However, an IPS with withdrawable share capital is not allowed to carry on a banking business, presumably because a withdrawable share capital would make it impractical to ensure capital adequacy requirements are continuously met.
12.
However, an IPS with withdrawable share capital is not allowed to carry on a banking business, presumably because a withdrawable share capital would make it impractical to ensure capital adequacy requirements are continuously met.
13.
Fort " Southern Division " ( Russian Island ) built 882 linear meters of concrete lines of fire for shooters 18 barbettes for withdrawable guns, four coffer to flank the ditches ( another double trunk on the fort number 9 was prepared by half ).
14.
Earlier that year, the UK Treasury, which is the department responsible for legislation for societies, published a series of proposals to increase the holding limit for withdrawable share capital in societies to at least ?1, 000, to apply insolvency rescue procedures to societies, and to change the rules applicable to their registers of members.
15.
In the forts and strongholds " North Division " was equipped with a 2641-meter concrete lines of fire for shooters 24 Barbette for withdrawable guns, built 21 trunk and caponier for defense ditches and barbed wire ( another trunk on Fort number 6 was prepared by two-thirds ), as well as four half-caponiers.
16.
Since 2006, the FSA has been willing, in principle, to permit societies to have non-user investor members providing certain conditions are met and this, in combination with the removal of the ?00, 000 holding limit for non-withdrawable shares, may open up wider possibilities for co-operatives to raise finance from investors while maintaining user control.