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Miscellaneous and generalU.K.

[F122E[F2Application of Act to registered societies]E+W+S

[F3(1)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 [F4the 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 [F5the 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;

F6(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d)references to the registrar shall be read as references to the [F7Financial Conduct Authority];

(e)references to a shadow director shall be disregarded

[F8(f)sections 6(1)(a)(ii) and (3)(d), 7(2)(b) [F9, 8ZA to 8ZE and 11A] are to 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.]

F10(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F11(6)The legislation relating to registered societies” means the Credit Unions Act 1979 and the Co-operative and Community Benefit Societies Act 2014.]]

Textual Amendments

F6S. 22E(4)(c) omitted (26.5.2015 for specified purposes, 1.10.2015 in so far as not already in force) by virtue of Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 7 para. 22(2)(a); S.I. 2015/1329, reg. 3(c); S.I. 2015/1689, reg. 2(g)

F8S. 22E(4)(f)(g) substituted for s. 22E(4)(f) (15.12.2021 for specified purposes, 15.2.2022 in so far as not already in force) by Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Act 2021 (c. 34), ss. 2(10), 4(4)(b)(5) (with s. 2(14))

F9Words in s. 22E(4)(f) substituted (26.10.2023 for specified purposes, 4.3.2024 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 37(5), 219(1)(2)(b); S.I. 2024/269, reg. 2(z1)

F10S. 22E(5) omitted (26.5.2015 for specified purposes, 1.10.2015 in so far as not already in force) by virtue of Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 7 para. 22(3); S.I. 2015/1329, reg. 3(c); S.I. 2015/1689, reg. 2(g)