Regulation 1
Citation and commencement
This Order may be cited as the Co‑operative Societies (Exemption under Section 97) (No. 3) Order 2013 and shall come into operation on 24th December 2013.
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Co-operative Societies (Exemption under Section 97) (No. 3) Order 2013 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CSA-S786-2013 1979, currently marked in force and first recorded in 1979.
Citation and commencement
This Order may be cited as the Co‑operative Societies (Exemption under Section 97) (No. 3) Order 2013 and shall come into operation on 24th December 2013.
Exemption from section 89(3) of Act
Theresian Co‑operative Society Ltd shall be exempt from section 89(3) of the Act, in so far as —
any moneys remaining after the application of its funds to the purposes specified in section 88 of the Act; and
any sums unclaimed after 2 years from the date of cancellation of its registration,shall be donated to CHIJ St. Theresa’s Convent, instead of being transferred to the Co‑operative Societies Liquidation Account.
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