128. The Minister, upon the filing of a memorandum similar to that provided for in section 124 and after having obtained the opinion of the Inspector General, may authorize the formation of a federation consisting of federations of savings and credit unions.
The memorandum of association shall be signed by the representatives of at least five federations.
R. S. 1964, c. 293, s. 101; 1982, c. 52, s. 103.