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AI Summary of 107. Section 106: examinations and special meetings

Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2014 - onwards
Version 2 of 2

107. Section 106: examinations and special meetings

(1) This section supplements section 106.

(2) An inspector may -

(a) require the production of any (or all) of the society's books, accounts, securities and documents;

(b) examine on oath its officers, members, agents and employees in relation to its business (and may for that purpose administer oaths).

(3) The FCA may direct -

(a) the time and place of a special meeting;

(b) the matters to be discussed and determined at the meeting.

(4) A special meeting has -

(a) all the powers of a meeting called in accordance with the society's rules;

(b) the power to appoint its own chair (despite anything in the society's rules).