Source: http://www.legislation.gov.uk/ukpga/2014/14/schedule/4/data.xht?view=snippet&amp;wrap=true
Timestamp: 2019-05-25 20:29:32
Document Index: 293869706

Matched Legal Cases: ['art 1', 'art 4', 'art 7', 'art 2', 'art 7', 'art 2', 'art 24', 'art 3', 'art 4', 'art 2', 'art 2', 'art 4', 'art 7', 'art 4', 'art 3', 'art 8']

SCHEDULE 4E+W+SConsequential amendments
Part 1 E+W+SAmendments of the Credit Unions Act 1979
2(1)Section 1 (registration) is amended as follows.E+W+S
(a)for the words before paragraph (a) substitute “ A society may be registered under the Co-operative and Community Benefit Societies Act 2014 (“the 2014 Act”) as a credit union if— ”;
(c)in paragraph (e) for “the 1965 Act” substitute “ the 2014 Act ”;
(d)in paragraph (f) for “the 1965 Act” substitute “ the 2014 Act ”;
(4)In subsection (1B) for “issue an acknowledgement of registration under section 2(3) of the 1965 Act to a credit union” substitute “ register a society under the 2014 Act as a credit union ”.
(5)In subsection (1D) for “issues an acknowledgement of registration to a credit union under that section” substitute “ registers a society as a credit union ”.
(6)For the heading substitute “ Registration ”.
3(1)Section 2 (supplementary provisions as to registration) is amended as follows.E+W+S
(3)In subsection (3) for “the 1965 Act” substitute “ the 2014 Act ”.
4(1)Section 3 (use of name “credit union” etc) is amended as follows.E+W+S
(2)In subsection (3D)(b)(ii) for “the 1965 Act” substitute “ the 2014 Act ”.
(3)In subsection (4) for “section 5(5) of the 1965 Act” substitute “ section 10(3) and (4) of the 2014 Act ”.
5(1)Section 4 (rules) is amended as follows.E+W+S
6(1)Section 6 (minimum number of members) is amended as follows.E+W+S
7In section 7(3) (shares) for “section 24(1) of the 1965 Act” substitute “ section 39(2) of the 2014 Act ”.
8(1)Section 7A (power to issue interest-bearing shares) is amended as follows.E+W+S
(2)In subsection (1)(c), for “section 9 of the Friendly and Industrial and Provident Societies Act 1968” substitute “ section 87 of the 2014 Act ”.
(3)In subsection (5) for “section 3A of the Friendly and Industrial and Provident Societies Act 1968” substitute “ section 82 of the 2014 Act ”.
9(1)Section 18 (power to appoint inspector and call meeting) is amended as follows.E+W+S
(a)for “section 49 of the 1965 Act” substitute “ section 106 of the 2014 Act ”;
(b)for “the 1965 Act” (in the second place where it occurs) substitute “ the 2014 Act ”.
(3)In subsection (3) for “Subsections (5) and (6) of the said section 49” substitute “ Section 107 of the 2014 Act ”.
10(1)Section 20 (cancellation or suspension of registration etc) is amended as follows.E+W+S
(1ZA)Subsection (1) applies as if for “any of conditions A to E” there were substituted “ any of conditions A to F ”.
(1ZB)Subsection (4)(b) (condition C) applies as if after “this Act” there were inserted “ or the Credit Unions Act 1979 ”.
“(7)Condition F is that the credit union's permission under Part 4A of the Financial Services and Markets Act 2000 has been cancelled or the credit union has received a warning notice under section 55Z of that Act.””
(3)In subsection (1B) for “under section 16 of the 1965 Act by virtue of subsection (1A)” substitute “ by virtue of condition F in section 5 of the 2014 Act ”.
(1D)Section 9 of the 2014 Act (appeals) applies in relation to credit unions as if the reference to condition D included condition F (accordingly, no appeal may be made against a decision to cancel a credit union's registration on the ground that condition F is met).”
(5)In subsection (1E) for “by virtue of subsection (1A)” substitute “ by virtue of condition F in section 5 of the 2014 Act ”.
(6)In subsection (2)(b) for “the Industrial and Provident Societies Acts 1965 to 1978” substitute “ the 2014 Act ”.
11(1)Section 21 (amalgamations and transfers of engagements) is amended as follows.E+W+S
(2)In subsection (1) for “sections 50 and 51 of the 1965 Act” substitute “ sections 109 to 111 of the 2014 Act ”.
(a)for “section 50 or section 51 of the 1965 Act” substitute “ section 109 or 110 of the 2014 Act ”;
(b)in paragraph (a) for “of the Industrial and Provident Societies Acts 1965 to 1978” substitute “ the 2014 Act ”.
