1. UK Company Law
  2. Legislation (UK)
  3. Acts
  4. 2014
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  1. Co-operative and Community Benefit Societies Act 2014 (c. 14)
  2. Part 4 A Society's capacity and related matters (ss. 43-58)
  3. Capacity of society and power of committee to bind it (ss. 43-49)
  4. 46. No duty to enquire as to capacity of society or authority of committee
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2014 - onwards
  Version 2 of 2    

46. No duty to enquire as to capacity of society or authority of committee

A party to a transaction with a registered society is not bound to enquire as to -

(a) whether the transaction is permitted by the society's registered rules, or

(b) any limitation on the powers of the committee to bind the society or authorise others to do so.

Comparing proposed amendment...
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