Credit Union Act, 1997
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Restriction on dissolution or cancellation of registration. |
136.—(1) Until a certificate under this section has been lodged with the Registrar— | |
(a) a credit union shall not be dissolved in accordance with section 135 (6); and | ||
(b) the Registrar shall not cancel the registration of a credit union under section 97 (2)(a). | ||
(2) A certificate under this section is one which— | ||
(a) is signed by the secretary or other officer of the credit union approved by the Registrar; and | ||
(b) certifies that all property vested in the credit union has been duly conveyed or transferred to the persons entitled. |