Skip to content
In forceAmended2020 Revised Edition

Part 4 · Rights and Liabilities of Members

42A. Statement of account

Feedback & support
Amended

Last amended by an amending law of 2018.

(1)

Every credit society must provide to each member of the society, within 6 months after the close of each financial year, a statement of account (in hard copy form or in electronic form, as the society may determine) containing particulars of each financial transaction between that member and the society in that financial year.

(2)

In addition, a credit society must, within the prescribed period after receiving a member’s request, provide to the member a statement of account (in hard copy form or in electronic form, as the society may determine) containing particulars of each financial transaction between that member and the society in the 6 months preceding the date of receipt of the member’s request.

Report

Part 5

Organisation and Management of Societies

Part 6

Property and Funds of Societies

Part 7

Amalgamation and Transfer

Part 8

Duties and Powers of Registrar

Part 9

Miscellaneous

Schedules