(4)In subsection (3A)(a) for “section 50 or section 51 of the 1965 Act” substitute “ section 109 or 110 of the 2014 Act ”.
12In section 22 (no conversion of credit union into company etc) for “Section 52 of the 1965 Act” substitute “ Sections 112 to 114 of the 2014 Act ”.
13(1)Section 23 (conversion of company into credit union) is amended as follows.E+W+S
(3)In subsection (3) for “that section” substitute “ section 115 of the 2014 Act (conversion of company into a registered society) ”.
“(5)Section 116 of the 2014 Act (member's shareholding in company exceeds maximum permitted amount) does not apply in relation to the conversion of a company into a credit union.”
14In section 26 (prohibition on subsidiaries) for the words from “section 15” to the end substitute “ Part 7 of the 2014 Act ”.
15(1)Section 28 (provisions as to offences) is amended as follows.E+W+S
(a)for “the 1965 Act” substitute “ the 2014 Act ”;
(b)for “section 66(2) of that Act” substitute “ section 132(4) of that Act ”.
(4)In subsection (4) for “section 62 of the 1965 Act” substitute “ section 128 of the 2014 Act ”.
16(1)Section 31 (interpretation etc) is amended as follows.E+W+S
(b)in the definition of “credit union” for “the 1965 Act” insert “ the 2014 Act ”.
(3)In subsection (2) for the words from the beginning to “the 1965 Act” substitute “ Sections 141, 143 to 146, 148 and 149 of the 2014 Act ”.
(b)for “sections 6, 12, 19, 21, 30 and 31.” substitute “ sections 22, 24, 26, 27, 32, 33 and 34 and paragraph 6 of Schedule 3. ”
(a)for the words from the beginning to “the 1965 Act” substitute “ The following provisions of the 2014 Act ”;
17(1)Section 32 (Northern Ireland) is amended as follows.E+W+S
(2)In subsection (1) for “section 76 of the 1965 Act” substitute “ section 142 of the 2014 Act ”.
(3)In subsection (2) for “the Industrial and Provident Societies Acts 1965 to 1978” (in both places) substitute “ the 2014 Act ”.
18(1)Schedule 1 (rules) is amended as follows.E+W+S
(2)In paragraph 1 for “subsections (1) and (2) of section 5 of the 1965 Act” substitute “ section 10(1) and (2) of the 2014 Act ”.
Part 2 E+W+SAmendments of other Acts
19(1)Section 3 of the Forged Transfers Act 1891 (application to industrial societies etc) is amended as follows.E+W+S
(b)after “Parliament” insert “ , and to any registered society, ”.
20In section 3 of the Libraries Offences Act 1898 (application of Act) for “registered under the Industrial and Provident Societies Act 1893, or” substitute “ that is a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, or is registered ”.
21In section 1(4) of the Stock Transfer Act 1963 (simplified transfer of securities) for “a society registered under the Industrial and Provident Societies Act 1893” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 ”.
National Savings Bank Act 1971 (c. 29)E+W+S
23In section 16 of the National Savings Bank Act 1971 (deposits by charities etc) for “section 31 of the Industrial and Provident Societies Act 1965” substitute “ section 27 of the Co-operative and Community Benefit Societies Act 2014 ”.
Local Government Act 1972 (c. 7)E+W+S
24(1)Schedule 12A to the Local Government Act 1972 (access to information: exempt information) is amended as follows.E+W+S
Friendly Societies Act 1974 (c. 46)E+W+S
26In section 40 (remuneration of qualified auditors), in subsections (1) and (3), for “section 10 of the Friendly and Industrial and Provident Societies Act 1968” substitute “ section 97 of the Co-operative and Community Benefit Societies Act 2014 ”.
27In section 82(9) (amalgamation and transfer of engagements) for the words from “registered or” to “1965 or” substitute “ that is a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, or is a society registered or deemed to be registered under ”.
28In section 84A (conversion of registered societies into industrial and provident societies) for “Industrial and Provident Societies Act 1965” in each place substitute “ Co-operative and Community Benefit Societies Act 2014 ”.
29In section 109(1) (regulations) for “Industrial and Provident Societies Act 1965” substitute “ Co-operative and Community Benefit Societies Act 2014 ”.
30(1)Schedule 6A (conversion of registered societies into industrial and provident societies: supplementary) is amended as follows.E+W+S
(2)In paragraph 1 for “Industrial and Provident Societies Act 1965” substitute “ Co-operative and Community Benefit Societies Act 2014 ”.
