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GAZETTE
SEPTEMBER 1'
by the Central Bank (in addition to
the statutory requirements under the
1971 Act) when deciding whether or
not to grant a banking licence, which
criteria are required for sound
banking practice and are reasonable.
As those members of the general
public who placed money on deposit
with the Societies were thus at risk
the legislative intervention was in the
common good and not invalid.
2. The law impugned does not interfere
with the right of association, merely
regulating the activities in which the
Society sought to engage.
Private Motorists Provident Society
Limited and Joseph Moore
v.
The
Attorney General- Supreme Court (per
O'Higgins C.J. Nem. Diss.) 6May, 1983
—Unreported.
Peter Byrne
Edited by Gary Byrne
Copies of judgments in the above cases are
available to members on request from the
Society's Library.