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CO-OPERATIVE HOUSING SOCIETIES ACT 1958 - SECT 33A Society may act as trustee or agent

CO-OPERATIVE HOUSING SOCIETIES ACT 1958 - SECT 33A

Society may act as trustee or agent

S. 33A(1) amended by No. 48/1992 s. 104(b).

    (1)     A society may act as trustee or agent for an approved housing finance provider for such purposes connected with mortgages of freehold land and on such terms and conditions as are approved from time to time by the registrar.

S. 33A(2) amended by No. 48/1992 s. 104(b).

    (2)     The registrar may declare a body corporate to be an approved housing finance provider for the purposes of subsection (1).

S. 33A(3) amended by No. 48/1992 s. 104(b).

    (3)     The registrar may revoke a declaration made under subsection (2).

No. 6138 s. 34.