Singapore legislation

Regulation 5

of Co-operative Societies (Requirements for Members of Committee and Officers of Credit Society) Rules 2019

Regulation 5

Requirements for members of committee of management

Subregulation 1

For the purposes of section 60(7) of the Act, an individual is not eligible to be re‑elected as a member of the committee of management of a credit society during an annual general meeting of the credit society, if the individual fails to complete the mandatory induction course before that annual general meeting.

Subregulation 2

For the purposes of section 60(7) of the Act, an individual is not eligible to be co‑opted as a member of the committee of management of a credit society, if the individual is not eligible under paragraph (1) to be re‑elected as a member of the committee of management of a credit society.

Read in full context — Co-operative Societies (Requirements for Members of Committee and Officers of Credit Society) Rules 2019 →