s.36Allocation to education or charity
36
Section 36Part 4 — Property and Funds of Registered Societies

Allocation to education or charity

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Any registered society may, after the allocation to the reserve fund has been made in accordance with section 35, contribute an amount not exceeding ten per cent of the remaining net balance to any educational or charitable purpose.

Cross References

  • Section 35 of Cooperative Societies Actexternal

    Allocation to reserve fund