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Building Societies Act 1965

Powers of control of Registrar

70: Special powers of direction in relation to small societies

You could also call this:

"Removed rule for special instructions to small building societies"

This law used to give special instructions to small building societies. However, it was removed on 1 September 1987. The government decided this rule was no longer needed, so they took it out of the Building Societies Act 1965. This means that small building societies are now treated the same as other building societies under the law.

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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=DLM371792.

Topics:
Money and consumer rights > Banking and loansHousing and property > Buying and selling homes
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69: Power to require documents and information, or

"The power to ask for papers and details has been removed"

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71: Supplementary provisions as to small societies, or

"Old rules for small building societies no longer apply"

Part 6Powers of control of Registrar

70Special powers of direction in relation to small societies (Repealed)

    Notes
    • Section 70: repealed, on , by section 13 of the Building Societies Amendment Act 1987 (1987 No 175).