23 Conversion of company into credit union
Credit Unions Act 1979 (1979 c 34) | Legislation

23  Conversion of company into credit union

(1)     . . .

(2)     . . .

(3)     A company shall not be registered as a credit union in accordance with [section 115 of the 2014 Act (conversion of company into a registered society)]     unless the [FCA] is satisfied—

(a)     that either there are no outstanding deposits by members with the company or that,

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