Credit Union (Amendment) Act 2023

Disapplication of certain provisions to corporate credit unions

66. The Principal Act is amended by the insertion of the following section after section 189:

“190. The following provisions shall not apply in respect of a corporate credit union:

(a) section 17(1);

(b) sections 21 to 25;

(c) section 53(10)(a) and (c);

(d) section 65;

(e) section 66;

(f) section 67;

(g) section 68;

(h) Part IVA;

(i) section 81(5);

(j) section 97(1)(a)(i);

(k) section 128;

(l) Part VIII.”.