PART 3Industrial and Provident Societies and Credit Unions

Provision of copies of rules7

In section 159 of the 1965 Act (provision of copies of rules)—

a

for subsection (1) substitute—

1

A registered society shall, on demand, give a copy of its registered rules—

a

free of charge, to any member of the society to whom a copy of those rules has not previously been given; and

b

to any other person, upon payment of such fee as the society may require, not exceeding the specified amount.

b

after subsection (1) insert—

1A

In subsection (1) of this section “specified amount” means £5 or such other amount as the Treasury may specify by order.

1B

The power to make an order under this section shall be exercisable by statutory instrument, which shall be subject to annulment in pursuance of a resolution of either House of Parliament.