Section 69: Society carrying on banking must display statement

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

Part 6: Banking and lending by societies

A registered society which carries on the business of banking must display a statement complying with section 70 in a conspicuous position in—

its registered office, and
every other office or place of business belonging to the society where the business of banking is carried on.

Section 67(2) (taking of deposits below limits specified there not to be treated as carrying on the business of banking) applies for the purposes of this section.

A registered society which fails to comply with this section commits an offence and is liable on summary conviction to a fine not exceeding level 1 on the standard scale.

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