Building Societies Act Amendment Act of 1915 (6 Geo v No. 10) (Qld)

SOCIETIES. 6 GEO. V. No. 10, 1915. Building Societies Act Amendment Act. 6999 SHORTHAND REPORTERS IN COURTS OF SUMMARY JURISDICTION. See JUSTICES. SOCIETIES. An Act to Amend "The Building Societies Act of o Geo. V.. 1886" in a certain particular. . N.o. 10 THE BUILDING [ASSENTED TO 15TH NOVEMBER, 1915.] SOCAICETTIES B E it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Council and Legislative Assembly of Queensland in Parliament assembled, and by the authority of the same, as follows :- 1. This Act shall be read as one with " The Building Short title i A So c c t i , et a ie n s d A m ct a o y f b1e88c6it, " edhetoregienthreefrerwreidthtothaast tAhectParisn"ci T p h a e l a C o o n fn d A , ,tcrtu.etion ' Building Societies Acts, 1886 to 1915," or separately as "The Building Societies Act Amen:Iment Act of 1915." 2. In section thirty-eight of the Principal Act, the Amendment word "investing" where it twice occurs is repealed; and of 3 . 38. after the words "either society" the following proviso is inserted :— "Provided that, where three-fourths of the members of two or more Societies present at general meetings respectively convened for the purpose of considering any such union or transfer agree to the union or transfer, the agreement shall be valid if it obtains the concurrence, in writing, of the holders of not less than two-thirds of the whole number of shares in each Society, whether they are present at the meeting or not." * 50 Vic. No. 34, supra, page 3192.