Industrial and Provident Societies Act 1893

JurisdictionUK Non-devolved
Citation1893 c. 39
Year1893


Industrial and Provident Societies Act, 1893.

(56 & 57 Vict.) CHAPTER 39.

An Act to consolidate and amend the Laws relating to Industrial and Provident Societies.

[12th September 1893]

W HEREAS it is expedient to consolidate and amend the law relating to industrial and provident societies:

Be it therefore enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:

Preliminary.

Preliminary.

S-1 Short title of Act.

1 Short title of Act.

1. This Act may be cited as theIndustrial and Provident Societies Act, 1893.

S-2 Extent of Act.

2 Extent of Act.

2. This Act shall come into operation on the first day of January next after the passing thereof, and shall extend to Great Britain and Ireland and the Channel Islands.

S-3 Existing societies.

3 Existing societies.

3. Every incorporated society now existing which has been registered or certified under any Act relating to industrial and provident societies shall be deemed to be a society registered under this Act, and its rules shall, so far as the same are not contrary to any express provision of this Act, continue in force until altered or rescinded.

Registration of Societies.

Registration of Societies.

S-4 Societies which may be registered.

4 Societies which may be registered.

4. A society which may be registered under this Act (herein called an industrial and provident society) is a society for carrying on any industries, businesses, or trades specified in or authorised by its rules, whether wholesale or retail, and including dealings of any description with land. Provided that—

a. ) No member other than a registered society shall have or claim any interest in the shares of the society exceeding two hundred pounds, and
b. ) In regard to the business of banking, the society shall be subject to the provisions herein-after contained
S-5 Conditions of registration.

5 Conditions of registration.

5. With respect to the registry of new societies the following provisions shall have effect:—

(1) (1.) No society can be registered under this Act which does not consist of seven persons at least:

(2) (2.) For the purpose of registry an application to register the society, signed by seven members and the secretary, and two printed copies of the rules, shall be sent to the registrar:

(3) (3.) No society shall be registered under a name identical with that under which any other existing society is registered, or so nearly resembling such name as to be likely, or in any name likely, in the opinion of the registrar, to mislead the members or the public as to its identity, and no society shall change its name except in the manner herein-after provided.

(4) (4.) A society registered under the Industrial and Provident Societies Act, 1852, and not registered under the Industrial and Provident Societies Acts, 1862, 1867, or 1876, may obtain from the registrar an acknowledgment of registry under this Act:

(5) (5.) The word ‘limited’ shall be the last word in the name of every society registered under this Act:

(6) (6.) A society carrying or intending to carry on business in more than one part of the United Kingdom shall be registered in the part in which its registered office, as herein mentioned, is situate; but copies of the rules of the society and of all amendments of the same shall, when registered, be sent to the registrar of each of the other parts to be recorded by him, and until such rules are so recorded the society shall not be entitled to any of the privileges of this Act in the part in which such rules have not been recorded, and until such amendments are so recorded the same shall not take effect in such part.

S-6 Acknowledgment of registry.

6 Acknowledgment of registry.

6. The registrar, on being satisfied that a society has complied with the provisions as to registry in force under this Act, shall issue to such society an acknowledgment of registry.

S-7 Appeals from refusal to register.

7 Appeals from refusal to register.

(1)7.—(1.) If the registrar refuses to register the society or any rules or amendments of rules, the society may appeal from such refusal as follows:—

(a. ) In England or Ireland to the High Court;

(b. ) In Scotland to either division of the Inner House of the Court of Session.

(2) (2.) If the refusal of registry is overruled on appeal, an acknowledgment of registry shall thereupon be given to the society by the registrar.

S-8 Effect of acknowledgment of registry.

8 Effect of acknowledgment of registry.

8. The acknowledgment of registry shall be conclusive evidence that the society therein mentioned is duly registered, unless it is proved that the registry of the society has been suspended or cancelled.

Cancelling and Suspension of Registry.

