The Industrial and Provident Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014

Meetings and reports

This section has no associated Explanatory Memorandum

13.  Rule 2.35 has effect as if—

(a)paragraph (3) required the administrator, in fixing the venue for the meeting, to have regard to the convenience—

(i)in the case of a members’ meeting, of the members; and

(ii)of any person appointed for the purpose of attending the meeting by the FCA, by the society’s regulator or, in the case of a relevant society which is a relevant person, by the scheme manager; and

(b)paragraph (4) required 14 days’ notice of a members’ meeting to be given to all the members.