Section 90 - Co-operative Housing Societies Act 1958 - Taking money before registration | Zoe

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Co-operative Housing Societies Act 1958

90Taking money before registration

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90 Taking money before registration

If before a society is registered any person takes any money in consideration of the allotment of any share or interest in the society, he shall be guilty of an offence and liable to a penalty of not more than $100.

No. 6138 s. 91.