Section 18 Registration of amendments of rules of society or branch.
England, Wales and Scotland
Subject to subsection (2) below, any amendment of the rules of a society or branch as for the time being registered under this Act shall not be valid until the amendment has been so registered, and for this purpose copies of the amendment, signed by three members and the secretary of the society or of the branch, as the case may be, shall be sent to the F1FCA.
Subsection (1) above shall not apply to a change in the situation of the registered office of a society or branch, but—
notice of any change in the situation of the registered office of a society or branch shall be sent to the FCA and, in the case of a change in the situation of the registered office of a branch, shall be sent to the FCA through an officer appointed in that behalf by the society of which the branch forms part; and
where notice of such a change is sent to the FCA under paragraph (a) above, F2the FCA shall register it as an amendment of the rules of the society or branch concerned.
Annotations
Textual amendments
- F1
Words in s. 18 substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 5 para. 2(1)(a)(2)(d) (with Sch. 12)
- F2
Words in s. 18(2)(b) substituted (17.8.2001 for certain purposes and otherwise 1.12.2001) by S.I. 2001/2617, arts. 2, 13(1), Sch. 3 Pt. I para. 6(b) (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)