Paragraph 2

Section 16^f1 (cancellation of registration of society) shall apply to a prescribed community benefit society that has a restriction on use as if—

(a)

at the end of subsection (1)(c), there were inserted—

“; or

(iv)
on proof to the Authority’s satisfaction that the society has contravened regulation 3 of the Community Benefit Societies (Restriction on Use of Assets) Regulations 2006”; and

(b)

in subsection (4), after “subsection (1)(c)(ii)” there were inserted “or (iv)”.

Annotations

Footnotes

f1: Section 16 was amended by S.I.2001/2617; there is another amending instrument which is not relevant.