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FRIENDLY SOCIETIES ACT (NORTHERN IRELAND) 1970 - SECT 75

Saving for rights of creditors.

75.(1) For the purposes of this Act, a special resolution, in relation to a
registered society, is a resolution passed

(a)at a general meeting of which notice, specifying the intention to propose
that resolution, has been duly given in accordance with the society's rules,
and

(b)by not less than three-quarters of those members of the society for the
time being entitled under the society's rules to vote who vote either in
person or by proxy at the meeting or, in the case of a meeting of delegates
appointed by members, by not less than three-quarters of the delegates who
vote at the meeting.

(2) Notwithstanding anything to the contrary in the rules of a registered
society, at any such general meeting as is referred to in subsection (1)(a),
other than a meeting of delegates, proxy voting shall be permitted on any
resolution which, if passed as mentioned in subsection (1)(b), would be a
special resolution, and the procedure adopted by a registered society for
proxy voting on any such resolution shall comply with any requirements imposed
by the registrar by regulations made under this section.

(3) A copy of every special resolution for any of the purposes mentioned in
this Act, signed by the chairman of the meeting and countersigned by the
secretary, shall be sent to the registrar and registered by him, and until
that copy is so registered the special resolution shall not take effect.

Conversion of society into branch.

© 1970 Crown Copyright

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