Document ID: chunk:federal_register_of_legislation:C2019C00064:section:47:p2
Version: federal_register_of_legislation:C2019C00064
Segment Type: section
Provision Reference: s 47 (pt 2/2)
Character Range: 70776–71377

money that has been paid by a person to a building society for the issue of withdrawable shares in the capital of the society, but has not been repaid, is taken to be:
 (a) if the money is payable on demand—money due by the building society to the person; or
 (b) if the money is repayable on demand—money that may become due by the building society to the person.

Definition
 (10) In this section:
building society means a society registered or incorporated as a building society, co‑operative housing society or other similar society under the law in force in a State or Territory.

Part 6—Offences