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Co-operative Housing and Starr-Bowkett Societies Act 1998
124Financial year of Starr-Bowkett society
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#### 124 Financial year of Starr-Bowkett society
124 Financial year of Starr-Bowkett society
> > (1) The financial year of a Starr-Bowkett society is the period ending on such day in each calendar year as is provided for by the rules of the society.
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> > (2) The first financial year of a Starr-Bowkett society can extend from the date of its registration to a date not later than eighteen months from the date of its registration.
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> > (3) On an alteration of the rules of a Starr-Bowkett society altering its financial year, the alteration may provide either that the financial year current at the date of alteration is to be extended for a period not exceeding 6 months or that the financial year next following the financial year that is so current is to be a period exceeding 12 months but not exceeding 18 months.