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Building Societies Act 1965

Constitution of building societies - Purchase of shares in terminating societies

27F: Schedule 7 may be amended

You could also call this:

"The rule about changing a list of building society rules doesn't exist anymore"

Illustration for Building Societies Act 1965

The law used to say something about changing Schedule 7, which is part of the rules for buying shares in certain types of building societies. However, this part of the law was removed on 1 April 1981. This means that the rule no longer exists and doesn't apply anymore.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM371628.

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Housing and property > Buying and selling homesMoney and consumer rights > Banking and loans
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27E: No contracting out, or

"This rule about agreements for buying shares in certain societies no longer exists"

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28: Business not to be commenced before incorporation, or

"Building societies can't start working until they get a special permission paper"

Part 2Constitution of building societies
Purchase of shares in terminating societies

27FSchedule 7 may be amended (Repealed)

    Notes
    • Section 27F: repealed, on , by section 7(1)(a) of the Building Societies Amendment Act 1980 (1980 No 92).