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BUILDING SOCIETIES ACT (NORTHERN IRELAND) 1967 - SECT 64

64.(1) Subject to subsection (3), every building society shall in the first
four months of each financial year hold a meeting as its annual general
meeting, in addition to any other meetings held in that year.

(2) The annual general meeting shall be described as such in the notices
calling it.

(3) A building society need not hold an annual general meeting in the calendar
year in which it is incorporated.

(4) If in any financial year default is made in holding a meeting of a
building society in accordance with subsections (1) to (3), the registrar may
call, or direct the calling of, an annual general meeting in that
financial year, and give such ancillary or consequential directions as he
thinks expedient, including directions modifying or supplementing the
operation of the rules of the society in relation to the calling, holding and
conducting of the meeting.

(5) If default is made in holding an annual general meeting of a
building society in accordance with subsections (1) to (3), or in complying
with any directions of the registrar under subsection (4), the society, and
every officer of the society who is in default, shall be liable on summary
conviction to a fine not exceeding two hundred pounds.

© 1967 Crown Copyright

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