CO-OPERATIVE CREDIT SOCIETIES ACT 147 



and for the powers to be exercised and the duties to 

 be performed by the committee and other officers ; 

 (k) Prescribe the matters in respect of which a society 

 may or shall make by-laws, and for the procedure to 

 be followed in making, altering, and abrogating 

 by-laws, and the sanction to be required to such 

 making, alteration, or abrogation ; 

 (/) Prescribe the accounts and books to be kept by a 

 society, and provide for the audit of such accounts, 

 and the charges, if any, to be made for such audit, 

 and for the periodical publication of a balance-sheet 

 showing the assets and liabilities of a society ; 

 (m) Provide for the persons by whom, and the form in 

 which, copies of entries in books of societies may be 

 certified ; 

 (n) Provide for the formation and maintenance of a register 

 of members, and, where the liability of the members 

 is limited by shares, of a register of shares ; 

 (0) Provide for the rate at which interest may be paid on 

 deposits, for the formation and maintenance of reserve 

 funds, and the objects to which such funds may be 

 applied, and for the investment of any funds under 

 the control of the society ; 

 (p) Provide that any dispute touching the business of a 

 society between members or past members of the 

 society, or persons claiming through a member or 

 past member, or between a member or past member 

 or persons so claiming, and the committee or any 

 officer, shall be referred to the Registrar for decision, 

 or, if he so directs, to arbitration, and prescribe the 

 mode of appointing an arbitrator or arbitrators, and 

 the procedure to be followed in proceedings before 

 the Registrar or such arbitrator or arbitrators, and 

 the enforcement of the decisions of the Registrar or 

 the awards of arbitrators : 

 (q) Prescribe the conditions to be complied with by a 

 society applying for the financial assistance of 

 Government ; and 

 (y) Determine in what cases an appeal shall lie from the 

 orders of the Registrar, and prescribe the procedure 

 to be followed in presenting and disposing of such 

 appeals. 



(3) The power to make rules conferred by this section is 

 subject to the condition of the rules being made after previous 

 publication. 



(4) All rules made under this section shall be published in 



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