7
CurrentRegisters—Act, s 130
7 Registers—Act, s 130
(1)
For section 130(1) of the Act, the following registers are prescribed—
(a)
a register of loans made to officers and employees of the society;
(b)
a register of loans made to members of the society and of securities taken for the loans;
(c)
a register of investments made by the society and of securities related to the investments;
(d)
a register of the funds raised by the society, the securities issued by the society for the funds raised and the holders of the securities.
(2)
For section 130(2) of the Act, the registers must be kept in accordance with any applicable standards.
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