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← Co-operative Societies Act 1979

Co-operative Societies Act 1979 s 18

s 18 Register of members and shares

18.—(1) Every society must maintain a register of members, and where a society issues shares to its members, a register of shares held by each member. (2) Where a society issues permanent shares to its institutional members, the number of permanent shares held by each institutional member must be recorded in the society’s register of shares.[3/2018] (3) The register of members and shares is prima facie evidence of any of the following particulars entered in the register:(a) the date on which the name of any person was entered in the register as a member; (b) the date on which any such person ceased to be a member; and (c) the number of shares held by a member.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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