Regulation 1
Citation and commencement
This Order may be cited as the Co‑operative Societies (Exemption under Section 97) Order 2015 and comes into operation on 16 November 2015.
/akn/sg/act/sub_leg/1979/CSA-S704-2015
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Co-operative Societies (Exemption under Section 97) Order 2015 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CSA-S704-2015 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 2015 and comes into operation on 16 November 2015.
Exemption from section 89(3) of Act
ExxonMobil Employees’ Co‑operative Limited is exempt from section 89(3) of the Act, insofar as —
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,are to be donated to the Children’s Cancer Foundation, instead of being transferred to the Co‑operative Societies Liquidation Account.