Section 17 of the Principal Act is amended -

(a) in subsection (1), by the substitution of "Subject to subsection (1A), the minimum number" for "The minimum number",

(b) by the insertion of the following subsection after subsection (1):

"(1A) The minimum number of members of a corporate credit union at any time shall be 2.",

(c) in subsection (2), by the substitution of "Subject to subsection (2A), membership of a credit union" for "Membership of a credit union",

(d) by the insertion of the following subsection after subsection (2):

"(2A) Where a signatory to an application to register a society as a credit union has signed on behalf of a non-natural person, the non-natural person and not the signatory shall be the member of the credit union.",

(e) in subsection (3), by the substitution of "unless the person has" for "unless he has",

(f) in subsection (3A), by the substitution of "Subject to subsection (3B) and the rules of the credit union concerned" for "Subject to the rules of the credit union concerned",