Building Societies Act, 1976

Records of loans.

83.—(1) Every society shall cause records to be kept showing in relation to every loan the amount of the loan, the purpose for which it was made, the value placed on the freehold or leasehold estate, the name of the person by whom the report under section 79 (1) was made and particulars of any additional security taken by the society.

(2) The records required by subsection (1) shall include such other information relative to loans made by the society as the Registrar may from time to time direct.