BUILDING SOCIETIES: SUBSIDIARY LEGISLATION
APPOINTMENT OF REGISTRAR
under s. 5
G.N. 111/1965
The Minister has appointed the Secretary to the Treasury to be Registrar of Building Societies.
BUILDING SOCIETIES REGULATIONS
under s. 96
G.N. 49/1964(N)
1/1969
These Regulations may be cited as the Building Societies Regulations.
2. Application for registration
Every application for the registration of a society under section 8 or section 13 of the Act shall be made in Form B.S.1 in the First Schedule.
Upon the registration of a society, the Registrar shall issue a certificate of registration in Form B.S.2 in the First Schedule.
4. Application for approval of auditor
Every application under section 23 of the Act for the approval of a person as an auditor of a society shall be in Form B.S.3 in the First Schedule.
5. Application to exceed investor’s limits
Every application under section 28 of the Act for the consent of the Registrar to any one person holding deposits in excess of the limits prescribed by that section shall be in Form B.S.4 in the First Schedule.
G.N. 1/1969
6. Application to acquire additional land or buildings
Every application under section 29 of the Act for the consent of the Registrar to a society holding land or buildings in excess of the limits prescribed by that section shall be in Form B.S.5 in the First Schedule.
7. Application for authority to make certain advances
Every application under section 34 or 35 (1) of the Act for the authority of the Registrar to make an advance or special advance in excess of the limits prescribed by those sections shall be in Form B.S.6 in the First Schedule.
8. Application to leave certain special advances out of account
Every application under section 35 (2) of the Act for the permission of the Registrar to leave a special advance out of account in accordance with that section shall be in Form B.S.7 in the First Schedule.
9. Notice to borrower and third party
Every notice to a borrower and to another person providing additional security which is required under section 40 of the Act shall be in Form B.S.8 in the First Schedule.
10. Application to retain unauthorized investments
Every application under section 41 of the Act for the authority of the Registrar to retain unauthorized investments shall be in Form B.S.9 in the First Schedule.
11. Application to borrow on loan
Every application under section 42 of the Act to enable a society to borrow by way of a loan shall be in Form B.S.10 in the First Schedule.
Every account and statement of a society prepared in accordance with section 47 of the Act shall relate to and concern all the business of that society and shall be in the form and shall contain the particulars set out in Form B.S.11 in the First Schedule.
13. Return of sales and transfers
Every return of sales and transfers prepared in accordance with section 48 of the Act shall be in Form B.S.12 in the First Schedule.
Every notice given to a prospective borrower in accordance with section 56 of the Act shall be in Form B.S.13 in the First Schedule.
15. Notice on sale of property
Every notice sent to a member in accordance with section 57 of the Act shall be in Form B.S.14 in the First Schedule and shall state—
(a) the particulars of the land sold;
(b) the amount of money realized by such sale;
(c) the expenses and costs incidental to the sale;
(d) the name of the purchaser of the land.
(1) Every notification to the Registrar under section 67 of the Act shall be in Form B.S.15 in the First Schedule and shall have attached thereto a copy of the resolution to which such notification relates certified by at least four members of the society.
(2) Upon the registration by the Registrar of a change in the name of a society, the Registrar shall issue a new certificate of registration in Form B.S.16 in the First Schedule.
Every notification to the Registrar under section 68 of the Act shall be in Form B.S.17 in the First Schedule.
18. Appointment, etc., of directors
Every notification to the Registrar under section 69 of the Act shall be in Form B.S.18 in the First Schedule.
Every application under section 70 of the Act for the approval of the Registrar of an alteration in the rules of a society shall be in Form B.S.19 in the First Schedule.
Every notice of union under section 72 of the Act shall be in Form B.S.20 in the First Schedule.
21. Notice of transfer of engagements
(1) Every notice of transfer under section 73 of the Act shall be…
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