Section 34: Advances to members

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

Part 3: Members and officers

A registered society's rules may provide for advances of money to members—

on the security of real or personal property or, in Scotland, of heritable or moveable estate, or
if the society is registered to carry on banking business, in any way that is customary in the conduct of such business.

About this text

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.