{
  "url": "https://openlegislation.uk/draft-legislative-reform-industrial-and-provident-societies-and-credit-unions-order-2010/article-3",
  "json_url": "https://openlegislation.uk/draft-legislative-reform-industrial-and-provident-societies-and-credit-unions-order-2010/article-3.json",
  "legislation": "ukdsi/2010/9780111488829",
  "legislation_title": "The Legislative Reform (Industrial and Provident Societies and Credit Unions) Order 2010",
  "legislation_url": "https://openlegislation.uk/draft-legislative-reform-industrial-and-provident-societies-and-credit-unions-order-2010",
  "path": "article/3",
  "kind": "article",
  "number": "3",
  "heading": "Maximum shareholding in society",
  "text": "In section 6 of the 1965 Act (maximum shareholding in society), after subsection (1) insert—\n“(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.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "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."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2010/9780111488829/article/3",
    "retrieved_at": "2026-10-30T14:56:22.464591+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."
}