Singapore legislation

Section 59B

of Co-operative Societies Act 1979

Section 59B

Officers to be appointed for prescribed societies

Amended by3/20183/2018

(1)

The Rules may require a society or a class of societies —

(a)

to appoint a chief executive officer (whether called general manager or otherwise);

(b)

to appoint a chief operating officer;

(c)

to appoint a chief financial officer, or to engage, for the purposes of discharging the functions of a chief financial officer, a person who is chosen by the society and approved by the Registrar in writing; and

(d)

to appoint a chief investment officer.

Amended by3/2018

(2)

The Rules may prescribe the requirements (such as qualifications, training and experience) for appointment to an office in subsection (1)(a), (b), (c) or (d), including different requirements for appointment by different societies and different classes of societies.

Amended by3/2018
Section 59B — Co-operative Societies Act 1979 | laws.sg