Creamery Act, 1928

Removal of limit on shareholding.

11.—Notwithstanding anything contained in the Industrial and Provident Societies Act, 1893 or the rules of a society, a member of such society may hold an interest in shares in such society in excess of two hundred pounds, if and so far as such excess is due to his holding shares issued by such society under or in accordance with this Act or under any agreement validated by this Act.