(3)In paragraph 2(2) for “industrial and provident society” substitute “ society registered under the Co-operative and Community Benefit Societies Act 2014 (the “new society”) ”.
(4)In paragraphs 3 and 4, for “industrial and provident” in each place substitute “ new ”.
Industrial Common Ownership Act 1976 (c. 78)E+W+S
Housing Act 1985 (c. 68)E+W+S
33In section 5(2) (housing associations: “fully mutual”) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 ”.
34In section 6A (the Corporation) for “society registered under the Industrial and Provident Societies Act 1965” in each place substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 ”.
35In section 27AB (management agreements with tenant management organisations), in the definition of “registered” in subsection (8), for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
Housing Associations Act 1985 (c. 69)E+W+S
36In section 1(2) of the Housing Association Act 1985 (housing associations: “fully mutual”) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 ”.
Finance Act 1986 (c. 41)E+W+S
Company Directors Disqualification Act 1986 (c. 46)E+W+S
38(1)Section 22E of the Company Directors Disqualification Act 1986 (application of Act to registered societies) is amended as follows.E+W+S
(3)In subsection (3) for “the 1965 Act: see section 74(1) of that Act” substitute “ the 2014 Act: see section 149 of that Act ”.
(a)in paragraph (a) for “the 1965 Act” substitute “ the 2014 Act ”;
(b)in paragraph (c)(i) for “section 47 or 49(1) of the 1965 Act” substitute “ section 105 or 106 of the 2014 Act ”.
(6)For the heading substitute “ Application of Act to registered societies ”.
Housing (Scotland) Act 1987 (c. 26)E+W+S
39In section 300(1)(b) of the Housing (Scotland) Act 1987 (“co-operative housing association”) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 ”.
43In section 69(8) (companies subject to local authority influence) for “an industrial and provident society” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 ”.
Opticians Act 1989 (c. 44)E+W+S
Enterprise and New Towns (Scotland) Act 1990 (c. 35)E+W+S
Taxation of Chargeable Gains Act 1992 (c. 12)E+W+S
47(1)Section 140E (merger leaving assets within UK tax charge) is amended as follows.E+W+S
(2)In subsection (1)(b) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 [F1or a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969] ”.
(3)In subsection (9)(a) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 [F2, a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969] ”.
F1Words in Sch. 4 para. 47(2) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 3(a), 15
F2Words in Sch. 4 para. 47(3) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 3(b), 15
48In section 140F(1)(b) (merger: assets outside UK tax charge) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 [F3or a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969] ”.
F3Words in Sch. 4 para. 48 inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 4, 15
49In section 140G(1)(b) (treatment of securities issued on merger) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 [F4or a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969] ”.
F4Words in Sch. 4 para. 49 inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 5, 15
(2)In subsection (2)(c) for “registered industrial and provident society” substitute “ registered society [F5(see section 1119 of that Act)] ”.
(3)In subsection (9)(c) for “registered industrial and provident society” substitute “ registered society [F6(see section 1119 of CTA 2010)] ”.
F5Words in Sch. 4 para. 50(2) substituted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 6(a),15
F6Words in Sch. 4 para. 50(3) substituted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 6(b),15
51In the heading before section 217D for “Industrial and provident societies” substitute “ Registered societies ”.
53In Schedule 7AC (exemptions for disposals by companies with substantial shareholdings) in paragraph 26(4) for “registered industrial and provident society” substitute “ registered society [F7(see section 1119 of that Act)] ”.
F7Words in Sch. 4 para. 53 substituted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 715
54In section 10(3)(b) of the Trade Union and Labour Relations (Consolidation) Act 1992 (quasi-corporate status of trade unions) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
56For “an industrial and provident society” (in each place except in section 1A) substitute “ a registered society ”.
58In section 2(1)(b) (eligibility for registration) for the words from “a society” to “1965” substitute “ a registered society ”.
59(1)Section 48(2) (powers of the manager: transfer of engagements) is amended as follows.E+W+S
(2)For “section 51 or 52 of the Industrial and Provident Societies Act 1965” substitute “ section 110 or 112 of the Co-operative and Community Benefit Societies Act 2014 ”.
60In section 57 (definitions relating to industrial and provident societies) in the heading for “industrial and provident societies” substitute “ registered societies ”.
61In section 59(1)(b) (meaning of “officer” of registered social landlord) for “section 74 of the Industrial and Provident Societies Act 1965” substitute “ section 149 of the Co-operative and Community Benefit Societies Act 2014 ”.
62In section 60(1)(c) (meaning of “subsidiary”) for “the Friendly and Industrial and Provident Societies Act 1968” substitute “ Part 7 of the Co-operative and Community Benefit Societies Act 2014 ”.
