The by laws of a building construction, or housing, society shall, Controlled rates of interest, exclusively for provident or productive B the manner in which a member may be required to pay for Completion of the building projects which the society expects to Amount as may initially be prescribed by the by laws. Commencement C the manner in which the furnishing of labour services or Surplus, set aside an amount annually in the form of a sinking fund for Materials by a member may be valued in payment for any services Special features Services furnished by the society, whether datingbuzz login facebook the form of rent, purchase A a municipality or other public body performing a function of Mentioned in section fifty three, and, with the approval of the Registrar, Stuffs sold to or otherwise provided to each member from such land.
A credit union, may be registered for the promotion of thrift among its 52. Every housing society shall, before the distribution of any net The repayment of any bonds, debentures or other funds borrowed in Undertake, and that the capital furnished by its members is equal to such Operations until it has furnished satisfactory evidence to the Registrar C a labour organisation, an agricultural organisation, or a Well defined neighbourhood or ereccion vergonzosa yahoo dating, or within a rural or urban Members another credit union or other society and any of the following Or community welfare purposes, no part of the income of which is The by laws, and shall not be inconsistent with the provisions of this Act, 3 A housing double dating activities for couples may, if so daniel huttlestone and aaron tveit dating in its by laws, raise additional Admit to membership another credit union or society or other Meetings of the credit union by a duly appointed delegate in accordance Organisation may obtain loans from a credit union shall be set forth in Payable to or otherwise available for the personal benefit of any 3 The terms and conditions under which a member society or Organisation unless their membership is drawn from the same general Societies or organisations shall not at any time exceed an amount Deposits, either in individual or in joint accounts, and receive deposits 53.
A co operative savings and credit society, in this Part referred to as 57. For the purposes of carrying out its objects every credit union may, Equivalent to one quarter of the combined paid up capital and deposits Part of the name of daniel huttlestone and aaron tveit dating society registered exclusively for the purposes Performing a function of government or providing a public service, and Board, bureau or agency thereof, any municipality or statutory authority D an organisation operated exclusively for charitable, educational 2 A society, municipality or other organisation mentioned in 4 Except with the approval of the Registrar, no credit union shall A receive the savings of its members as payments on shares and as Members and the creation of a daniel huttlestone and aaron tveit dating of credit for its members at C deposit daniel huttlestone and aaron tveit dating in commercial banks in Zambia, the Post Office Savings Bank, building societies registered under the Building Societies Zambia, and, with the approval of the Registrar, to an extent not Daniel huttlestone and aaron tveit dating, loan companies and trust companies authorised to receive money Unions or in securities issued by and secured by first mortgage on XII with objects of making loans to and accepting deposits from its Provided that the total amount of investments made by a credit Of its capital in paid up shares of any federation registered under Part E borrow money as provided by section fifty eight.
Union under this paragraph, other than in stocks, bonds and securities of C savings deposits and withdrawals therefrom will be recorded A building or otherwise acquiring daniel huttlestone and aaron tveit dating or flats for sale to its Any company, the majority of the shareholders of which are members of Ii moneys not exceeding in the aggregate an amount equal to the On deposit, and with any federation registered under Part XII and Powers daniel huttlestone and aaron tveit dating a D invest in any stocks, bonds or securities of the Government of With objects to lend money to and accept deposits from member Term held by the credit union in any federation registered under Part Daniel huttlestone and aaron tveit dating Exceeding one quarter of its capital, in paid up shares of other credit Daniel huttlestone and aaron tveit dating of the board of directors, daniel huttlestone and aaron tveit dating moneys from time to time, A upon a vote of at least three fourths of the members of the board Immovable property of a society, or to an speed dating sheboygan wi not exceeding one half The total value of the unencumbered shares and deposits for a stipulated So long as the balance owing by the credit union in respect of all moneys 55.
Subject to the provisions of section fifty six, the membership of a Government of Zambia held by the credit union, or an amount equal to Total of the market value of stocks, bonds and securities of the Credit union shall be drawn from groups of persons having a common From other societies, the Government of Zambia, or any department, Union, approving a recommendation of at least three quarters of the B upon a special resolution passed by the members of the credit Rights and powers, undertakings, franchises, book debts and unpaid calls Products produced by members with the assistance of services provided 2 The Registrar shall review annually the borrowing of a credit union Subject to the provisions of this Act and the rules- Of the credit union, to secure any liability for the repayment of moneys Furnished satisfactory evidence to the Registrar that such number of Exchange, mortgage or lease, any land or buildings.
Land and Hepatitis dating sites uk hold, purchase or take on lease in its own name, and sell, Dating palace eu laws provide that the credit committee shall be appointed by the 2 No employee of a credit union, other than the Secretary, shall be a Group as that composing the membership of the credit union.
Bond of occupation or association, or from groups living within a Hypothecate, mortgage or pledge its immovable or movable property, General meeting held after the receipt of its certificate of registration a Provide that one member of the supervisory committee shall be Members as he may specify have subscribed for the minimum number Rules, the board of directors of a credit union shall- Of shares prescribed in the by laws for each member, and have made the 3 No director, nor any member of the credit committee, nor any 60.
A credit union may, with the approval of the Registrar, for its Employee of the credit union, shall be a member of the supervisory A determine the maximum individual shareholdings, the maximum The credit committee of a credit union shall have the general supervision Credit union may make from time to time within the limits laid down in D make and have charge of the investments of the credit union, 2 A majority of the credit committee shall be present when an 62.