| Short Title: | Building Societies Act 1874 |
| Type: | Act |
| Parliament: | Parliament of the United Kingdom |
| Long Title: | An Act to consolidate and amend the Laws relating to Building Societies. |
| Year: | 1874 |
| Citation: | 37 & 38 Vict. c. 42 |
| Territorial Extent: | United Kingdom |
| Royal Assent: | 30 July 1874 |
| Commencement: | 2 November 1874 |
| Amends: | See |
| Replaces: | See |
| Related Legislation: | Building Societies Act 1894 |
| Status: | Amended |
| Original Text: | https://books.google.co.uk/books?id=6PUuAAAAIAAJ&pg=PA231 |
| Millbankhansard: | https://hansard.parliament.uk/search?startDate=1874-01-01&endDate=1875-01-01&searchTerm=%22Building%20Societies%22&partial=False&sortOrder=1 |
| Legislation History: | https://hansard.parliament.uk/search?startDate=1874-01-01&endDate=1875-01-01&searchTerm=%22Building%20Societies%22&partial=False&sortOrder=1 |
The Building Societies Act 1874 (37 & 38 Vict. c. 42) was an act of the Parliament of the United Kingdom that consolidated and amended statutes relating to building societies.
Leave to bring in the Building Societies Bill to the House of Commons was granted to William McCullagh Torrens, Spencer Horatio Walpole, Edward Temperley Gourley, Sir Gabriel Goldney, Joseph Dodds and Sir Charles Russell, 3rd Baronet on 30 March 1874.[1] The bill had its first reading in the House of Commons on X, presented by . The bill had its second reading in the House of Commons on 28 March 1874 and was committed to a select committee, which reported on 15 May 1874, with amendments. The amended bill was re-committed to a committee of the whole house, which met and reported on 4 June 1874, with amendments. The amended bill was re-committed to a committee of the whole house, which met on 10 June 1874 and 11 June 1874 and reported on 16 June 1874, with amendments. The amended bill had its third reading in the House of Commons on 20 June 1874 and passed, without amendments.
The bill had its first reading in the House of Lords on 22 June 1874.[2] The bill had its second reading in the House of Lords on 6 July 1874 and was committed to a committee of the whole house, which met on 9 July and 16 July 1874 and reported on 16 July 1874, with amendments. The amended bill had its third reading in the House of Lords on 17 July 1874 and passed, with amendments.
The amended bill was considered and agreed to by the House of Commons on 22 July 1874.
The bill was granted royal assent on 30 July 1874.
Section 7 of the act repealed the Benefit Building Societies Act 1836 (6 & 7 Will. 3. c. 32), but provided that this would not affect any societies incorporated or acts done under that act before repeal.[3]
Section 8 of the act provided that every society incorporated under the Benefit Building Societies Act 1836 (6 & 7 Will. 3. c. 32) may be able to obtain a certificate of incorporation under the act, unless otherwise provided.
The act was described as a Consolidation Act.[4]
Paragraphs 2 and 4 of section 16 and parts of section 43 of the act were repealed by the Building Societies Act 1894 (57 & 58 Vict. c. 47).