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Building Societies Act, 1976 (No. 38)Introductory TextActs Referred toPart I Preliminary and General (ss. 1-7)1. Short title.2. Interpretation.3. Commencement.4. Service of notices.5. Regulations.6. Repeals.7. Expenses.Part II Establishment, Rules, Powers etc. of Societies (ss. 8-28)8. Establishment of a society.9. Use of certain words.10. Rules.11. Registration of rules and incorporation of a society.12. Alteration of rules.13. Change of name.14. Chief office.15. Use of registered name.16. Land and buildings.17. Membership.18. Restrictions on commencement of business.19. Permission to advertise.20. Deposit at Central Bank.21. Provisions supplemental to section 20.22. Power to raise funds and to borrow money.23. Provisions supplemental to section 22.24. Loans by one society to another.25. Union of societies.26. Transfer of and undertaking to fulfil engagements.27. Confirmation and registration of union under section 25 or transfer or undertaking under section 26.28. Statement for members relating to proposal under section 25 or 26.Part III Control of Societies by Registrar (ss. 29-36)29. Power of Registrar to appoint inspector or call special meeting.30. Provisions supplemental to section 29.31. Power of Registrar to suspend raising of funds, etc.32. Power of Registrar to suspend advertising.33. Order by Court regarding direction under section 31 or 32.34. Power to inspect and obtain documents, etc.35. Control of advertising.36. Forms and fees.Part IV Ratios and Investments (ss. 37-38)37. Control of ratios between assets and liabilities.38. Investment of surplus funds.Part V Management and Administration of Societies (ss. 39-76)39. Officer to give security and to account for money.40. Directors.41. Disclosure of interest by director.42. Prohibition on bankrupts and other persons.43. Loans to directors, etc.44. Payments made to director.45. Prohibition of tax-free payment to directors.46. Directors' names on business letters etc.47. General provisions relating to disputes.48. Determination of disputes by arbitration.49. Determination of disputes by Registrar.50. Determination of disputes by Circuit Court.51. Notice of meeting.52. Right to attend meetings.53. Voting at meeting.54. Proxies.55. Right to demand a poll.56. Special resolution.57. Members' special resolution.58. Annual general meeting.59. Keeping of books of account, etc.60. Annual accounts.61. Display of statement.62. Form of accounts.63. Signing of balance sheet.64. Directors' report.65. Provisions relating to certain documents.66. Appointment of auditor.67. Resolutions relating to appointment and removal of auditor.68. Qualifications for appointment as auditor.69. Auditor's report, right of access to books and to attend meetings, etc.70. Submission of returns and information.71. Liability of officer.72. Court's power to grant relief to officer of a society.73. Register of members.74. Register of directors and secretary.75. Commission, insurance, etc.76. Regulations relating to management of society.Part VI Loans (ss. 77-84)77. Amounts and purposes of loans.78. Security for loans.79. Valuation of security for loans.80. Loan on second mortgage.81. Prohibition of balloting for loans.82. Sale of mortgaged property.83. Records of loans.84. Discharge of mortgage.Part VII Miscellaneous (ss. 85-97)85. Registrar of Building Societies.86. Annual report by Registrar.87. Guarantee by Minister for Finance of borrowings by societies.88. Financial year of a society.89. Provisions as to evidence.90. Form of registers, records and books of account.91. Exemption from stamp duty.92. Offences.93. Provisions relating to judgments against a society.94. Suspension and cancellation of registration.95. Winding up.96. Building Societies Advisory Committee.97. Savings, etc.Schedule - Enactments Repealed
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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 September 1989 - onwards
Version 3 of 3

88. Financial year of a society.

Repealed from 1 September 1989

[deleted]

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