The Industrial and Provident Societies Act 1965 (c. 12) was an act of the Parliament of the United Kingdom that regulated industrial and provident societies in Great Britain and the Channel Islands.
From 1 August 2014 it was repealed and replaced by the consolidating Co-operative and Community Benefit Societies Act 2014.
The Co-operative and Community Benefit Societies and Credit Unions Act 2010 contained a provision that would have renamed the act the Co-operative and Community Benefit Societies and Credit Unions Act 1965, but this was repealed on 1 August 2014 before coming into force.
History In the UK, and some Commonwealth countries, many co-operatives are registered as industrial and provident societies. Since 2014 the applicable laws now explicitly name co-operatives and community benefit societies in their titles.
In January 2012 the UK Prime Minister, David Cameron announced a project to consolidate all the legislation applicable to industrial and provident societies. There was some uncertainty as to how far new developments would address the problems with the legislation. In mid-2012, revision of laws for co-operative was in its early stages. The enactment of the Co-operative and Community Benefit Societies Act 2014 completed the reform process.
Jurisdiction This legislation applies in Great Britain (England, Wales, and Scotland). Northern Ireland has its own very similar legislation. The 1965 and 1968 acts also apply to Jersey and Guernsey.
Provisions Repealed enactments Section 77(1) of the act repealed 15 enactments, listed in schedule 5 to the act. Text was copied from this source, which is available under an Open Government Licence v3.0. © Crown copyright. +Enactments repealed by section 77(1)CitationShort titleExtent of repeal56 & 57 Vict. c. 39Industrial and Provident Societies Act 1893The whole act.57 & 58 Vict. c. 8Industrial and Provident Societies Act 1894The whole act.58 & 59 Vict. c. 30Industrial and Provident Societies (Amendment) Act 1895The whole act.3 & 4 Geo. 5. c. 31Industrial and Provident Societies (Amendment) Act 1913The whole act.15 & 16 Geo. 5. c. 20Law of Property Act 1925In section 115(9), the words " industrial or provident ".18 & 19 Geo. 5. c. 4Industrial and Provident Societies (Amendment) Act 1928The whole act.3 & 4 Geo. 6. c. 19Societies (Miscellaneous Provisions) Act 1940In section 8(1), the words from "or any " to " 1928 ".In section 10(1), in the definition of "society", the words from " any society registered " to " 1928 ".11 & 12 Geo. 6. c. 39Industrial Assurance and Friendly Societies Act 1948Section 18(3)(d).In section 19(5), the words from " or in any of the " to the end of paragraph (c).In section 20(1), the words from "and of " to " 1893 " and paragraph (c).In section 20(2), the words from " or under" to " 1893 ".In section 21, the words from "and of " to " 1893 ".14 Geo. 6. c. 34Housing (Scotland) Act 1950Section 79(2), from "and, notwithstanding " onwards.15 & 16 Geo. 6 & 1 Eliz. 2. c. 17Industrial and Provident Societies Act 1952The whole act.2 & 3 Eliz. 2. c. 43Industrial and Provident Societies (Amendment) Act 1954The whole act.5 & 6 Eliz. 2. c. 56Housing Act 1957Section 119(4).6 & 7 Eliz. 2. c. 45Prevention of Fraud (Investments) Act 1958Section 10.7 & 8 Eliz. 2. c. 72Mental Health Act 1959So much of Schedule 5 as relates to the Industrial and Provident Societies Act 1893.9 & 10 Eliz. 2. c. 28Industrial and Provident Societies Act 1961The whole act.
Subsequent developments Section 77(1) of, and schedule 5 to, the act were repealed by section 1 of, and part XI of the schedule to, the Statute Law (Repeals) Act 1974, which came into force on 27 June 1974.
The whole act was repealed by section 154 of, and schedule 7 to, the Co-operative and Community Benefit Societies Act 2014, which came into force on 1 August 2014.
See also Co-operative and Community Benefit Societies Act 2014 Co-operative and Community Benefit Societies Act 2003
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Related acts Industrial and Provident Societies Act 1967 c. 48 Friendly and Industrial and Provident Societies Act 1968 c. 55 Industrial and Provident Societies Act 1975 c. 41 Industrial and Provident Societies Act 1978 c. 34 Industrial and Provident Societies Act 2002 c. 20 Co-operatives and Community Benefit Societies Act 2003 c. 15 Co-operative and Community Benefit Societies and Credit Unions Act 2010
Related secondary legislation The Industrial and Provident Societies (Group Accounts) Regulations 1969 SI 1969/1037 Community Benefit Societies (Restriction on Use of Assets) Regulations 2006 SI 2006/264 The Friendly and Industrial and Provident Societies Act 1968 (Audit Exemption) (Amendment) Order 2006 SI 2006/265 The Mutual Societies (Electronic Communications) Order 2011 SI 2011/593 The Legislative Reform (Industrial and Provident Societies and Credit Unions) Order 2011 SI 2011/2687