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Length of notice for calling meetings. 66.(1) Written notice of any meeting of a building society which specifies the intention to propose a resolution as a special resolution at the meeting shall be sent to every member qualified to vote on a special resolution at the meeting. (2) Subject to subsection (1), written notice of any meeting of a building society shall be sent to every member of the society, but (subject to the rules of the society) notice of a meeting is not required by virtue of this subsection to be sent to a member who at the relevant time did not, or, as the case may be, does not hold shares in the society to a value of twenty-five pounds or more. (3) For the purposes of subsection (2) the relevant time (a)if the building society was established in the calendar year in which the notices are being sent, is the time at which the notices are sent; and (b)in any other case, is the end of the financial year preceding that in which the notices are sent. (4) Accidental omission to give notice of a meeting to, or non-receipt of notice of a meeting by, any person entitled to receive notice of the meeting shall not invalidate the proceedings at that meeting.
© 1967 Crown Copyright
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