Rules and membership

6 Minimum and maximum number of members.

1

The minimum number of members of a credit union shall be twenty-one F2....

F31A

Accordingly, references in the following provisions to 3 members are to be read as 21 members—

a

section 3(1)(a)(i) of the 2014 Act as it applies to an application for registration as a credit union;

b

section 5(3)(b) of that Act as it applies to the cancellation of a credit union's registration;

c

section 115(2) as it applies to the conversion of a company into a credit union.

F12

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F13

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F14

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F15

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F16

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