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INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 90

Prohibitions on undischarged bankrupts and other persons.

90.(1) A person who is an undischarged bankrupt or who has been convicted on
indictment of any offence involving fraud or dishonesty shall not

(a)sign an application form for registration of a credit union; or

(b)act as a member of the board of directors of a credit union; or

(c)directly or indirectly take part in or be concerned in the management of a
credit union; or

(d)permit his name to be put forward for election or appointment to any office
in a credit union.

(2) Where a person holding any office in a credit union becomes ineligible, by
virtue of subsection (1), to hold that office, he shall forthwith cease to
hold that office.


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© 1969 Crown Copyright

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