Section 37Part 4 — Property and Funds of Registered Societies
Disposal of surplus moneys
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Subject to sections 35 and 36 the net balance at the end of each year together with any sum available for distribution from previous years may be distributed as may be prescribed by the rules.
Cross References
- Section 35 of Cooperative Societies Actexternal
Subject to reserve fund allocation
- Section 36 of Cooperative Societies Actexternal
Subject to education/charity allocation