Commentary

23 Date for alteration to take effect

BUILDING SOCIETIES vol 6(1)
| Commentary

23 Date for alteration to take effect

| Commentary

23 Date for alteration to take effect

On altering its memorandum or rules1, a building society must determine the date on which it intends the alteration to take effect, and the record of the alteration must specify that date (for these purposes called ‘the specified date’)2.

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