Singapore legislation

Clause 11

of Co-operative Societies (Amendment) Bill

Clause 11

Amendment of section 66

In the principal Act, in section 66 —

(a)

renumber subsection (1) as section 66;

(b)

after paragraph (d), insert —“(da)bonds or debentures issued by the society subject to such restrictions as are laid down in this Act and in the by‑laws;”; and

(c)

delete subsection (2).