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Building Societies Act 1965

Constitution of building societies - Functions and general powers of building societies

9D: Registration of documents not to constitute constructive notice

You could also call this:

“Registering or filing society documents doesn't mean everyone knows about them”

You should know that just because a building society’s rules or other documents are officially registered, filed, or available for inspection, it doesn’t mean everyone automatically knows about them or understands what’s in them.

For example, if the Registrar has registered or filed some documents about a building society, or if you can look at these documents at the society’s office, it doesn’t mean you’re expected to know everything that’s in them.

This rule is there to protect people who might not have seen or read these documents. It means that no one can say, “Well, you should have known about this because it was registered or available to see.” The law recognises that most people won’t have read these documents, even if they could have.

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Topics:
Money and consumer rights > Banking and loans Housing and property > Buying and selling homes
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"Building societies' actions can't be called wrong just because they weren't allowed to do them"

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"Rules for dealing with a building society"

Part 2 Constitution of building societies
Functions and general powers of building societies

9DRegistration of documents not to constitute constructive notice

  1. No person is affected by or is deemed to have notice or knowledge of the rules of a society or any other documents or the contents thereof by reason only that the rules or other documents are—

  2. pursuant to this Act—
    1. registered by the Registrar; or
      1. filed or lodged with the Registrar; or
        2. available for inspection at an office of the society.

          Notes
          • Section 9D: inserted (with effect on 1 January 1966, but not applying to or affecting any proceedings instituted or commenced before 1 September 1987), on , by section 4(1) of the Building Societies Amendment Act 1987 (1987 No 175).
          • Section 9D(a)(iii): repealed, on , by section 7 of the Building Societies Amendment Act 2007 (2007 No 43).
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