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CO-OPERATIVE HOUSING SOCIETIES ACT 1958 - SECT 45 Model rules

CO-OPERATIVE HOUSING SOCIETIES ACT 1958 - SECT 45

Model rules

    (1)     Model rules for a society shall be prescribed by regulation.

    (2)     A society which is to be registered under this Act, or which is registered thereunder, may adopt as its rules all or any of the model rules.

    (3)     Where a society is formed under this Act, in so far as any rules tendered for registration are not inconsistent with or do not exclude or modify the model rules as then in force, such model rules shall be deemed to form part of the rules of the society in the same manner and to the same extent as if they were contained in the rules tendered and registered.

    (4)     No alteration of the model rules shall apply to any society which is established before the regulation prescribing the alteration comes into operation, unless the society by special resolution adopts the alteration in its rules.

No. 6138 s. 46.