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Control of advertising.
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35.—(1) (a) The Registrar may give directions relating to the matter and form of any advertisement or other means of soliciting deposits or subscriptions for shares in a society, and may direct a society to take all practical steps to withdraw an advertisement.
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(b) A direction under this section shall specify the considerations by reference to which the Registrar considered it necessary to issue the direction.
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(2) Without prejudice to the generality of subsection (1), a direction under this section may require that advertisements or other means of soliciting deposits or subscriptions for shares in a society shall include a statement concerning the financial position of the society or giving any particular information relating to the society.
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(3) A direction under this section may apply to all societies or to a specified class or classes of societies (denoted by reference to such matters as the Registrar may consider appropriate) and to all advertising or other means of soliciting deposits or subscriptions for shares in a society or to a specified class or classes (so denoted) of advertising or other means of soliciting deposits or subscriptions for shares in a society.
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