21 Amalgamations and transfers of engagements

Amalgamations, transfers of engagements and conversions

21  Amalgamations and transfers of engagements

(1)     In their application to credit unions, [sections 109 to 111 of the 2014 Act] (amalgamations of registered societies and transfers of engagements between them) shall have effect subject to the provisions of subsections (2) and (3) of this section.

(2)     A credit union shall not amalgamate with or transfer its engagements to or accept a transfer of engagements from any registered society which is not a credit union.

(3)     [In relation

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