Singapore legislation

Clause 18

of Co-operative Societies Bill

Clause 18

Register of members and shares

(1)

Every society shall maintain a register of members, and where a society issues shares to its members, a register of shares held by each member.

(2)

The register of members and shares shall be prima facie evidence of any of the following particulars entered therein: —

(a)

the date on which the name of any person was entered in such register as a member;

(b)

the date on which any such person ceased to be a member; and

(c)

the number of shares held by a member.

Clause 18 — Co-operative Societies Bill | laws.sg