Credit Union Act 1997

Restriction on dissolution or cancellation of registration.

136

136. (1) Until a certificate under this section has been lodged with the F294 [ Bank ]

F295 [ ( a ) is signed by the secretary or other officer (other than a person who is an officer solely by virtue of being a voluntary assistant) of the dissolving or transferor credit union approved by the Bank; and ]

( b) the F294 [ Bank ] shall not cancel the registration of a credit union under section 97 (2)(a) .

(2) A certificate under this section is one which—

( a) is signed by the secretary or other officer of the credit union approved by the F294 [ Bank ]; and

( b) certifies that all property vested in the credit union has been duly conveyed or transferred to the persons entitled.

Annotations

Amendments:

F294

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 97, S.I. No. 160 of 2003, subject to transitional provisions in s. 36 and sch. 3 para. 26.

F295

Substituted (11.10.2013) by Credit Union and Co-operation with Overseas Regulators Act 2012 (40/2012), s. 35 and sch. 1 item 116, S.I. No. 393 of 2013.