Building Societies (Amendment) Act 2006

Amendment of section 13 of Principal Act.

6.— Section 13 of the Principal Act is amended—

(a) in subsection (1), by substituting “Subject to subsection (3) the words” for “The words”, and

(b) by substituting the following for subsection (3):

“(3) (a) Save where paragraph (b) applies, a society shall not use any name or title other than its registered name.

(b) A society may carry on business under a name other than its registered name provided that—

(i) the details of the name proposed by it to be so used are furnished to and approved by the Central Bank, and

(ii) that name is duly registered under the Registration of Business Names Act 1963 .”.