Article 4 Further alterations of limit

(1)

The registrar may, with the consent of the Department of Commerce, prescribe by regulations made subject to negative resolution in substitution for the sum for the time being specified in section 6(1) of the principal Act as the limit applicable thereunder such other sum, not being less than £5,000, as he may think fit.

(2)

Regulations made under this Article may make any such provision in connection with altering the limit for the time being applicable under the said section 6(1) as is made by Article 3.

Notes on the whole Order

Textual amendments

F1: Order: "The Industrial and Provident Societies (N.I.) Order 1976 may be cited as The Co-operative and Community Benefit Societies (N.I.) Order 1976" (6.4.2018) by virtue of the Credit Unions and Co-operative and Community Benefit Societies Act (N.I.) 2016 c. 16 (N.I.), ss. 8(2), 17(2) (with Sch. 2 paras. 2, 3); 2017 SR217, art. 2(b)