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S.I. No. 124/1978 - Industrial and Provident Societies (Financial Limits) Regulations, 1978.

S.I. No. 124/1978 - Industrial and Provident Societies (Financial Limits) Regulations, 1978. Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.

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  3. s)or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile Statutory InstrumentsIonstraimí Reachtúla 1978 S.I. No. 124/1978 - Industrial and Provident Societies (Financial Limits) Regulations, 1978. S.I. No. 124/1978 - Industrial and Provident Societies (Financial Limits) Regulations, 1978. AmendmentsLeasuithe S.I. No. 124 of 1978. INDUSTRIAL AND PROVIDENT SOCIETIES (FINANCIAL LIMITS) REGULATIONS, 1978. I, DESMOND O'MALLEY, Minister for Industry, Commerce and Energy, in exercise of the power conferred on me by section 35

(1)(i) of the Credit Union Act, 1966 (No. 19 of 1966), and the Industry and Commerce (Alteration of Name of Department and Title of Minister) Order, 1977 ( S.I. No. 306 of 1977 ), and after consultation with the Credit Union Advisory Committee, hereby make the following Regulations:
  1. These Regulations may be cited as the Industrial and Provident Societies (Financial Limits) Regulations, 1978, and shall come into operation on the 28th day of April,
  3. Each section of the Industrial and Provident Societies Act, 1893, mentioned at a reference number in column
(1)of the Schedule to these Regulations is hereby amended in the manner specified in column
(2)of that Schedule opposite the mention of that section in column
(1). SCHEDULE. Alteration of financial limits prescribed by Industrial and Provident Societies Act, 1893.
(1)
(2)Section of Industrial and Provident Societies Act, 1893. Amendment Section 4 The substitution in paragraph (a) of "£3,000" for "one thousand pounds" (inserted by the Credit Union Act, 1966 ). Section 25 (inserted by the Industrial and Provident Societies (Amendment) Act, 1913) The substitution in subsections
(1)and
(3)of "£3,000" for "one thousand pounds" (inserted by the Credit Union Act, 1966 ) in each place where it occurs. Section 26 (inserted by the Industrial and Provident Societies (Amendment) Act, 1913) The substitution in subsection
(1)of "£3,000" for "one thousand pounds" (inserted by the Credit Union Act, 1966 ). Section 27 The substitution in subsection
(1)of "£1,500" for "five hundred pounds" (inserted by the Credit Union Act, 1966 ). GIVEN under my Official Seal, this 26th day of April, 1978. DESMOND O'MALLEY. Minister for Industry, Commerce and Energy. EXPLANATORY NOTE. These Regulations increase certain financial limits which apply to Industrial and Provident Societies. The limits concerned control (
  1. a)the amount a person (other than another Society) may invest in shares in a society (
  2. b)the amount of property in a Society which a member may nominate and the sum distributable to any nominee, and (
  3. c)the amount a Society's Committee may distribute (without letters of administration) when a member dies intestate. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

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