Regulation 1
Citation
These Rules are the Co-operative Societies (Prescribed Rate of Contribution under Section 71(2)(b)) Rules 2026.
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Co-operative Societies(Prescribed Rate of Contributionunder Section 71(2)(b)) Rules 2026 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation S368 2026, currently marked in force and first recorded in 2026.
Citation
These Rules are the Co-operative Societies (Prescribed Rate of Contribution under Section 71(2)(b)) Rules 2026.
Prescribed rate of contribution under section 71(2)(b) of Act
The rate of 15% is prescribed in substitution of 20% for the contribution payable under section 71(2)(b) of the Act by a society in respect of any surplus resulting from its operations during any financial year ending on or after 31 December 2025.
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