INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969

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INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 28

Contracts.

28.(1) Contracts may be made, varied or discharged on behalf of a
registered society as follows:

(a)a contract which, if made between individuals, would be by law required to
be in writing under seal may be made, on behalf of the registered society in
writing under the common seal of the society;

(b)a contract which, if made between individuals, would be by law required to
be in writing, signed by the parties to be charged therewith, may be made on
behalf of the society in writing by any person acting under the express or
implied authority of the society;

(c)a contract which, if made between individuals, would by law be valid
although made by parol only, and not reduced into writing, may be made by
parol on behalf of the society by a person acting under the express or implied
authority of the society;

(d)a contract made according to this subsection may be varied or discharged in
the same manner in which it is authorised by this section to be made and a
contract under seal which, if made between individuals, might be varied or
discharged in writing not under seal, signed by any person interested therein,
may be similarly varied or discharged on behalf of the society by a writing
not under seal, signed by any person acting under the express or implied
authority of the society.

(2) A signature purporting to be made by a person holding any office in a
registered society attached to a writing whereby any contract purports to be
made, varied or discharged by or on behalf of the society shall, until the
contrary is proved, be taken to be the signature of a person holding that
office at the time when the signature was made.

(3) A contract which may be or have been made, varied or discharged according
to the provisions contained in this section shall be effectual in law and bind
the society and its successors and all other parties thereto.

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Northern Irish Legislation

INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 28