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INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 5



5.(1) No society shall be registered under this Act under a name which in the
opinion of the registrar is undesirable.

(2) Subject to subsection (5), the word "Limited" shall be the last word in
the name of every society registered under this Act.

(3) A registered society may change its name in the following manner and in
that manner only, that is to say

(a)by a resolution for the purpose passed at a general meeting of the society
after the giving of such notice as is required by the rules of the society for
such a resolution or, if the rules do not make special provision as to notice
of such a resolution, after the giving of such notice as is required by the
rules for a resolution to amend the rules; and

(b)with the approval in writing of the registrar.

(4) No change in the name of a registered society shall affect any right or
obligation of the society, or of any member thereof, and any pending legal
proceedings may be continued by or against the society notwithstanding its new
name.

(5) If the registrar is satisfied that the objects of a society applying for
registration under this Act or of a registered society are wholly charitable
or benevolent, he may register the society by a name which does not contain
the word "Limited" or, as the case may be, permit the society to change its
name to one which does not contain that word; but if it subsequently appears
to the registrar that the society, whether in consequence of a change in its
rules or otherwise, is not being conducted wholly for charitable or benevolent
objects, he may direct that the word "Limited" be added as the last word in
the name of the society and shall notify the society accordingly.

(6) Every registered society shall cause its registered name to be painted or
affixed, and to be kept painted or affixed, in a conspicuous position and in
letters easily legible, on the outside of its registered office and every
other office or place in which the business of the society is carried on, and
shall have that name engraven in legible characters on its seal and mentioned
in legible characters

(a)in all notices, advertisements and other official publications of the
society;

(b)in all business letters of the society;

(c)in all bills of exchange, promissory notes, endorsements, cheques and
orders for money or goods, purporting to be signed by or on behalf of the
society;

(d)in all bills, invoices, receipts, and letters of credit of the society.

(7) Any officer of a registered society, or any other person acting on such a
society's behalf, who

(a)uses any seal purporting to be a seal of the society which does not have
the society's registered name engraven on it in legible characters; or

(b)issues or authorises the issue of any document such as is mentioned in
subsection (6)(a) or (d) in which that name is not mentioned in legible
characters; or

(c)signs or authorises to be signed on behalf of the society any document such
as is mentioned in subsection (6)(c) in which that name is not so mentioned,

Maximum shareholding in society.



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© 1969 Crown Copyright

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