69.—(1) A society may invest or deposit its funds in such manner as it thinks fit.
[23/2008]
(1A) Despite subsection (1), a credit society must invest or deposit its funds in accordance with any restrictions on investment contained in written directions issued by the Registrar.
[Act 3 of 2018 wef 10/04/2018]
(2) Notwithstanding section 63, any person who exercises any power of investment in relation to the funds of a society pursuant to subsection (1) or (1A) shall, when exercising such power of investment, be subject to the same duty of care imposed on a trustee under section 3A of the Trustees Act (Cap. 337).