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In forceAs enacted

Subsidiary Legislation

Co-operative Societies (Exemption under Section 97) (No. 3) Order 2013

The text

reg 1Citation 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.

reg 2Exemption 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 —

(a)

any moneys remaining after the application of its funds to the purposes specified in section 88 of the Act; and

(b)

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.