Credit Union Act 1997
Rules.
13.—(1) The rules of a credit union shall be in such form as the F31[Bank] may determine and shall contain—
(a) provisions with respect to the matters in the First Schedule; and
(b) such additional provisions as the F31[Bank] may determine, after consultation with the Advisory Committee and such other bodies as appear to F31[it] to be expert or knowledgeable in matters relating to credit unions.
(2) The rules of a credit union may specify the form of any instrument necessary for carrying the purposes of the credit union into effect.
(3) An acknowledgement of registration issued to a credit union under this Part shall constitute an acknowledgement, and, unless the contrary is proved, be sufficient evidence of the registration of the rules of that credit union in force at the date of the acknowledgement of the registration of the credit union.
Annotations
Amendments:
F31
Substituted (1.05.2003) by Central Bank and Financial Services Authority of Ireland Act 2003 (12/2003), s. 35(1) and sch. 1 pt. 24 item 11, S.I. No. 160 of 2003, subject to transitional provisions in s. 36 and sch. 3 para. 26.
F32
Substituted by Credit Union (Amendment) Act 2023 (34/2023), s. 6(a), not commenced as of date of revision.
F33
Inserted by Credit Union (Amendment) Act 2023 (34/2023), s. 6(b), not commenced as of date of revision.
Modifications (not altering text):
C9
Prospective affecting provision: subs. (1)(a) substituted and (1)(aa) inserted by Credit Union (Amendment) Act 2023 (34/2023), s. 6(a), (b), not commenced as of date of revision.
F32[(a) in the case of a credit union, other than a corporate credit union, provisions with respect to the matters in the First Schedule,]
F33[(aa) in the case of a corporate credit union, provisions with respect to the matters specified in the Sixth Schedule, and]