Singapore legislation
Regulation 2
of Co-operative Societies (Exemption under Section 97) (No. 4) Order 2011
Regulation 2
Exemption
TCC Credit Co-operative 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.