[Home] [Databases] [World Law] [Search] [Feedback]
	Northern Irish Legislation
You are here:  BAILII >> Databases >> Northern Irish Legislation >> INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 60

Transfer of engagements between societies.

60.(1) Any registered society may by special resolution transfer its
engagements to any other registered society which may undertake to fulfil
those engagements; and if that resolution approves the transfer of the whole
or any part of the society's property to that other society, the whole or, as
the case may be, that part of the society's property shall vest in that other
society without any conveyance or assignment.

(2) Subsections (2) to (5) of section 59 shall have effect for the purposes of
this section as they have effect for the purposes of that section.

(3) If a registered society transfers all its engagements under subsection
(1), the registration of that society shall thereupon become void and, subject
to section 68(2), be cancelled by the registrar.

© 1969 Crown Copyright

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/iapsai1969523/s60.html