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Building Societies Act 1965

Advances - General provisions as to advances on mortgage

39: Meaning of member for the purposes of this Part

You could also call this:

"This part used to explain who counts as a member, but it was removed"

This part of the law used to explain what 'member' meant for some rules about lending money. However, this explanation was removed from the law on 1 September 1987. This means that this specific definition no longer applies to the Building Societies Act 1965.

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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=DLM371670.

Topics:
Money and consumer rights > Banking and loansHousing and property > Buying and selling homes
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38: Permission to make special advance to purchaser of mortgaged property, or

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Part 3Advances
General provisions as to advances on mortgage

39Meaning of member for the purposes of this Part (Repealed)

    Notes
    • Section 39: repealed, on , by section 12 of the Building Societies Amendment Act 1987 (1987 No 175).