The Principal Act is amended by the insertion of the following Schedule after the Fifth Schedule:

"Sixth Schedule Matters to be provided for in rules of corporate credit union

Section 13

1. The name of the credit union, which shall comply with section 10.

2. The place which is to be the registered office of the credit union to which all communications and notices to the credit union may be addressed.

3. The qualifications required for, and the terms of, admission to membership of the credit union.

4. The mode of holding meetings and the method of notice, including provision as to the quorum necessary for the transaction of any description of business, and the mode of making, altering or rescinding rules.

5. The appointment and removal of the board of directors and any principal Committee and of other officers and their respective powers and remuneration.

6. Determination of the maximum amount of the interest in the shares of the credit union which may be held by any member.

7. Provision for the mode of withdrawal of shares and payment of the balance due on shares on withdrawing from the credit union.

8. The mode and circumstances in which loans to members and, where relevant, their members and loans to members of other credit unions on a referral basis, are to be made and repaid.