# Co-operative and Community Benefit Societies Act (Northern Ireland) 1969, Section 20: Advances to members.


Without prejudice to any provision included by virtue of section 11, the rules of a registered society may provide for advances of money to members—
(a) on the security of real or personal property; or
(b) if the society is registered to carry on banking business, in any manner customary in the conduct of such business.

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Source: https://www.legislation.gov.uk/apni/1969/24/section/20 (the official version)
Page: https://openlegislation.uk/co-operative-and-community-benefit-societies-act-northern-ireland-1969/section-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.