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Co-operatives National Regulations
29Transfer and transmission of CCUs
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29 Transfer and transmission of CCUs
29 Transfer and transmission of CCUs
(1) Subject to subrule (2), the transfer and transmission of a CCU is to follow the same process as for a debenture under rule 27.
(2) If the terms of issue of a CCU differ from rule 27 in respect of the manner of transfer or transmission, the terms of its issue prevail.