65(1)Schedule 1 (regulation of registered social landlords) is amended as follows.E+W+S
(2)In the heading before paragraph 8 for “Industrial and provident society” substitute “ Registered society ”.
(3)In the heading before paragraph 9 for “industrial and provident society” substitute “ registered society ”.
(a)in sub-paragraph (4) for the words from “section” to “1965” substitute “ section 16 of the Co-operative and Community Benefit Societies Act 2014 (“the 2014 Act”) ”;
(i)for “The Industrial and Provident Societies Act 1965” substitute “ The 2014 Act ”;
(ii)for “section 10” substitute “ section 16 ”.
(5)In the heading before paragraph 12 for “industrial and provident society” substitute “ registered society ”.
(b)in sub-paragraph (4)(b) for the words from “section 55(3)” to the end substitute “ section 123(3)(a) of the 2014 Act. ”;
(i)for the words from “section” to “1965” substitute “ section 121 of the 2014 Act ”;
(ii)for “section 58(6)” substitute “ section 122 ”.
(7)In paragraph 13(4) for the words from “section 53” to “society)” substitute “ section 115 of the Co-operative and Community Benefit Societies Act 2014 (conversion of company into registered society) ”.
(8)In paragraph 14(1)(b) for “section 55(1)(a) of the Industrial and Provident Societies Act 1965” substitute “ section 123 of the Co-operative and Community Benefit Societies Act 2014 ”.
(a)in sub-paragraph (1)(a) for the words from “section 55(1)(a)” to “dissolution)” substitute “ section 119 or 123 of the Co-operative and Community Benefit Societies Act 2014 (dissolution by instrument of dissolution or by winding up) ”;
(b)in sub-paragraph (2) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
(a)in sub-paragraph (1)(b) for “another industrial and provident society” substitute “ another registered society ”;
(b)in sub-paragraph (3) for “another industrial and provident society” substitute “ another registered society ”;
(c)in sub-paragraph (4) for “section 50 of the Industrial and Provident Societies Act 1965” substitute “ section 109 of the Co-operative and Community Benefit Societies Act 2014 ”.
(11)In the heading before paragraph 17 for “Industrial and provident societies” substitute “ Registered societies ”.
(a)in sub-paragraph (1) for “industrial and provident societies” substitute “ registered societies ”;
“(2)Section 85 of the Co-operative and Community Benefit Societies Act 2014 (“the 2014 Act”) (duty to obtain accountant's report) has effect, in its application to such a landlord, with the omission of subsection (1)(b) (accountant's report required only where turnover exceeds a specified sum).”;
Scotland Act 1998 (c. 46)E+W+S
66In Part 2 of Schedule 5 to the Scotland Act 1998, in the definition of “social landlord” in Section C2 (insolvency), for “a society registered under the Industrial and Provident Societies Act 1965” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 ”.
Financial Services and Markets Act 2000 (c. 8)E+W+S
70In section 355(1) (interpretation of Part 24) in the definition of “body” for “an industrial and provident society” substitute “ a registered society ”
(b)a society registered or deemed to be registered under the Industrial and Provident Societies Act (Northern Ireland) 1969;”.
Political Parties, Elections and Referendums Act 2000 (c. 41)E+W+S
75In section 26(8)(b) (financial structure of registered party: adoption of scheme) for the words from “or a society” to “1965 or” substitute “ , a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered (or deemed to be registered) under ”.
76In section 54(2)(g) (permissible donors) for the words from “or a society” to “1965 or” substitute “ , a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered (or deemed to be registered) under ”.
77In Schedule 6 (details to be given in donation reports) in paragraph 2A(11) for “or industrial and provident society” substitute “ , a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered (or deemed to be registered) under the Industrial and Provident Societies Act (Northern Ireland) 1969, ”.
78In Schedule 6A (details to be given in transaction reports) in paragraph 2A(10) for “or industrial and provident society” substitute “ , a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered (or deemed to be registered) under the Industrial and Provident Societies Act (Northern Ireland) 1969, ”.
79(1)Section 83 of the Housing (Scotland) Act 2001 (interpretation of Part 3) is amended as follows.E+W+S
(a)for “an industrial and provident society” substitute “ a co-operative or community benefit society ”;
(b)for “section 74 of the Industrial and Provident Societies Act 1965” substitute “ section 149 of the Co-operative and Community Benefit Societies Act 2014 ”.
(3)In subsection (2), for “an industrial and provident society” substitute “ a co-operative or community benefit society ”.
