69. Investment of funds

Terms defined in s 2

• credit society

  credit society

  Defined · s 2

  “credit society” means a society which is registered as a credit society;

  Open s 2
• deposit

  deposit

  Defined · s 2

  “deposit” means money received on current or deposit account and includes subscription capital, but does not include —(a)a deposit that is paid pursuant to a hire-purchase agreement, or that is referable to the provision of services or to the giving of security; and(b)such other deposit as may be prescribed;

  Open s 2
• Registrar

  Registrar

  Defined · s 2

  “Registrar” means the Registrar of Co‑operative Societies appointed under section 3(1), and includes a Deputy Registrar, an Assistant Registrar, or a public officer appointed under section 3(1), exercising such function, duty or power of the Registrar as is delegated to the Deputy Registrar, Assistant Registrar or public officer (as the case may be) under section 3(2);

  Open s 2
• society

  society

  Defined · s 2

  “society” means a co-operative society registered under this Act and includes a primary society, a secondary society and an apex organisation;

  Open s 2