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← Co-operative Societies Act 1993

Co-operative Societies Act 1993 s 76

Co-operative Societies Act 1993 s 76

s 76 Power of the Commission to control liquidation

The Commission may, in respect of a co-operative society referred to in section 74— (a) rescind or vary any order made by a liquidator and make whatever new order is required; (b) remove a liquidator from office; (c) call for all books, documents and assets of the co-operative society; (d) by order in writing limit the powers of a liquidator under section 75; (e) require accounts to be rendered to him by the liquidator; (f) procure the auditing of the liquidator’s accounts and authorize the distribution of the assets of the co-operative society ; and (g) make an order for the remuneration of the liquidator, which remuneration shall he included in the costs of liquidation and shall be payable out of the assets in priority to all other claims.

Read this section in the full act → · Open Part VIII →

Find Act 502 on lom.agc.gov.my ↗

Text as at 1 April 2015 (LOM reprint); amendments made after that date may not be incorporated.

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).

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