Section 76 of the Principal Act is amended -

(a) by deletion of subsection (2), and

(b) by the substitution of the following subsection for subsection (4):

"(4) Subject to subsection (5), on the application of -

(a) in the case of a credit union other than a corporate credit union, 30 members of the credit union, and

(b) in the case of a corporate credit union, one or more members of the credit union holding or together holding not less than 10 per cent of the shares in the credit union,

the Bank may appoint an accountant to inspect and report on the books and documents of the credit union.".