(a) the societies involved have complied with section 11; and (b) the rules, or proposed rules, of the transferee society are adequate; and (c) the certificate or certificates of incorporation S. 13(1)(c) amended by of the transferor society or societies has or No. 37/1999 have been surrendered to the Registrar; and s. 58(Sch. 2 Pt 1 item 6). (d) each authorised deposit-taking institution or S. 13(1)(d) amended by other person (if any) in whose favour a No. 11/2001 guarantee under Part V is in force in relation s. 3(Sch. item 15.2). to the societies consents to the transfer; (e) there is no good reason why the transfer of engagements should not take effect; the Registrar must— (f) issue a certificate confirming the transfer of engagements; and (g) cancel the registration of the transferor society or societies. (2) A transfer of engagements takes effect on the S. 13(2) amended by issue of the certificate of the Registrar under No. 37/1999 s. 58(Sch. 2 subsection (1). Pt 1 item 6). S. 14 14 Registrar may direct a transfer of engagements substituted by between societies No. 48/1992 s. 96. (1) The Registrar may, by written notice given to a S. 14(1) amended by society, direct it to transfer its engagements to No. 37/1999 another society if the board of the other society s. 58(Sch. 2 Pt 1 item 6). has, by resolution, consented to the proposed transfer.
(a) the societies involved have complied with section 11; and (b) the rules, or proposed rules, of the transferee society are adequate; and S. 13(1)(c) amended by No. 37/1999 s. 58(Sch. 2 Pt 1 item 6). (c) the certificate or certificates of incorporation of the transferor society or societies has or have been surrendered to the Registrar; and S. 13(1)(d) amended by No. 11/2001 s. 3(Sch. item 15.2). (d) each authorised deposit-taking institution or other person (if any) in whose favour a guarantee under Part V is in force in relation to the societies consents to the transfer; (e) there is no good reason why the transfer of engagements should not take effect; the Registrar must— (f) issue a certificate confirming the transfer of engagements; and (g) cancel the registration of the transferor society or societies. S. 13(2) amended by No. 37/1999 s. 58(Sch. 2 Pt 1 item 6). (2) A transfer of engagements takes effect on the issue of the certificate of the Registrar under subsection (1). S. 14 substituted by No. 48/1992 s. 96. 14 Registrar may direct a transfer of engagements between societies S. 14(1) amended by No. 37/1999 s. 58(Sch. 2 Pt 1 item 6). (1) The Registrar may, by written notice given to a society, direct it to transfer its engagements to another society if the board of the other society has, by resolution, consented to the proposed transfer.