Regulation 1
Citation and commencement
This Order may be cited as the Co-operative Societies (Exemption under Section 97) (No. 4) Order 2010 and shall come into operation on 2nd July 2010.
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Co-operative Societies (Exemption under Section 97) (No. 4) Order 2010 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CSA-S368-2010 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. 4) Order 2010 and shall come into operation on 2nd July 2010.
Exemption
Subject to sub-paragraph (2), the following societies are exempted from section 61(1) of the Act, insofar as it relates to the committee of management directing and supervising the business and property of the society:
Singapore Police Co-operative Society Limited;
Phoenix Co-operative Society Limited.
The societies referred to in sub-paragraph (1) shall provide in the by-laws that the business and property of the society shall be under the direction and supervision of the president of the society.
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