New Clause 1 - Application of Company Accounts and Audit Provisions to Societies
Industrial and Provident Societies Bill
12:00 pm
Mr John McWilliam (Blaydon, Labour)
With this it will be convenient to take the following: New clause 2—Formalities of Carrying on Societies' Business and Pre-incorporation Contracts—
'Sections 36, 36A, 36B, 36C, 37, 38, 39 and 41 of the Companies Act 1985 as for the time being in force shall apply to any society registered under the Industrial and Provident Societies Act 1965 as if that society were a company.'.
New clause 3—A Society's Capacity—
'Sections 35, 35A, 35B and 322A of the Companies Act 1985 as for the time being in force shall apply to any society registered under the Industrial and Provident Societies Act 1965 as if that society were a company.'.