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INDUSTRIAL AND PROVIDENT SOCIETIES ACT (NORTHERN IRELAND) 1969 - SECT 92

Powers of registrar to appoint inspector and call meeting.

92.(1) Without prejudice to section 58, where the registrar is of the opinion
that an investigation should be held into the affairs of a credit union or
that the affairs of a credit union call for consideration by a meeting of the
members, he may, with the consent of the Ministry, appoint an inspector to
investigate and report on the affairs of the credit union, or may (either on
the same or on different occasions) both appoint such an inspector and call
such a meeting.

(2) All expenses of and incidental to an investigation or meeting held
pursuant to subsection (1) shall be defrayed out of the funds of the
credit union, or by the members or officers or former members or officers of
the credit union in such proportion as the registrar shall direct and
section 58(5) and (6) shall apply to an inspector appointed or meeting to be
held as aforesaid.

© 1969 Crown Copyright

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