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INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 13

Rules to bind members.

13.(1) Subject to subsections (2) and (3), the registered rules of a
registered society shall bind the society and all members thereof and all
persons claiming through them respectively to the same extent as if each
member had subscribed his name and affixed his seal thereto and there were
contained in those rules a covenant on the part of each member and any person
claiming through him to conform thereto subject to the provisions of this Act.

(2) A member of a registered society shall not, without his consent in writing
having been first obtained, be bound by any amendment of the society's rules
registered after he became a member, being an amendment registered after 16th
April 1929, if and so far as that amendment requires him to take or subscribe
for more shares than the number held by him at the date of registration of the
amendment, or to pay upon the shares so held any sum exceeding the amount
unpaid upon them at that date, or in any other way increases the liability of
that member to contribute to the share or loan capital of the society.

(3) In the case of a society to which section 4 applies which was a
registered society under the Act of 1893 on 1st January 1894, the society or
the members thereof may respectively exercise any power given by this Act and
not made to depend on the provisions of the society's rules notwithstanding
anything in any of those rules registered before 12th September 1893.


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© 1969 Crown Copyright

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