My bookmarksSign up free
← Co-operative Short title

Co-operative Short title s 16

Co-operative Short title s 16

This legislation has been repealed. Do not cite it as law in force.

Text recovered by OCR from a scanned copy — section numbers and wording may be wrong. Check the official PDF on lom.agc.gov.my before citing.

s 16

Subject to the provisions of section 15 of this Ordinance, the share or interest of a member in the capital of a registered society shall not be liable to attachment or sale under any decree or order of a court in respect of any debt or liability incurred by such member, and neither his assignee in insolvency nor a receiver duly appointed shall be entitled to, or have any claim on, such share or interest. the case of tered charge payable to a mber or past : on all crops felied timber ine produce, I), live stock, zi and fishing lery, boats, als, stock-inice of labour with producproduced in i whether in y the society: in contained ny bona fide out notice; es payable to Tany member rent, shares, I any other such society is interest in le society. ien upon the Le deposits of iber and upon , a member or ed member in y from such ay set-off any past member ards payment on 15 of this ember in the ; be liable to order of a " incurred by in insolvency ntitled to, or st. CO-OPERATIVE SOCIETIES.

Read this section in the full act →

Find Act 287 on lom.agc.gov.my ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

What to look at next