These Rules prescribe that the class of societies specified in the First Schedule are exempted from compliance with rules of the Cooperative Societies Rules as are specified in the first column of the Second Schedule to the extent as specified. Exemptions concern frequency of meetings, dividend of share capital increase and quorum of general meetings. The Secretary of a registered society shall apply the Registrar for amendment of the by-laws according to the exemption granted.
Solomon Islands · 1979-01-01