Section 32 of the Principal Act is amended -

(a) in subsection (1), by the substitution of "from a member of the member's intention" for "from a member of his intention",

(b) in subsection (2), by the substitution of "from a member of the member's intention" for "from a member of his intention", and

(c) in subsection (3), by the substitution of the following paragraph for paragraph (a) -

"(a) If a member of a credit union seeks to withdraw savings in the credit union at a time when the member has an outstanding liability (including a contingent liability) to the credit union, whether as borrower, guarantor or otherwise, that withdrawal shall only be permitted -

(i) if the savings are not attached savings, or

(ii) where the savings are attached savings, if the withdrawal of such attached savings is approved by the credit committee or a credit officer.".