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        Credit Unions Act 1979 (c. 34)
        Introductory Text
        Main body
        Registration as a credit union
        1. Registration under the Industrial and Provident Societies Act 1965.
        2. Supplementary and transitional provisions as to registration.
        3. Use of name"credit union", etc.
        Rules and membership
        4. Rules.
        5. Membership and voting rights.
        6. Minimum and maximum number of members.
        Operation of credit union
        7. Shares.
        8. General prohibition on deposit-taking.
        9. Deposits by persons too young to be members.
        10. Power to borrow money.
        11. Loans.
        11A. Loans to be treated as secured
        11B. Loans by approved credit unions
        11C. Grant of certificates of approval
        11D. Withdrawal of certificates of approval
        12. Power to hold land for limited purposes.
        13. Investments.
        14. Computation and application of profits.
        Insurance and other arrangements
        15. Insurance against fraud or other dishonesty.
        16. Guarantee funds.
        Powers of registrar
        17. Power to require information.
        18. Power to appoint inspector and call meeting.
        19. Power to suspend operations of credit union.
        20. Cancellation or suspension of registration and petition for winding up.
        Amalgamations, transfers of engagements and conversions
        21. Amalgamations and transfers of engagements.
        22. No conversion of credit union into company, etc.
        23. Conversion of company into credit union.
        General and miscellaneous
        24. Modifications of requirements as to audit of accounts.
        25. . . .
        26. Prohibition on subsidiaries.
        27. Prohibition on undischarged bankrupts and other persons.
        28. Provisions as to offences.
        29. Orders and regulations.
        30. Expenses and fees.
        31. Interpretation, etc.
        32. Northern Ireland.
        33. Short title, commencement and extent.
        Schedules
        SCHEDULE 1 Matters to be Provided For in Rules of Credit Union
        SCHEDULE 2 Procedure in Relation to Directions Under Section 19
        SCHEDULE 3. . . .

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