Industrial and Provident Societies Act 1965 · 1965 c.12
REPEALED on 2014-08-01 by Community Benefit Societies Act 2014.
The text below is from the dated revised snapshot immediately preceding this status change. It is historical and is not current law. View the historical source.
Without prejudice to any provision included by virtue of section 12 of this Act, the rules of a registered society may provide for advances of money to members—
(a) on the security of real or personal property or, in Scotland, of heritable or moveable estate; or
(b) if the society is registered to carry on banking business, in any manner customary in the conduct of such business.
This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0.
Reuse reviewed 21 August 2026 under Open Government Licence v3.0.
