Regulation 1
Citation and commencement
This Order may be cited as the Co-operative Societies (Exemption under Section 97) (No. 4) Order 2013 and shall come into operation on 27th December 2013.
/akn/sg/act/sub_leg/1979/CSA-S794-2013
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Co-operative Societies (Exemption under Section 97) (No. 4) Order 2013 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CSA-S794-2013 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. 4) Order 2013 and shall come into operation on 27th December 2013.
Exemption from section 89(3) of Act
ITE 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 the ITE Endowment Fund, instead of being transferred to the Co-operative Societies Liquidation Account.