Singapore legislation
Regulation 5
of Co-operative Societies (Exemption under Section 97) (No. 3) Order 2011
Regulation 5
Exemption from section 43 of Act
Amended byS 963/2024 wef 01/01/2025
Mercatus Co-operative Limited is exempted from the requirement in section 43 of the Act that no member, other than a society, trade union or platform work association, is to hold more than 20% of the share capital of any society.