Building Societies Act, 1989
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PART XI Conversion to Public Limited Company | ||
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Interpretation of this Part. |
100.—In this Part— | |
“borrowing member” has the meaning assigned to it by section 71 ; | ||
“company” means a public company limited by shares within the meaning of the Companies Acts; | ||
“conversion date” means the date on which the society becomes converted and is registered as a company; | ||
“conversion scheme” means a scheme drawn up by the board of directors of a society for the conversion of the society into a company; | ||
“successor company” means the company into which a society converts itself. |