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Provisions of Act to be inserted in certain documents. 42.(1) A building society shall not accept a deposit except on terms enabling the directors of the society to require notice (not being less than one month's notice) before repayment or withdrawal. (2) If a building society contravenes subsection (1), the society, and every director who is a party to the contravention, shall be liable on summary conviction to a fine not exceeding ten pounds.
© 1967 Crown Copyright
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