Industrial and Provident Societies (Amendment) Act, 1978

Amendment of rules of societies.

35.—(1) Notwithstanding anything in the rules of a society, the committee of management shall, by resolution passed not later than six months after the passing of this Act, make such amendments to those rules as may be necessary as a consequence of this Act.

(2) A society which fails to comply with subsection (1) shall be guilty of an offence and shall be liable on summary conviction to a fine not exceeding £500.