Building Societies Act 1965

23 Change of name

(1)

Subject to the provisions of this Act, a society may change its name by special resolution.

(2)

If, through inadvertence or otherwise, a society at its first registration under this Act or on its registration in a new name is registered in a name which is in contravention of section 21, or of any enactment, other than this Act, relating to restrictions on the use of any name, the society shall, within a period of 6 weeks from the date of its being required by the Registrar to do so, or within such further period as he or she may allow, change its name by resolution to a name that is not in contravention as aforesaid.

(3)

The society shall give notice in writing of any such change to the Registrar for registration within 14 days after the passing of the special resolution or resolution, as the case may be.

(4)

On receipt of the notice the Registrar shall, unless in his or her opinion the new name is undesirable, register the new name.

(5)

[Repealed]

(6)

Any such change of name shall not affect the rights and obligations of the society or of any of its members or of any other person concerned.

(7)

If a society fails to send to the Registrar a notice of any change of name within the time prescribed or allowed by this section the society, and every officer of the society who is in default, shall be guilty of an offence against this Act.

Compare: 1908 No 18 s 24; Building Societies Act 1962 s 16 (UK)

Section 23(3): amended, on 20 September 2007, by section 7 of the Building Societies Amendment Act 2007 (2007 No 43).

Section 23(4): amended, on 20 September 2007, by section 7 of the Building Societies Amendment Act 2007 (2007 No 43).

Section 23(5): repealed, on 20 September 2007, by section 7 of the Building Societies Amendment Act 2007 (2007 No 43).