(1) Subject to section 16 and this section, the persons entitled to vote on a resolution of a building society are -
(a) on a resolution other than a conversion resolution-
(i) all the members who at the end of the last financial year of the society before the date of the meeting or the postal ballot, as the case may be, had held continuously shares to the value of not less than €125 for the preceding period of 6 months and continue to hold such shares on the voting date, and
(ii) any member holding special investment shares; and
(b) on a conversion resolution, all members within the meaning of paragraph (a) and all other persons who were borrowing members within the meaning of section 71(2) at the end of the last financial year and continue to be so on the voting date.
(2) Subject to subsection (3), any provision in the rules of a society is void to the extent that it would have the effect of restricting the rights conferred by subsection (1), but nothing in this section implies tha
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