Section 35 Books of account, etc.
Every registered society shall—
cause to be kept proper books of account with respect to its transactions and its assets and liabilities, and
establish and maintain a satisfactory system of control of its books of account, its cash holdings and all its receipts and remittances.
For the purposes of paragraph (a) of subsection (1), proper books of account shall not be taken to be kept with respect to the matters mentioned in that paragraph if there are not kept such books as are necessary to give a true and fair view of the state of the affairs of the society and to explain its transactions.
Notes on the whole Act
Textual amendments
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Act: "The Industrial and Provident Societies (N.I.) Act 1969 may be cited as The Co-operative and Community Benefit Societies Act (N.I.) 1969" (6.4.2018) by virtue of Credit Unions and Co-operative and Community Benefit Societies Act (NorthernIreland) 2016 (c. 16), ss. 8(2), 17(2) (with Sch. 2 paras. 2, 3); S.R. 2017/217, art. 2(b)
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