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Submission of returns and information.
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70.—(1) Every society shall submit an annual return to the Registrar within 21 days after the date of the annual general meeting in such form as he shall direct and shall submit such other information and returns within such period as the Minister or the Registrar may require from time to time.
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(2) The annual return shall be signed by two directors and by the secretary or another officer of the society.
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(3) The Registrar may at his discretion, on application being made to him in writing, fix a period other than the period referred to in subsection (1) for the submission of the annual return in relation to a society or a particular class or classes of society or all societies.
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(4) The auditor of a society shall make a report on the annual return, and a copy of his report shall be attached to the return sent to the Registrar under this section.
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(5) The auditor's report on the annual return shall include the following—
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(a) whether in his opinion the annual return is properly drawn up in accordance with the requirements of this Act and any regulations under this Act,
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(b) whether the return gives a true and fair view of the matters dealt with in it, and
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(c) whether the return is in agreement with the accounts and records of the society.
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(6) Every member of a society and every depositor with a society shall be furnished on demand with a copy of the most recently available annual return (including the auditor's report thereon) on payment of such fee as may be fixed by the Registrar for this purpose.
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(7) Every society shall submit to the Registrar together with the annual return required under subsection (1) a return with respect to—
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(a) every property which has, during the financial year to which the return relates, been sold by the society in the exercise of its powers as mortgagee, and
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(b) every mortgage which has been transferred by the society during that financial year.
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(8) A person who has effected a mortgage in favour of a society, and any person to whom have passed (whether by operation of law or otherwise) any of the rights or liabilities under such a mortgage of the person who effected it, shall be entitled to be furnished by the society with a copy of so much of any return made under subsection (7) as related to that mortgage.
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