{
  "url": "https://openlegislation.uk/credit-unions-act-1979/section-1ZA",
  "json_url": "https://openlegislation.uk/credit-unions-act-1979/section-1ZA.json",
  "legislation": "ukpga/1979/34",
  "legislation_title": "Credit Unions Act 1979",
  "legislation_url": "https://openlegislation.uk/credit-unions-act-1979",
  "path": "section/1ZA",
  "kind": "section",
  "number": "1ZA",
  "heading": "Specified financial activities",
  "text": "(1) The financial activities specified for the purposes of the optional object of a credit union (see section 1(3ZZA)) are—\n(a) entering into conditional sale agreements, as the seller;\n(b) entering into hire purchase agreements, as the person from whom goods are bailed or (in Scotland) hired;\n(c) insurance distribution activities.\n(2) The Treasury may by regulations specify requirements or restrictions in relation to the carrying on by a credit union of a financial activity specified in subsection (1).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 1ZA, 1ZB inserted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 14 para. 3; S.I. 2023/779, reg. 4(eee)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1979/34/section/1ZA",
    "retrieved_at": "2026-10-29T10:17:17.735910+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}