Credit Unions – Deferred Shares

Closed 27 May 2019

Opened 29 Apr 2019

Feedback Updated 15 Oct 2019

We Asked

We asked for your views on permitting a specific type of shares in credit unions.

You Said

A summary of the comments that were received can be found here.

We Did

The new legislation came into effect on 1 August 2019.

Results Updated 2 Aug 2019



A proposal to make an Order that will permit credit unions to issue deferred shares.

Why We Are Consulting

Required by section 29 Credit Unions Act 1993


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