Commentary

69.1 Special resolutions

BUILDING SOCIETIES vol 6(1)
| Commentary

69.1 Special resolutions

| Commentary

69.1 Special resolutions

A special resolution is required by the Building Societies Act 1986 for certain purposes such as changing the name, memorandum or rules of a building society1. No resolution of a building society may be passed as a special resolution unless it is required to be so passed by or under any provision of the Building Societies Act 1986 or by the rules of the society2. A resolution is a special resolution when it has been passed by not less than three-quarters of the number of members of the society qualified to vote on

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