Section 130: Misappropriation of a society's property etc

Co-operative and Community Benefit Societies Act 2014 · 2014 c. 14View on legislation.gov.uk

Part 10: Offences

A person who, by false representation or deception, and with fraudulent intent, obtains possession of any property of a registered society commits an offence.

A person who has any property of a registered society in the person's possession commits an offence if, with fraudulent intent, the person—

withholds or misapplies the property, or
wilfully applies any part of the property to purposes which are not authorised by the society's rules or which are not in accordance with this Act.

A person guilty of an offence under this section is liable on summary conviction—

to a fine not exceeding level 2 on the standard scale with costs or expenses,
to be ordered to deliver up the property or to repay all moneys improperly applied, and
in default of such delivery or repayment or of the payment of any such fine, to be imprisoned for a term not exceeding 3 months.

If in proceedings against a person for an offence under this section it is not proved that the person acted with fraudulent intent, the person may be ordered to deliver up any property belonging to the society or to repay any money improperly applied, with costs or expenses.

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This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.