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INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 21

Remedy for debts from members.

21.(1) All moneys payable to a registered society by a member thereof shall be
a debt due from that member to the society and shall be recoverable as such in
the county court for the district within which the society's registered office
is situate or within which the member resides, at the option of the society.

(2) A registered society shall have a lien on the shares of any member for any
debt due to the society by that member, and may set off any sum credited to
the member on those shares in or towards the payment of that debt.


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© 1969 Crown Copyright

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