Land Registration Act 2002 (c. 9)E+W+S
“(9A)If subsection (3) of section 53 of the Co-operative and Community Benefit Societies Act 2014 (execution of documents) applies to a document because of subsection (4) above, subsection (5) of that section (presumption of due execution) shall have effect in relation to the document with the substitution of “ authenticated ” for “signed”.”
81(1)Paragraph 2(1)(a) of Schedule 9 to the Proceeds of Crime Act 2002 (regulated sector and supervisory authorities) is amended as follows.E+W+S
(3)For “section 7(3) of that Act (carrying on of banking by societies)” substitute “ section 67(2) of that Act (registered society with withdrawable share capital not to carry on banking etc) ”.
(4)For “a society registered under that Act” substitute “ a registered society within the meaning of that Act ”.
82(1)In Part 4 of Schedule 2 to the Income Tax (Earnings and Pensions) Act 2003 (approved share incentive plans: types of shares that may be awarded) paragraph 28 is amended as follows.E+W+S
(2)In sub-paragraph (4) for “a registered industrial and provident society which is a co-operative society” substitute “ a registered co-operative society ”.
(b)a pre-commencement society (within the meaning of that Act) that is a co-operative society within the meaning of section 2 of that Act, F8...
(c)a society registered or deemed to be registered under the Industrial and Provident Societies Act (Northern Ireland) 1969 that is a co-operative society within the meaning of section 1 of that Act
[F9, or
(d) an SCE formed in accordance with Council Regulation ( EC ) No 1435/2003 on the Statute for a European Cooperative Society. ”]
F8Word in Sch. 4 para. 82(3) omitted (1.8.2014) by virtue of Finance Act 2014 (c. 26), Sch. 39 paras. 8(a),15
F9Words in Sch. 4 para. 82(3) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 8(b),15
84In section 64(2) (additional conditions for supply of alcohol) for “industrial and provident societies” substitute “ registered societies ”.
85(1)Section 65 (industrial and provident societies, friendly societies etc) is amended as follows.E+W+S
(2)In the heading for “Industrial and provident societies” substitute “ Registered societies ”.
Fire and Rescue Services Act 2004 (c. 21)E+W+S
86In section 5B(3)(b) of the Fire and Rescue Services Act 2004 (boundaries of power under section 5A) for the words from the beginning to “1965 or” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under ”.
Companies (Audit, Investigations and Community Enterprise) Act 2004 (c. 27)E+W+S
88(1)Section 15D(4)(g) (permitted disclosure of information obtained under compulsory powers) is amended as follows.E+W+S
89In section 53(b) (ceasing to be a community interest company) for “an industrial and provident society” substitute “ a registered society ”.
90(1)Section 56 (becoming an industrial and provident society) is amended as follows.E+W+S
(2)In subsection (1) for “section 53 of the Industrial and Provident Societies Act 1965” substitute “ section 115 of the Co-operative and Community Benefit Societies Act 2014 ”.
(3)In the heading for “an industrial and provident society” substitute “ a registered society ”.
Housing Act 2004 (c. 34)E+W+S
91(1)In Schedule 14 to the Housing Act 2004 (buildings that are not HMOs for certain purposes) paragraph 2B is amended as follows.E+W+S
Income Tax (Trading and Other Income) Act 2005 (c. 5)E+W+S
93In sections 367(3) and 369(2) for “industrial and provident society payments” substitute “ payments by registered societies or certain co-operatives ”.
94(1)Section 379 (industrial and provident society payments) is amended as follows.E+W+S
(2)For the heading substitute “ Payments by registered societies or certain co-operatives ”.
(3)In subsection (1)(a) for “registered industrial and provident society” substitute “ registered society ”.
(a)a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, F10...
(b)a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969,
[F11(c) a society registered as a credit union under the Credit Unions (Northern Ireland) Order 1985 ( S.I. 1985/1205 (N.I. 12)), or
(d) an SCE formed in accordance with Council Regulation ( EC ) No 1435/2003 on the Statute for a European Cooperative Society, ”].
F10Word in Sch. 4 para. 94(4) omitted (1.8.2014) by virtue of Finance Act 2014 (c. 26), Sch. 39 paras. 9(a),1515
F11Words in Sch. 4 para. 94(4) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 9(b),15
Charities and Trustee Investment (Scotland) Act 2005 (asp 10)E+W+S
97(1)Section 56 (conversion of charity which is a company or registered friendly society: applications) is amended as follows.E+W+S
(2)In subsection (1)(b) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”
(3)In subsection (7) for “section 52(3) of the Industrial and Provident Societies Act 1965” substitute “ section 113(2) of the Co-operative and Community Benefit Societies Act 2014 ”.
