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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
Version 16 of 16

31 Interpretation, etc.

(1) In this Act -

"the 2014 Act" means the Co-operative and Community Benefit Societies Act 2014;

"body corporate" includes a partnership regarded as a legal person under the law of the country or territory in which it was established;

"charitable", in the application of this Act to Scotland, shall be construed in the same way as in the Income Tax Acts;

"civil partner" includes former civil partner and reputed civil partner;

"conditional sale agreement", means an agreement for the sale of goods under which - (a) the purchase price or part of it is payable by instalments, and (b) the property in the goods is to remain with the seller (notwithstanding that the buyer is to be in possession of the goods) until such conditions as to the payment of instalments or otherwise as may be specified in the agreement are fulfilled;

"corporate member", in relation to a credit union, has the meaning assigned to it by section 5A above;