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INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 22

Nomination to property in society.

22.(1) Subject to subsections (2) and (3), a member of a registered society
may, by a written statement signed by him and delivered at or sent to the
society's registered office during his lifetime or made in any book kept at
that office, nominate a person or persons to become entitled at his death to
the whole, or to such part or respective parts as may be specified in the
nomination, of any property in the society (whether in shares, loans or
deposits or otherwise) which he may have

(a)in the case of a nomination made before 1st January 1914, at the date of
the nomination; or

(b)in any other case, at the time of his death.

(2) The nomination by a member of a society under subsection (1) of a person
who is at the date of the nomination an officer or servant of the society
shall not be valid unless that person is the husband, wife, father, mother,
child, brother, sister, nephew or niece of the nominator.

(3) For the purposes of the disposal of any property which is the subject of a
nomination under subsection (1)

(a)if the nomination was made before 1st January 1914 and at the date of the
nomination the amount credited to the nominator in the society's books
exceeded one hundred pounds, the nomination shall not be valid;

(b)if the nomination was made after 31st December 1913 and before 29th
December 1955 and at the date of the nominator's death the amount of his
property in the society comprised in the nomination exceeds one hundred
pounds, the nomination shall be valid to the extent of one hundred pounds but
not further or otherwise;

(c)if the nomination was made after 28th December 1955 and before 21st April
1967 and at the date of the nominator's death the amount of his property in
the society comprised in the nomination exceeds two hundred pounds, the
nomination shall be valid to the extent of two hundred pounds but not further
or otherwise;

(d)if the nomination was made after 20th April 1967 and at the date of the
nominator's death the amount of his property in the society comprised in the
nomination exceeds five hundred pounds (or such higher amount as may be
substituted under section 6(1) of the Administration of Estates (Small
Payments) Act (Northern Ireland) 1967), the nomination shall be valid to the
extent of five hundred pounds (or such higher amount as aforesaid), but not
further or otherwise.

(4) A nomination by a member of a society under subsection (1) may be varied
or revoked by a subsequent nomination by him thereunder or by any similar
document in the nature of a revocation or variation signed by the nominator
and delivered at or sent to the society's registered office during his
lifetime, but shall not be revocable or variable by the will of the nominator
or by any codicil thereto.

(5) Every registered society shall keep a book in which the names of all
persons nominated under subsection (1) and any revocation or variation of any
nomination under that subsection shall be recorded.

(6) The marriage of a member of a society shall operate as a revocation of any
nomination made by him before the marriage and after 31st December 1913; but
if any property of that member has been transferred by an officer of the
society in pursuance of the nomination in ignorance of a marriage contracted
by the nominator subsequent to the date of the nomination, the receipt of the
nominee shall be a valid discharge to the society and the society shall be
under no liability to any other person claiming the property.


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© 1969 Crown Copyright

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