Malaysia legislation

Section 96

of CO-OPERATIVE SOCIETIES ACT 1993

Section 96

(2)

Subject to subsection (3), societies registered or deemed to be registered under any of the repealed laws shall, not later than two years after the commencement of this Act, amend their by-laws so as to bring them in conformity with the provisions of this Act.

(3)

Subsection (2) shall not apply to any by-law of a registered society made under any of the repealed laws under which individual persons as well as registered societies, or under which different types of registered societies, may become members of such society or

Co-operative Societies which provides that such society shall be a society with unlimited liability, if such by-law was not inconsistent with the provisions of the repealed law under which it was made.