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BUILDING SOCIETIES ACT (NORTHERN IRELAND) 1967 - SECT 6

Power to raise and repay funds.

6.(1) A building society may from time to time raise funds by the issue of
shares of one or more denominations, either as shares paid up in full or as
shares to be paid by periodical or other subscriptions, and with or without
accumulating interest.

(2) A building society may repay any funds so raised when they are no longer
required for the purposes of the society.


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© 1967 Crown Copyright

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