98In section 58(3)(b) (conversion: supplementary) for “Industrial and Provident Societies Act 1965” substitute “ Co-operative and Community Benefit Societies Act 2014 ”.
100(1)Section 461(4)(g) (permitted disclosure of information obtained under compulsory powers) is amended as follows.E+W+S
101In section 1099(3)(e) (registrar's index of company names etc) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
102(1)In Part 2 of Schedule 2 (permitted disclosure for purposes of section 948 of Act) paragraph 37 is amended as follows.E+W+S
103(1)In Part 2 of Schedule 11A (permitted disclosure for purposes of section 1224A of Act) paragraph 52 is amended as follows.E+W+S
105(1)Section 151(1) (interpretation of Chapter 6 of Part 4) is amended as follows.E+W+S
(2)In the definition of “excluded company” in paragraph (d) for “registered industrial and provident society” substitute “ registered society ”.
(a)a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, F12...
(b)a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969, [F13or
(c) an SCE formed in accordance with Council Regulation ( EC ) No 1435/2003 on the Statute for a European Cooperative Society, ”].
F12Word in Sch. 4 para. 105(3) omitted (1.8.2014) by virtue of Finance Act 2014 (c. 26), Sch. 39 paras. 10(a),15
F13Words in Sch. 4 para. 105(3) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 10(b),15
F14106. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F14Sch. 4 paras. 106, 107 omitted (with application in accordance with Sch. 6 para. 14 of the commencing Act) by virtue of Finance Act 2015 (c. 11), Sch. 6 para. 12(b)
F14107. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
108In section 853(2)(b)(iii) (meaning of “deposit-taker”) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
109In section 874(5)(a) (duty to deduct from certain payments of yearly interest) for “registered industrial and provident society” substitute “ registered society ”.
110(1)Section 887 (industrial and provident society payments) is amended as follows.E+W+S
(2)For the heading substitute “ Payments made by registered societies ”.
(4)In subsection (2) for “registered industrial and provident society” substitute “ registered society ”.
(a)a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, F15...
(b)a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969.
[F16(c) a society registered as a credit union under the Credit Unions (Northern Ireland) Order 1985 ( S.I. 1985/1205 (N.I. 12)), or
F15Word in Sch. 4 para. 110(5) omitted (1.8.2014) by virtue of Finance Act 2014 (c. 26), Sch. 39 paras. 11(a),15
F16Words in Sch. 4 para. 110(5) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 11(b),15
111In section 991(3)(c) (meaning of “bank”) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
112(1)Schedule 4 (index of defined expressions) is amended as follows.E+W+S
Building Societies (Funding) and Mutual Societies (Transfers) Act 2007 (c. 26)E+W+S
114(1)Section 3 (transfers to subsidiaries of other mutuals) is amended as follows.E+W+S
Serious Crime Act 2007 (c. 27)E+W+S
116(1)Section 27(12) of the Serious Crime Act 2007 (powers to wind up companies etc: England and Wales and Scotland) is amended as follows.E+W+S
Bankruptcy and Diligence etc. (Scotland) Act 2007 (asp 3)E+W+S
118(1)Subsection (1) is amended as follows.E+W+S
(2)For the words from “section 3” to “1967” substitute “ section 62 (floating charges created by Scottish societies) of the Co-operative and Community Benefit Societies Act 2014 ”.
119In subsection (2), for “4” substitute “ 63 ”.
120(1)Subsection (3) is amended as follows.E+W+S
(2)For “5 (supplemental provisions)” substitute “ 64 (notification of charges etc: Scotland) ”.
(4)In paragraph (b) for “4” substitute “ 63 ”.
Housing and Regeneration Act 2008 (c. 17)E+W+S
122For “an industrial and provident society” (in each place) substitute “ a registered society ”.
124In section 79(1)(b) (English bodies) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
125(1)Section 134 (non-audited industrial and provident society) is amended as follows.E+W+S
“(2)Section 85 of the Co-operative and Community Benefit Societies Act 2014 (“the 2014 Act”) (duty to obtain accountant's report) applies to the society as if subsection (1)(b) were omitted (accountant's report required only where turnover exceeds specified sum).”
(3)In subsection (3)(a) for the words from “section 4” to the end substitute “ section 83 of the 2014 Act (duty to appoint auditors) did not apply because of a resolution under section 84 of that Act (power to disapply auditing requirements), ”.
126(1)Section 157 (extra powers of manager of industrial and provident society) is amended as follows.E+W+S
(2)In subsection (3) for “section 50 of the Industrial and Provident Societies Act 1965” substitute “ section 109 of the Co-operative and Community Benefit Societies Act 2014 ”.
