction), references to the companies legislation shall be read as references to the legislation relating to registered societies;
F8c
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d
references to the registrar shall be read as references to the F2Financial Conduct Authority;
e
references to a shadow director shall be disregarded
g
references in sections 7(4)(a) and 15A(3)(b) to a company which has been dissolved without becoming insolvent are to be disregarded.
F95
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F76
The legislation relating to registered societies” means the Credit Unions Act 1979 and the Co-operative and Community Benefit Societies Act 2014.