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18.(1) Shares in a registered society may be held by any other body corporate (if that body's regulations so permit) in its corporate name. (2) Where a registered society is a member of another registered society, then, for the purposes of any enactment with respect to the making or signing of any application, instrument or document by members of a registered society, any reference therein to such a member shall, in relation to the first-mentioned society as a member of the second-mentioned society, be construed as a reference to two members of the committee and the secretary of the society.
© 1969 Crown Copyright
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