|
Item |
Provision inserted |
Amendment |
|
|---|---|---|---|
|
1. |
Substitute the following subsections for subsections (3) and (4): |
||
|
|
|
"(3) If the Bank refuses to register as a credit union a society that has made an application for registration, it shall, by notice in writing, inform the society of the refusal. The notice must include a statement setting out the grounds for the refusal. |
|
|
|
|
(4) A decision of the Bank refusing to register a society as a credit union is an appealable decision for the purposes of Part VIIA of the Central Bank Act 1942.". |
|
|
2. |
Substitute the following subsection for subsection (3): |
||
|
|
|
"(3) A decision of the Bank declining to give its approval under subsection (2)(b) is an appealable decision for the purposes of Part VIIA of the Central Bank Act 1942.". |
|
|
3. |
Substitute the following subsections for subsection (5): |
||
|
|
|
"(5) If the Bank is not satisfied that an amendme | |
Version status: Partly in force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2004 - onwards