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Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012

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Type
Subsidiary Legislation
Status
In force
Enacted
1979
Sections
2

Quick answer

About this subsidiary legislation

Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CSA-S329-2012 1979, currently marked in force and first recorded in 1979.

Regulation 1

Citation and commencement

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This Order may be cited as the Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 and shall come into operation on 13th July 2012.

Regulation 2

Exemption

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Amended byS 963/2024 wef 01/01/2025S 963/2024 wef 01/01/2025S 963/2024 wef 01/01/2025S 963/2024 wef 31/12/2021S 963/2024 wef 01/01/2025

Subregulation 1

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Amended byS 963/2024 wef 01/01/2025S 963/2024 wef 01/01/2025S 963/2024 wef 01/01/2025

NTUC Enterprise Co-operative Limited (formerly known as NTUC Social Capital Co-operative Limited) (called in this Order the NEC) is exempted from —

(a)

the requirement in section 39(2) of the Act that membership in any secondary society is to be restricted to registered co-operative societies, trade unions and platform work associations; and

(b)

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.

Subregulation 2

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Amended byS 963/2024 wef 31/12/2021S 963/2024 wef 01/01/2025

The exemption in sub-paragraph (1) shall apply for the purpose of enabling the Singapore Labour Foundation established under the Singapore Labour Foundation Act 1977 to join the NEC as a member and to hold more than 20% of the share capital of the NEC, notwithstanding that the Singapore Labour Foundation is not a registered co-operative society, trade union or platform work association.

Common questions

What is Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012?
Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CSA-S329-2012 1979, currently marked in force and first recorded in 1979.
Is Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 still in force?
Yes — Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 is currently in force.
When did Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 take effect?
Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 was first recorded in 1979.
How many regulations does Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 have?
Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 contains 2 regulations.
Where can I read the official version of Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012?
The official text of Co-operative Societies (Exemption under Section 97) (No. 3) Order 2012 is published at sso.agc.gov.sg.