(3)In subsection (4) for “sections 51 and 52 of the Industrial and Provident Societies Act 1965” substitute “ section 110 or 112 of the Co-operative and Community Benefit Societies Act 2014 ”.
127In section 161(2) (company: conversion into industrial and provident society) for “section 53 of the Industrial and Provident Societies Act 1965” substitute “ section 115 of the Co-operative and Community Benefit Societies Act 2014 ”.
129In section 164(3) (industrial and provident society: winding up) for “section 55 of the Industrial and Provident Societies Act 1965” substitute “ section 123 of the Co-operative and Community Benefit Societies Act 2014 ”.
130(1)Section 165 (industrial and provident society: dissolution) is amended as follows.E+W+S
(2)In subsection (1)(b) for “section 58 of the Industrial and Provident Societies Act 1965.” substitute “ section 119 of the Co-operative and Community Benefit Societies Act 2014. ”
(a)for “section 58(5)” substitute “ section 121 ”;
(b)for “section 58(6)” substitute “ section 122 ”.
131(1)Section 167 (transfer of property) is amended as follows.E+W+S
(2)In subsection (1)(a) for “section 55(a) or (b) of the Industrial and Provident Societies Act 1965” substitute “ section 119 or 123 of the Co-operative and Community Benefit Societies Act 2014 ”.
132In section 212(6) (industrial and provident societies: change of rules) for “section 10(1) of the Industrial and Provident Societies Act 1965” substitute “ section 16(2) of the Co-operative and Community Benefit Societies Act 2014 ”.
133In section 255(4) (amalgamation) for “section 50 of the Industrial and Provident Societies Act 1965” substitute “ section 109 of the Co-operative and Community Benefit Societies Act 2014 ”.
134In section 270 (meaning of “officer”) for “section 74 of the Industrial and Provident Societies Act 1965” substitute “ section 149 of the Co-operative and Community Benefit Societies Act 2014 ”.
135In section 271(4) (meaning of “subsidiary” and “associate”) for “the Friendly and Industrial and Provident Societies Act 1968” substitute “ Part 7 of the Co-operative and Community Benefit Societies Act 2014 ”.
“ “registered society” has the same meaning as in the Co-operative and Community Benefit Societies Act 2014,”.
Local Transport Act 2008 (c. 26)E+W+S
138In section 102C(6)(b) of the Local Transport Act 2008 (boundaries of power under section 102B) for the words from the beginning to “1965 or” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under ”.
Counter Terrorism Act 2008 (c. 28)E+W+S
139(1)In Schedule 7 to the Counter Terrorism Act 2008 (terrorist financing and money laundering) paragraph 6(1)(a) is amended as follows.E+W+S
(2)For “a society registered under the Industrial and Provident Societies Act 1965” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 ”.
(3)In sub-paragraph (i) for “section 6” substitute “ section 24 ”.
(4)In sub-paragraph (ii) for “section 7(3)” substitute “ section 67(2) ”.
Corporation Tax Act 2009 (c. 4)E+W+S
141For “registered industrial and provident society” (in each place where those words occur except in Schedule 4) substitute “ registered society ”.
142For “the Industrial and Provident Societies Act 1965” (in each place) substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
144In section 465(3)(d) (exclusion of distributions except in tax avoidance cases) for “registered industrial and provident societies” substitute “ registered societies ”.
145In section 499 (industrial and provident society payments treated as interest under loan relationship) in the heading for “Industrial and provident society” substitute “ Registered society ”.
Finance Act 2009 (c. 10)E+W+S
Local Democracy, Economic Development and Construction Act 2009 (c. 20)E+W+S
149For “an industrial and provident society” (in each place) substitute “ a registered society ”.
152(1)Section 44(4) (functions of auditor not appointed to conduct statutory audit) is amended as follows.E+W+S
(a)for “section 13” substitute “ section 98 ”;
(b)for “subsection (5)” substitute “ subsection (7) ”.
153(1)Section 54(1) (interpretation) is amended as follows.E+W+S
(2)In paragraph (c) of the definition of “financial year” for the words from “the Friendly” to the end substitute “ the Co-operative and Community Benefit Societies Act 2014 (see sections 77 and 78 of that Act); ”.
Corporation Tax Act 2010 (c. 4)E+W+S
156For “registered industrial and provident society” (in each place where those words occur except in sections 90 and 1119 and Schedule 4) substitute “ registered society ”.
157In section 47 (registered industrial and provident societies) for the heading substitute “ Registered societies ”.
