Exemption Order under Section 97

Status:

Published in Subsidiary Legislation Supplement
on 10 Sep 2008

No. S 452

Co-operative Societies Act

(Chapter 62)

Exemption Order under Section 97

In exercise of the powers conferred by section 97 of the Co-operative Societies Act, the Minister for Community Development, Youth and Sports hereby exempts the St. Andrew’s Junior College Co-operative Society Limited from section 89(3) of the Act so as to enable the following to be donated to the St. Andrew’s Junior College’s Student Assistance Fund, instead of being transferred to the Co-operative Societies Liquidation Account:

(a)	any moneys remaining after the application of its funds to the purposes specified in section 88 of the Act; and
(b)	any sums unclaimed after 2 years from the date of cancellation of its registration.

Dated this 9th day of September 2008.

NIAM CHIANG MENG

Permanent Secretary,
Ministry of Community
Development, Youth and Sports,
Singapore.

[MCDS 76-13-03 Vol. 5; AG/LEG/SL/62/2005/1 Vol. 1]

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