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BUILDING SOCIETIES ACT (NORTHERN IRELAND) 1967 - SECT 83

Directors' report.

83.(1) A copy of every balance sheet, including every document required by law
to be annexed to it, which is to be laid before a building society at the
annual general meeting, together with a copy of the auditors' report and of
the directors' report, shall, not less than twenty-one days before the date of
the meeting, be sent to the registrar, and to every member of the society,
other than a member who, at the end of the financial year to which the balance
sheet relates, does not hold shares in the society to the value of twenty-five
pounds or more.

(2) Any member of a building society, whether he is or is not entitled to have
sent to him copies of the society's balance sheets, and every depositor in a
building society, shall be entitled, on demand and without charge, to be
furnished with a copy of the last balance sheet of the society, including
every document required by law to be annexed to it, together with a copy of
the auditors' report and of the directors' report.

(3) If default is made in complying with subsection (1), or if, when any
person makes a demand for any document with which he is by virtue of
subsection (2) entitled to be furnished, default is made in complying with the
demand within seven days after the demand is made, the building 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.


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© 1967 Crown Copyright

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