Credit Unions (Forms) Regulations
[28 February 1970]
(Format changes—E.R. 2 of 2021)
These regulations may be cited as the Credit Unions (Forms) Regulations.
The memorandum of association required under subsection (2) of section 4 of the Ordinance shall be in Form 1 in the Schedule.
The certificate of registration issued under subsection (3) of section 5 of the Ordinance shall be in Form 2 in the Schedule.
(Chapter 119)MEMORANDUM OF ASSOCIATION
(Section 4)
| 1. The undersigned hereby apply for the registration of a Credit Union under the provisions of the Credit Unions Ordinance. | ||||||||||||||||||||||||||||||||
| 2. The membership of the Credit Union shall be limited to [describe the common bond of membership] | ||||||||||||||||||||||||||||||||
| 3. | The corporate name of the Credit Union is to be | |||||||||||||||||||||||||||||||
| 4. The capital of the Credit Union shall be unlimited in amount and shall be divided into shares of a value of five dollars each. | ||||||||||||||||||||||||||||||||
| 5. The by-laws attached to this memorandum of association shall be the by-laws of the Credit Union. | ||||||||||||||||||||||||||||||||
| 6. The provisional secretary of the Credit Union shall be | ||||||||||||||||||||||||||||||||
| 7. The names and addresses of the undersigned, the number of shares for which each has subscribed, and the relationship of each to the common bond of membership, are as follows— | ||||||||||||||||||||||||||||||||
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Dated this day of 19 .
WE were personally present and saw each of the persons whose name appears as a subscriber to this memorandum and the duplicate thereof sign his name thereto.
| First witness— | Second witness— |
| Name | Name |
| Address | Address |
| Signature | Signature |
| . |
| Registrar of Credit Unions |
(Chapter 119)CERTIFICATE OF REGISTRATION
(Section 5(3))
The Credit Union, having filed a duly executed Memorandum of Association, is registered under the Credit Unions Ordinance, with effect from the date hereof.
Dated this day of 19 .
| . |
| Registrar of Credit Unions |