Building Societies Act, 1976

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Number 38 of 1976

BUILDING SOCIETIES ACT, 1976

ARRANGEMENT OF SECTIONS

Preliminary and General

Establishment, Rules, Powers etc. of Societies

24.	Loans by one society to another.
25.	Union of societies.
26.	Transfer of and undertaking to fulfil engagements.
27.	Confirmation and registration of union under section 25 or transfer or undertaking under section 26.
28.	Statement for members relating to proposal under section 25 or 26.

Control of Societies by Registrar.

29.	Power of Registrar to appoint inspector or call special meeting.
30.	Provisions supplemental to section 29.
31.	Power of Registrar to suspend raising of funds, etc.
32.	Power of Registrar to suspend advertising.
33.	Order by Court regarding direction under section 31 or 32.
34.	Power to inspect and obtain documents, etc.
35.	Control of advertising.
36.	Forms and fees.

Ratios and Investments

37.	Control of ratios between assets and liabilities.
38.	Investment of surplus funds.

Management and Administration of Societies

39.	Officer to give security and to account for money.
40.	Directors.
41.	Disclosure of interest by director.
42.	Prohibition on bankrupts and other persons.
43.	Loans to directors, etc.
44.	Payments made to director.
45.	Prohibition of tax-free payment to directors.
46.	Directors' names on business letters, etc.
47.	General provisions relating to disputes.
48.	Determination of disputes by arbitration.
49.	Determination of disputes by Registrar.
50.	Determination of disputes by Circuit Court.
51.	Notice of meeting.
52.	Right to attend meetings.
53.	Voting at meeting.
54.	Proxies.
55.	Right to demand a poll.
56.	Special resolution.
57.	Members' special resolution.
58.	Annual general meeting.
59.	Keeping of books of account, etc.
60.	Annual accounts.
61.	Display of statement.
62.	Form of accounts.
63.	Signing of balance sheet.
64.	Directors' report.
65.	Provisions relating to certain documents.
66.	Appointment of auditor.
67.	Resolutions relating to appointment and removal of auditor.
68.	Qualifications for appointment as auditor.
69.	Auditor's report, right of access to books and to attend meetings, etc.
70.	Submission of returns and information.

71.	Liability of officer.
72.	Court's power to grant relief to officer of a society.
73.	Register of members.
74.	Register of directors and secretary.
75.	Commission, insurance etc.
76.	Regulations relating to management of society.

Loans

77.	Amounts and purposes of loans.
78.	Security for loans.
79.	Valuation of security for loans.
80.	Loan on second mortgage.
81.	Prohibition of balloting for loans.
82.	Sale of mortgaged property.
83.	Records of loans.
84.	Discharge of mortgage.

Miscellaneous

Enactments Repealed

Acts Referred to
Arbitration Act, 1954	1954, No. 26
Companies Act, 1963	1963, No. 33
Central Bank Act, 1971	1971, No. 24
Building Societies Act, 1974	1974, No. 9
Registration of Title Act, 1964	1964, No. 16
Registration of Deeds Act, 1707	1707, c. 2
Registry of Deeds (Ireland) Act, 1832	1832, c. 87

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Number 38 of 1976

BUILDING SOCIETIES ACT, 1976

AN ACT TO CONSOLIDATE WITH AMENDMENTS THE LAW RELATING TO BUILDING SOCIETIES. [21st December, 1976]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: