Co-operative and Community Benefit Societies Act 2014
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Change 1
70 Section 69: form of statement
(1) The statement required by section 69 is to be in the following form (or as near to it as is possible in the circumstances)— 1 Capital of the society— (a) nominal amount of each share; (b) number of shares issued; (c) amount paid up on shares. 2 Liabilities of the society on the relevant date— (a) on judgments; (b) on specialty; (c) on notes or bills; (d) on simple contract; (e) on estimated liabilities. 3 Assets of the society on the relevant date— (a) government securities (stating them); (b) bills of exchange and promissory notes; (c) cash at the bankers; (d) other securities. (2) “The relevant date” is— (a) 1 January (for the period beginning with the first Monday in the following February and ending immediately before the first Monday in the following August); (b) 1 July (for the period beginning with the first Monday in the following August and ending immediately before the first Monday in the following February).
70 Section 69: form of statement
(1) The statement required by section 69 is to be in the following form (or as near to it as is possible in the circumstances)— 1 Capital of the society— (a) nominal amount of each share; (b) number of shares issued; (c) amount paid up on shares. 2 Liabilities of the society on the relevant date— (a) on judgments; (b) on specialty; (c) on notes or bills; (d) on simple contract; (e) on estimated liabilities. 3 Assets of the society on the relevant date— (a) government securities (stating them); (b) bills of exchange and promissory notes; (c) cash at the bankers; (d) other securities. (2) “The relevant date” is— (a) 1 January (for the period beginning with the first Monday in the following February and ending immediately before the first Monday in the following August); (b) 1 July (for the period beginning with the first Monday in the following August and ending immediately before the first Monday in the following February).
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