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Statutory Instruments

2017 No. 1144

Credit Unions

The Credit Unions Act 1979 (Locality Common Bond Conditions) Order 2017

Made

23rd November 2017

Laid before Parliament

27th November 2017

Coming into force

6th April 2018

The Treasury in exercise of the powers conferred by section 1B(3)(a) and (5) of the Credit Unions Act 1979( 1 ) make the following Order.

Citation and commencement

1. This Order may be cited as the Credit Unions Act 1979 (Locality Common Bond Conditions) Order 2017 and comes into force on 6th April 2018.

Amendment to the Credit Unions Act 1979

2. For the purpose of section 1B(3)(a) (further requirements where common bond relates to locality) the specified figure for the maximum number of potential members of the society is three million.

Heather Wheeler

Mark Spencer

Two of the Lords Commissioners of Her Majesty’s Treasury

23rd November 2017

( 1 )

1979 c. 34 ; section 1B was inserted by S.I. 2011/2687 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Credit Unions Act 1979 (Locality Common Bond Conditions) Order 2017 (2017/1144)

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