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Building Societies Act 1965

Introduction

You could also call this:

"Updating rules for groups that help people save and buy homes"

This act brings together and updates some existing laws about building societies in New Zealand. It combines different rules that were already in place and makes some changes to them. The act is specifically about building societies, which are a type of financial organisation.

You might be wondering what a building society is. It's a group that helps people save money and buy homes. This act sets out the rules for how these societies should work in New Zealand. By putting all the rules in one place and making some updates, it aims to make things clearer and more up-to-date for everyone involved with building societies.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM367767.

Highlights from this law

Topics:
Money and consumer rights > Banking and loansHousing and property > Buying and selling homes
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1: Short Title and commencement, or

"This law's name and when it started"

Building Societies Act 1965

Reprint as at:
2025-03-30
Assent:
1965-09-17
Commencement:
see section 1(2)

The Parliamentary Counsel Office has made editorial and format changes to this version using the powers under subpart 2 of Part 3 of the Legislation Act 2019.

Note 4 at the end of this version provides a list of the amendments included in it.

This Act is administered by the Ministry of Business, Innovation, and Employment.

An Act to consolidate and amend certain enactments of the Parliament of New Zealand relating to building societies

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