Regulation
No. S 451Co-operative Societies Act(Chapter 62)Exemption Order under Section 97In exercise of the powers conferred by section 97 of the Co-operative Societies Act, the Minister for Community Development, Youth and Sports hereby exempts the Koperatif UFUK Singapura Berhad (Singapore UFUK Co-operative Limited) from section 89(3) of the Act so as to enable the following to be donated to MENDAKI-SENSE Pte Ltd, instead of being transferred to the Co-operative Societies Liquidation Account:
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.Dated this 9th day of September 2008.NIAM CHIANG MENGPermanent Secretary, Ministry of Community Development, Youth and Sports, Singapore.[MCDS 76-13-03 Vol. 5; AG/LEG/SL/62/2005/1 Vol. 1]