# Credit Unions Act 1979, Section 1ZA: Specified financial activities


(1) The financial activities specified for the purposes of the optional object of a credit union (see section 1(3ZZA)) are—
(a) entering into conditional sale agreements, as the seller;
(b) entering into hire purchase agreements, as the person from whom goods are bailed or (in Scotland) hired;
(c) insurance distribution activities.
(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).

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Source: https://www.legislation.gov.uk/ukpga/1979/34/section/1ZA (the official version)
Page: https://openlegislation.uk/credit-unions-act-1979/section-1ZA
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.