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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 January 2012 - onwards
Version 5 of 5

14 Computation and application of profits

(1) [deleted]

(2) [deleted]

(3) [deleted]

(4) The dividend payable on any shares of a credit union shall -

(a) on its dissolution, not exceed a rate of 8 per cent per annum or such other rate as may be specified by order made by the Treasury; and

(b) at any other time, not exceed that rate except to the extent that the rules of the credit union provide otherwise.

(5) [deleted]

(6) [deleted]

(7) [deleted]