Plain language law

New Zealand law explained for everyone

Building Societies Act 1965

Constitution of building societies - Commencement of business

30: Commencement of advertising

You could also call this:

"When building societies could start advertising (old rule)"

This law is about when a building society can start advertising. However, it's important to know that this part of the law is no longer active. It was removed from the Building Societies Act 1965 on 1 September 1987. This means that the rules about when building societies can begin advertising have changed since then, and you would need to look at newer laws to find out what the current rules are.

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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=DLM371634.

Topics:
Money and consumer rights > Banking and loansHousing and property > Buying and selling homes
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29: Minimum subscription by founding members, or

"Founding members must buy shares before the society can start"

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31: Commencement of balloting for appropriations, or

"This rule about starting the process of drawing lots for building society money no longer exists"

Part 2Constitution of building societies
Commencement of business

30Commencement of advertising (Repealed)

    Notes
    • Section 30: repealed, on , by section 10 of the Building Societies Amendment Act 1987 (1987 No 175).