http://www.legislation.gov.uk/ukpga/2014/14/section/25
Co-operative and Community Benefit Societies Act 2014
An Act to consolidate certain enactments relating to co-operative societies, community benefit societies and other societies registered or treated as registered under the Industrial and Provident Societies Act 1965, with amendments to give effect to recommendations of the Law Commission and the Scottish Law Commission.
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Statute Law Database
2024-05-18
Expert Participation
2023-08-29
Part 2Name, rules, powers etc
Maximum shareholding
25Power to amend limit in section 24
1
The Treasury may by order substitute for the sum for the time being specified in section 24(1) (maximum interest in withdrawable shares) such other sum (not less than £5,000) as may be specified in the order.
2
The order may—
a
make any such provision in connection with the alteration of the limit for the time being applicable under section 24(1) as was made by section 1 of the Industrial and Provident Societies Act 1975 in connection with the alteration made by section 1(1) of that Act (power of committees to amend rules etc), and
b
contain such other transitional, consequential, incidental or supplementary provisions as appear to the Treasury to be necessary or appropriate in that connection.