Friendly Societies and Industrial and Provident Societies (Miscellaneous Provisions) Act 2014

Construction of references in Act of 1990

15. For the purposes of this Part, unless the context otherwise requires, a reference in the Act of 1990, and any other provision in the Companies Acts referred to in that Act, to—

(a) a board of directors shall be construed as a reference to a committee of management or other directing body of a registered society,

(b) a company shall be construed as including a reference to a registered society,

(c) a director shall be construed as a reference to a member of the committee of management or other directing body of a registered society,

(d) the memorandum of association or the articles of association of a company shall be construed as a reference to the rules of a registered society,

(e) the registrar of companies or the registrar shall be construed as a reference to the registrar of friendly societies,

(f) equity share capital or issued share capital shall be construed as a reference to shares in a registered society,

(g) a related company shall be construed as including a reference to a related registered society.