Malaysia legislation

Section 76

of CO-OPERATIVE SOCIETIES ACT 1993

Section 76

The Registrar-General may, in respect of a society referred to in section 74-

(a)

rescind or vary any order made by a liquidator and make whatever new order is required;

(b)

remove a liquidator from office;

(c)

call for all books, documents and assets of the society;

(d)

by order in writing limit the powers of a liquidator under section 75;

(e)

require accounts to be rendered to him by the liquidator;

(f)

procure the auditing of the liquidator's accounts and authorise the distribution of the assets of the society; and

(g)

make an order for the remuneration of the liquidator, which remuneration shall be included in the costs of liquidation and shall be payable out of the assets in priority to all other claims.

Section 76 — AKTA KOPERASI 1993 | mylaw.my