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Building Societies Act 1965

Advances - Supplementary provisions

52: Power of Registrar to require actuary's certificate as to appropriations by ballot

You could also call this:

“Registrar could ask for expert proof about fair money sharing in building groups”

The law used to have a section that gave the Registrar the power to ask for a certificate from an actuary about how money was given out by ballot in building societies. This part of the law no longer exists. It was removed on 1 September 1987.

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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=DLM371702.

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Part 3 Advances
Supplementary provisions

52Power of Registrar to require actuary's certificate as to appropriations by ballot (Repealed)

    Notes
    • Section 52: repealed, on , by section 12 of the Building Societies Amendment Act 1987 (1987 No 175).