Co-operative Societies (Amendment) Act (No. 11 of 1992)

Sri Lanka Consolidated Acts

Amendment of section 54 of the principal enactment

26. Section 54 of the principal enactment is hereby amended as follows: "

(1) by the renumbering of that section as subsection (1) thereof ; and

(2) by the addition immediately after the renumbered subsection (1) of the following new subsection: "

	'(2) There shall be established a Fund called the " Co-operative Fund " to which shall be credited all the moneys collected by the liquidator, and such fund shall be operated by the Registrar in accordance with the rules '.