Clause 66

entrance fees which shall not be refundable except in cases where an application for membership has been rejected;

shares subscribed and paid up by members, of which a minimum number prescribed in the by-laws shall only be withdrawable after termination of membership, while shares subscribed in excess of this minimum contribution may be withdrawable and transferable, or either withdrawable or transferable, subject to the provisions of this Act and to any limitation laid down in the by-laws;

in the case of societies which have as their object the promoting of thrift among their members and the creating of a source of credit for their members, subscription capital;

voluntary savings deposits from members which shall be withdrawable subject to conditions laid down in the by-laws;

deposits or loans from non-members subject to such restrictions as are laid down in this Act and in the by-laws;

surplus carried to the reserve fund which shall be indivisible social capital of the society; and

donations made by third persons except that no donations from any foreign source whether offered directly or otherwise, shall be received by a society without the prior approval of the Registrar.