158(1)Section 90(1) (interpretation of Chapter 5 of Part 4) is amended as follows.E+W+S
(2)In the definition of “excluded company” for “registered industrial and provident society” substitute “ registered society ”.
(a)a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, F17...
(b)a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969, [F18or
F17Word in Sch. 4 para. 158(3) omitted (1.8.2014) by virtue of Finance Act 2014 (c. 26), Sch. 39 paras. 12(a),15
F18Words in Sch. 4 para. 158(3) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 12(b),15
159In section 151(2) (meaning of 75% subsidiary) for “registered industrial or provident society” substitute “ registered society ”.
161In section 653(3)(a) (approval of self-build societies) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
162In section 654(1) (delegation of powers to Regulator of Social Housing) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
163In the table in section 1001 (provisions related to paragraphs A to H in section 1000(1)) for “industrial and provident society” substitute “ registered society ”.
(a)in paragraph (g) for “industrial and provident societies” substitute “ registered societies ”;
(b)in paragraph (h) for “industrial and provident society” substitute “ registered society ”.
165In the heading before section 1055 for “Industrial and provident society” substitute “ Registered society ”.
166In section 1055 (industrial and provident societies: interest and share dividends) in the heading for “Industrial and provident societies” substitute “ Registered societies ”.
167In section 1056(1)(b) (dividend or bonus relating to transactions) for “an industrial and provident society” substitute “ a registered society ”.
168(1)Section 1119 (definitions) is amended as follows.E+W+S
(a)a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014,
[F19(c) a society registered as a credit union under the Credit Unions (Northern Ireland) Order 1985 ( S.I. 1985/1205 (N.I. 12)), or
F19Words in Sch. 4 para. 168(3) substituted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 13,15
169In section 1120(3)(c) (meaning of “bank”) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
Taxation (International and Other Provisions) Act 2010 (c. 8)E+W+S
171(1)Section 118 of the Taxation (International and Other Provisions) Act 2010 (introduction to section 119) is amended as follows.E+W+S
(2)In subsection (2)(b) for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 [F20or a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969] ”.
(3)In subsection (11) in the definition of “co-operative society” for “society registered under the Industrial and Provident Societies Act 1965” substitute “ registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 [F21, a society registered or treated as registered under the Industrial and Provident Societies Act (Northern Ireland) 1969] ”.
F20Words in Sch. 4 para. 171(2) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 14(a),15
F21Words in Sch. 4 para. 171(3) inserted (1.8.2014) by Finance Act 2014 (c. 26), Sch. 39 paras. 14(b),15
Finance Act 2010 (c. 13)E+W+S
172In Part 3 of Schedule 1 to the Finance Act 2010 (bank payroll tax) in paragraph 44(9)(j) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
Finance Act 2011 (c. 11)E+W+S
173In Part 8 of Schedule 19 to the Finance Act 2011 (bank levy) in paragraph 73(1)(j) for “the Industrial and Provident Societies Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
Localism Act 2011 (c. 20)E+W+S
175In section 4(4)(b) (limits on doing things for commercial purpose in exercise of general power) for the words from the beginning to “1965 or” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under ”.
177In section 191(5) (abolition of London Development Agency and transfer of its property etc) in paragraph (b) of the definition of “company” for the words from the beginning to “1965 or” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under ”.
178In section 200(9) (transfers of property etc to a Mayoral development corporation) in paragraph (b) of the definition of “company” for the words from the beginning to “1965 or” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under ”.
179In section 216(4) (transfers of property, rights and liabilities) in paragraph (b) of the definition of “company” for the words from the beginning to “1965 or” substitute “ a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014 or a society registered or deemed to be registered under ”.
Public Bodies Act 2011 (c. 24)E+W+S
180(1)Section 36(1) of the Public Bodies Act 2011 (interpretation) is amended as follows.E+W+S
(a)in paragraph (a) for “the Co-operative and Community Benefit Societies and Credit Unions Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”;
Charities Act 2011 (c. 25)E+W+S
182(1)Section 229 (application for conversion by registered society) is amended as follows.E+W+S
(2)In subsection (1) for “the Co-operative and Community Benefit Societies and Credit Unions Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
(3)In subsection (5) for the words from “section” to the end substitute “ section 113 of the Co-operative and Community Benefit Societies Act 2014. ”
183(1)Schedule 3 (exempt charities) is amended as follows.E+W+S
(2)In paragraph 26 for “the Co-operative and Community Benefit Societies and Credit Unions Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.
(3)In paragraph 27 for “the Co-operative and Community Benefit Societies and Credit Unions Act 1965” substitute “ the Co-operative and Community Benefit Societies Act 2014 ”.