Cancelling and Suspension of Registry.

S-9 Cancelling and suspension of registry.

9 Cancelling and suspension of registry.

(1)9.—(1.) The registrar may cancel the registry of a society by writing under his hand or seal:

(a. ) If at any time it is proved to his satisfaction that the number of the members of the society has been reduced to less than seven, or that an acknowledgment of registry has been obtained by fraud or mistake, or that the society has ceased to exist;

(b. ) If he thinks fit, at the request of a society, to be evidenced in such manner as he shall from time to time direct;

(c. ) With the approval of the Treasury, on proof to his satisfaction that the society exists for an illegal purpose, or has wilfully and after notice from a registrar violated any of the provisions of this Act.

(2) (2.) The registrar, in any case in which he might, with the approval of the Treasury, cancel the registry of a society, may suspend the same, by writing under his band or seal, for any term not exceeding three months, and may, with the approval of the Treasury, renew such suspension from time to time for the like period.

(3) (3.) Not less than two months previous notice in writing, specifying briefly the ground of any proposed cancelling or suspension of registry, shall be given by the registrar to a society before the registry of the same can be cancelled (except at its request) or suspended; and notice of every cancelling or suspension shall be published in the Gazette, and in some local newspaper circulating in or about the locality in which the registered office of the society is situated, as soon as practicable after the same takes place.

(4) (4.) A society may appeal from the cancelling of its registry, or from any suspension of the same which is renewed after three months, in manner herein provided for appeals from the registrar's refusal to register.

(5) (5.) A society whose registry has been suspended or cancelled shall from the date of publication in the Gazette of notice of such suspension or cancelling (but, if suspended, only whilst such suspension lasts, and subject also to the right of appeal hereby given) absolutely cease to enjoy as such the privileges of a registered society, but without prejudice to any liability actually incurred by such society, which may be enforced against the same as if such suspension or cancelling had not taken place.

Rules.

Rules.

S-10 Rules and amendments.

10 Rules and amendments.

(1)10.—(1.) The rules of a society registered under this Act shall contain provisions in respect of the several matters mentioned in the Second Schedule to this Act.

(2) (2.) An amendment of a rule of a society registered under this Act shall not be valid until the same has been registered under this Act, for which purpose two copies of the same, signed by three members and the secretary, shall be sent to the registrar.

(3) (3.) The registrar shall, on being satisfied that any amendment of a rule is not contrary to the provisions of this Act, issue to the society an acknowledgment of registry of the same, which shall be conclusive evidence that the same is duly registered.

(4) (4.) A copy of the rules of a registered society shall be delivered by the society to every person on demand, on payment of a sum not exceeding one shilling.

(5) (5.) The rules of a registered society, or any schedule thereto, may set forth the form of any instrument necessary for carrying the purposes of the society into effect.

(6) (6.) The rules of every society registered under this Act shall provide for the profits being appropriated to any purposes stated therein or determined in such manner as the rules direct.

Duties of Registered Societies.

Duties of Registered Societies.

S-11 Registered office.

11 Registered office.

11. Every registered society shall have a registered office to which all communications and notices shall be addressed, and shall send to the registrar notice of the situation of such office, and of every change therein.

S-12 Publication of name.

12 Publication of name.

12. Every registered society shall paint or affix, and keep painted or affixed, its registered name on the outside of every office or place in which the business of the society is carried on, in a conspicuous position, in letters easily legible, and have its registered name engraven in legible characters on its seal, and have its registered name mentioned in legible characters in all notices advertisements, and other official publications of the society, and in all bills of exchange, promissory notes, endorsements, cheques, and orders for money or goods, purporting to be signed by or on behalf of such society, and in all bills of parcels, invoices, receipts, and letters of credit of the society.

S-13 Audit

13 Audit

(1)13.—(1.) Every registered society shall once at least in every year submit its accounts for audit either to one of the public auditors appointed as in this Act mentioned, or to two or more persons appointed as the rules of the...

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