In this Act—

• F15 “ the 2014 Act ” means the Co-operative and Community Benefit Societies Act 2014;

• F1. . .

• F10“body corporate” includes a partnership regarded as a legal person under the law of the country or territory in which it was established;

• “charitable", in the application of this Act to Scotland, shall be construed in the same way as in the Income Tax Acts;

• F8 “ civil partner ” includes former civil partner F9 and reputed civil partner ;

• F23“conditional sale agreement” means an agreement for the sale of goods under which—

  1. a

     the purchase price or part of it is payable by instalments, and

  2. b

     the property in the goods is to remain with the seller (notwithstanding that the buyer is to be in possession of the goods) until such conditions as to the payment of instalments or otherwise as may be specified in the agreement are fulfilled;

• F11“corporate member”, in relation to a credit union, has the meaning assigned to it by section 5A above;

• “credit union”, except in the expression “Northern Ireland credit union", means a society registered under F16 the 2014 Act by virtue of section 1 above;

• F23“enactment” includes—

  1. a

     an enactment contained in subordinate legislation within the meaning of the Interpretation Act 1978;

  2. b

     an enactment contained in, or in an instrument made under, an Act of the Scottish Parliament;

  3. c

     an enactment contained in, or in an instrument made under, Northern Ireland legislation within the meaning of the Interpretation Act 1978;

  4. d

     an enactment contained in, or in an instrument made under, a Measure or Act of the National Assembly for Wales;

• F23“hire purchase agreement” means an agreement—

  1. a

     which is not a conditional sale agreement,

  2. b

     under which goods are bailed or (in Scotland) hired to a person (“P”) in return for periodical payments by P, and

  3. c

     the property in the goods will pass to P if the terms of the agreement are complied with and one or more of the following occurs—

     1. i

        the exercise by P of an option to purchase the goods;

     2. ii

        the doing by any party to the agreement of any other act specified in the agreement;

     3. iii

        the happening of any event specified in the agreement;

• F13“interest-bearing share” has the meaning assigned to it by section 7A(6) above;

• “the 1965 Act” means the Industrial and Provident Societies Act 1965;

• “non-qualifying member”, in relation to a credit union, has the meaning assigned to it by sections 5(5) and 21(4) above;

• F14...

• F12“partnership” means a partnership not regarded as a legal person under the law of the country or territory in which it was established;

• “relative”, in relation to any person, means any of the following—

  1. a

     his spouse F6 or civil partner ;

  2. b

     any lineal ancestor, lineal descendant, brother, sister, aunt, uncle, nephew, niece or first cousin of his or his spouse F6 or civil partner; and

  3. c

     the spouse F6 or civil partner of any relative within paragraph (b) above;

  and for the purpose of deducing any such relationship an illegitimate child or step-child shall be treated as F7 the legitimate child of the relationship in question ;

• “spouse” includes former spouse and reputed spouse; and

• F2. . .

F17 Sections 141, 143 to 146, 148 and 149 of the 2014 Act (supplementary provisions as to recovery of costs, fees, regulations, documents F4. . . and general interpretation provisions) shall apply for the purposes of this Act as they apply for the purposes of that Act.

In its application to credit unions F18 the 2014 Act shall have effect subject to the provisions of this Act and with the omission of the following provisions (which are replaced by, or are inconsistent with, provisions of this Act), that is to say F19 sections 22, 24, 26, 27, 32, 33 and 34 and paragraph 6 of Schedule 3.