C-4 - Savings and Credit Unions Act

Section 109 Disposition versions

1983-04-01

109. The Minister may, after having obtained the opinion of the Inspector General, order the dissolution of a union:

(a)  if the number of its members is reduced to less than twelve;

(b)  if it has failed to provide the Minister with proof of its affiliation with a federation in accordance with section 9 or section 122;

(c)  if it has failed to hold an annual general meeting of its members during three consecutive years; or

(d)  if it has failed for more than three years to prepare the report contemplated in section 81.

1970, c. 59, s. 40; 1982, c. 52, s. 97.

1977-12-31

109. The Minister may order the dissolution of a union:

(a)  if the number of its members is reduced to less than twelve;

(b)  if it has failed to provide the Minister with proof of its affiliation with a federation in accordance with section 9 or section 122;

(c)  if it has failed to hold an annual general meeting of its members during three consecutive years; or

(d)  if it has failed for more than three years to prepare the report contemplated in section 81.

1970, c. 59, s. 40.