355
CurrentRetention of surplus for benefit of co-operative
Chapter 3Management and operation of co-operatives
Part 3.4Funds and property
Division 3Disposal of surplus from activities
355 Retention of surplus for benefit of co-operative
The board of a co-operative may resolve to retain all or part of the surplus arising in a year from the business of the co-operative to be applied for the benefit of the co-operative.
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