Excerpt from Building Society Legislation: Being Considerations on the Present State of the Law, and Suggestions for Its Amendment and Codification While this Bill (valuable so far as it goes) would clear up one point, it leaves many others untouched. Realising fully the awkwardness of Acts which are repealed for the purpose for which they were originally passed, yet are existing for another purpose, we incline to the Opinion that it would be better at once to bring in an Act codifying the law on the subject, removing those restrictions which are found to be obsolete or ineffectual, and providing privileges similar to those which have been conferred on cognate Societies by legislation subsequent to the passing of the Building Societies Act. Only one Act has been passed regulating Building Societies. Thirty-three years have elapsed since it was enacted, and no alteration has been proposed in it. This Act, 6 and 7 William IV c. 32, passed in 1836, incorporated with it the then exist ing Friendly Societies' Acts as far as they might be applicable to the purpose of any Benefit Building Society - viz., 10 George IV., 0. 56, and 4 and 5 William IV., c. 40. These two last-mentioned Acts were repealed in 1840 as regards Friendly Societies by the Consolidation Act of 13 and 14 Victoria, c. 115. But by their incorporation in the Building Socie ties' Act they remain in full force as regards their Societies as far as they may be applicable. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.