2.8.6 Investing in other societies

It is acceptable for one society to invest in another society, subject to the above guidance in this section. But care should be taken to avoid cross-investment of withdrawable share capital, where two or more societies invest in each other, which could artificially bolster the balance sheets of all the societies involved in the arrangement.

If you have any questions or suggestions for new information you would like to find in the Handbook, contact the team by email at [email protected]