Financial Intermediaries Act 1996
sec.76Rules
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sec.76 Rules
A society’s rules must provide for the matters stated in a standard made for this subsection. A society’s rules may also provide for any matter that is necessary, expedient or desirable for the society’s purposes. If there is an inconsistency between a society’s rule and this Act or a standard, this Act or the standard prevails and the rule is invalid to the extent of the inconsistency. (sec.76-ssec.1) A society’s rules must provide for the matters stated in a standard made for this subsection. (sec.76-ssec.2) A society’s rules may also provide for any matter that is necessary, expedient or desirable for the society’s purposes. (sec.76-ssec.3) If there is an inconsistency between a society’s rule and this Act or a standard, this Act or the standard prevails and the rule is invalid to the extent of the inconsistency.