(1) The Supervisory Committee of a credit union shall have the general duty of overseeing the performance of their duties by the officers of the credit union.
(2) Without prejudice to the generality of subsection (1) of this section, the Supervisory Committee of a credit union shall -
(a) make or cause to be made not less than twice in the period before the next annual general meeting an examination of the books, papers, records and accounts of the credit union and such examination shall include an inspection of securities, cash accounts and all documents and records relating to loans,
(b) make or cause to be made once in the period before the next annual general meeting a comparison of the passbook or other document or statement of account of every member with the appropriate records of the credit union,
(c) ascertain whether or not all actions and decisions of the officers, relating to the affairs of the credit union, are in accordance with law and with the rules of the credit u