APPENDIX
CLAUSE 4 OF THE CO-OPERATIVE AND COMMUNITY
BENEFIT SOCIETIES BILL
4 Power to apply certain other provisions
relating to companies
(1) The Treasury may by regulations—
(a)make provision applying to societies registered
under the Industrial and Provident Societies Act 1965 (c. 12)
any provision mentioned in subsection (2), or
(b)make provision for such societies corresponding
to any such provision, in either case, with such modifications
as appear to the Treasury to be appropriate.
(a)Parts 14 and 15 of the Companies Act 1965
(c. 6) (investigations);
(b)Part 5 of the Companies Act 2006 (c. 46) (company
names);
(c)Part 31 of that Act (dissoluation and restoration
to the register).
(3) Regulations made by virtue of subsection
(2)(a) may amend or repeal the following provisions—
(a)section 47 of the Industrial and Provident
Societies Act 1965 (inspection of books by order of Authority);
(b)section 48 of that Act (production of documents
and provision of information);
(c)section 49 of that Act (appointment of inspectors
and calling of special meeting), so far as relating to the appointment
of inspectors.
(4) Regulations made by virtue of subsection
(2)(b) may amend or repeal section 5 of the Industrial and Provident
Societies Act 1965 (c. 12) (name of society).
(5) Regulations made by virtue of subsection
(2)(c) may amend or repeal the following provisions of the Industrial
and Provident Societies Act 1965—
(a)section 16(1)(a)(iii) (cancellation of registration
society having ceased to exist);
(b)section 59 (restriction on dissolution or
cancellation of registration).
(6) Subsections (3) to (5) above are not to be
read as restricting the power conferred by section 6 of this Act
(general power to make consequential amendments).
(7) Regulation under this section may—
(a)confer power to make orders, regulations and
other subordinate legislation;
(b)create criminal offence;
(c)provide for the charging of fees (but not
any charge in the nature of taxation).
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