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← Societies Act 1966

Societies Act 1966 s 36

s 36 Security for costs and liability of officers

36.—(1) Where a registered society or any of its officers purporting to act on its behalf is claimant in any action or other legal proceeding, the court having jurisdiction in the matter may, if it appears by credible testimony that there is reason to believe that the society or the officer will be unable to pay the costs of the defendant if successful in his defence, require sufficient security to be given for those costs and stay all proceedings until the security is given.[Act 25 of 2021 wef 01/04/2022] (2) Where a society is required to give security for costs under subsection (1) and the amount of the security is not sufficient to pay the costs of the defendant —(a) the officers of the society who approved the institution of the action or legal proceeding; and (b) any person who, on subsequently becoming an officer of the society, does not take any reasonable measure for the purpose of seeking the discontinuance of the action or legal proceeding, shall be jointly and severally liable for any part of the costs awarded against the society which, after deducting the amount of the security, remains unsatisfied after one month from the date the costs became payable. (3) This section shall apply to any action or legal proceeding whether instituted before or after 10 September 1982.

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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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