s 28
(1) The transfer or charge of the share or Restrictions interest of a member or past member or deceased on transfer member in the capital of a registered society shall be or charge of share or subject to such conditions as to maximum holding as interest. may be prescribed by or under this Ordinance. (2) In the case of a society registered with unlimited liability, a member shall not transter or charge any share held by him or his interest in the capital of the society or any part thereof, unless— (a) he has held such share or interest for not less than one year; and (b) the transfer or charge is made to the society, or to a member of the society, or to a person whose application for membership has been accepted by the Committee. L.N.332/58 Repeal. P.u(A) 10|7 Added PU(AI! Liability of past member and estate oi deceased member for debts of society. No. 33 OF 1948.