Friendly Societies Act, 1956 (Act No. 25 of 1956)

Chapter VII : General and Miscellaneous

43A. Authority may impose limit on expenses of management and prescribe basis for calculation thereof
Purchase cart Previous page Return to chapter overview Next page

[Section 43A heading substituted by section 290, item 9 of Schedule 4, of Notice No. 853 of 2017 - effective 1 April 2018 (paragraph (h) of Notice 169 of 2018)]

 

The Authority may from time to time impose a limit on the expenses of management which a registered society may incur during any financial year, and may from time to time prescribe the basis on which expenses of management shall during any financial year be calculated for that purpose.

 

[Section 43A inserted by section 30 of Act No. 101 of 1976]