Singapore legislation
Clause 95
Clause 95
Power of Minister to make rules
(1)
The Minister may make rules for the purpose of carrying out and giving effect to the provisions of this Act.
(2)
In particular, but without prejudice to the generality of the power conferred under subsection (1), such rules may —
(a)
provide for the administration and use of the Central Co-operative Fund and of the Co-operative Societies Liquidation Fund; and
(b)
prescribe the maximum rate of dividend on share capital or subscription capital which may be paid by societies.