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Amendment of section 12 of Principal Act.
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9.—Section 12 of the Principal Act is hereby amended by the substitution for subsection (3) of the following subsection:
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“(3) Where copies are forwarded to the Registrar in accordance with subsection (2) and he is satisfied that—
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(a) the alteration is in accordance with this Act and substantially in accordance with any rules prescribed under section 10 (3), and
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(b) registration would not be prejudicial to the orderly and proper regulation of building society business,
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he shall return one of the copies to the secretary together with a certificate of registration in the prescribed form, and shall retain and register the other copy.”.
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