Singapore legislation

Clause 24

of Co-operative Societies (Amendment) Bill

Clause 24

Amendment of section 39

Section 39 of the principal Act is amended —

(a)

by deleting paragraphs (a) and (b) of subsection (1) and substituting the following paragraphs:“(a)in the case of an individual, that the individual —

(i)

has attained 16 years of age or, if the society is a school co‑operative, has attained 12 years of age;

(ii)

is a citizen of Singapore or is resident in Singapore; and

(iii)

meets such other requirements with regard to residence, employment, profession and other matters as are prescribed by the by‑laws of the society; and

(b)

in the case of an institution, that it is a society or is a trade union.”; and

(b)

by deleting the word “from” in subsection (3C) and substituting the words “on or after”.