Credit Unions Act 1979
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Change 1
1ZA Specified financial activities
(1) The financial activities specified for the purposes of the optional object of a credit union (see section 1(3ZZA)) are— (a) entering into conditional sale agreements, as the seller; (b) entering into hire purchase agreements, as the person from whom goods are bailed or (in Scotland) hired; (c) insurance distribution activities. (2) The Treasury may by regulations specify requirements or restrictions in relation to the carrying on by a credit union of a financial activity specified in subsection (1).
1ZA Specified financial activities
(1) The financial activities specified for the purposes of the optional object of a credit union (see section 1(3ZZA)) are— (a) entering into conditional sale agreements, as the seller; (b) entering into hire purchase agreements, as the person from whom goods are bailed or (in Scotland) hired; (c) insurance distribution activities. (2) The Treasury may by regulations specify requirements or restrictions in relation to the carrying on by a credit union of a financial activity specified in subsection (1).
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