Regulation 1
Citation and commencement
This Order may be cited as the Co-operative Societies (Exemption under Section 97) Order 2012 and shall come into operation on 17th February 2012.
/akn/sg/act/sub_leg/1979/CSA-S64-2012
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Co-operative Societies (Exemption under Section 97) Order 2012 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CSA-S64-2012 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) Order 2012 and shall come into operation on 17th February 2012.
Exemption
Singapore Mercantile Co-operative Society Limited is exempted from the requirement in section 39(3A) of the Act that membership of individuals in a credit society is to be restricted to individuals who belong to a field of membership consisting of a pre-existing common bond of association or community of interest among the members thereof.