Paragraph 158

Section 90(1) (interpretation of Chapter 5 of Part 4) is amended as follows.

In the definition of “excluded company” for “registered industrial and provident society” substitute “ registered society ”.

For the definition of “registered industrial and provident society” substitute—

““registered society” means—

(a)

a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, F1...

(b)

a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969, F2or

(c)

an SCE formed in accordance with Council Regulation ( EC ) No 1435/2003 on the Statute for a European Cooperative Society, ”.