Credit Union (Amendment) Act 2023

Amendment of section 82 of Principal Act (supplementing provisions as to general meetings)

52. Section 82 of the Principal Act is amended—

(a) in subsection (2), by the substitution of “irrespective of the member’s shareholding” for “irrespective of his shareholding”, and

(b) in subsection (5), by the substitution of the following paragraph for paragraph (b):

“(b) of making ineffective a demand for a poll on any such question which is made by—

(i) in the case of a credit union other than a corporate credit union, not less than ten members, and

(ii) in the case of a corporate credit union, at least one member,

having the right to vote at the meeting (or, as the case may be, the adjourned meeting).”.