Article 3 Maximum shareholding in society
In section 6f1 of the 1965 Act (maximum shareholding in society), after subsection (1) insert—
“(1A)Any interest in the shares of the society which are not withdrawable shall be disregarded for the purposes of subsection (1) of this section.”
Annotations
Footnotes
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Section 6 was amended by the Housing (Consequential Provisions) Act 1985 (c.71), Schedule 2, paragraph 8, and by S.I. 1994/341 and S.I. 1997/627.