In exercise of the powers conferred by section 97 of the Co-operative Societies Act, the Minister for Community Development hereby exempts the NTUC Thrift and Loan Co-operative Limited from —
(a)
section 39 (1) (a) (ii) of the Act so as to enable a member of the Singapore Maritime Officers Union or the Singapore Organisation of Seamen who is not a citizen of Singapore or resident in Singapore to qualify for individual membership, subject to the conditions set out in the Schedule; and
(b)
section 39 (1) (b) of the Act so as to enable the Singapore Labour Foundation and the NTUC Club to qualify for institutional membership.
Dated this 14th day of September 1999.
MOSES LEE
Permanent Secretary, Ministry of Community Development, Singapore.