Section 29 of the Principal Act is amended -

(a) in subsection (1), by the substitution of the following paragraph for paragraph (b):

"(b) if the credit union so requires in any case, the transfer has the approval of the credit union.",

(b) by the substitution of the following subsection for subsection (3):

"(3) If, in a case where the credit union has imposed a requirement under subsection (1)(b), the credit union refuses to approve the proposed transfer of shares in the credit union by a member, the member may appeal against the refusal to a Judge of the District Court for the district in which the registered office of the credit union is situated.",

and

(c) in subsection (4), by the substitution of "credit union" for "board of directors".