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Part IIIE+W General

Co-Societies, &c. Societies,&.E+W

49 Co-operative societies, &c.E+W

(1)A county [F1or borough or urban district] council may promote the formation or extension of, and may, subject to the provisions of this section, assist, societies on a co-operative basis, having for their object, or one of their objects, the provision or the profitable working of small holdings or allotments, whether in relation to the purchase of requisites, the sale of produce, credit banking, or insurance, or otherwise, and may employ as their agents for the purpose any such society as is mentioned in subsection (4) of this section.

(2)The county [F1or borough or urban district] council, . . . F2may for the purpose of assisting a society make grants or advances to the society, or guarantee advances made to the society, upon such terms and conditions as to rate of interest and repayment or otherwise, and on such security, as the council think fit. [F3The council may also let to the society accommodation for the storage or sale of goods.]

(3)Where the Board themselves provide small holdings . . . F4 they may, with respect to any such society carrying on business or intending to carry on business in the neighbourhood of those small holdings, exercise the powers of a county council under this section, and the provisions of this section shall apply accordingly, F5. . ..

(4)The Board with the consent of the Treasury may F6. . . make grants, upon such terms as the Board may determine, to any society having as its object or one of its objects the promotion of co-operation in connection with the cultivation of small holdings or allotments.

Textual Amendments

F1Words inserted by Land Settlement(Facilities) Act 1919 (c. 59), Sch.2

F4Words repealed by Land Settlement(Facilities) Act 1919 (c. 59), Sch.3

F5Words in s. 49(3) repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt.III

F6Words in s. 49(4) repealed (5.11.1993) by 1993 c. 50. s. 1(1), Sch. Pt.III