Skip to content
Back to the text

Co-Operative Societies Act · s 54

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?

The text as we hold it

Open the official text

s 54Power to exempt from stamp duty and registration fees

(1)

His Majesty the Sultan and Yang Di-Pertuan in Council, may by notification published in the Gazette, in the case of any registered society or class of registered societies, reduce or remit —

(a)

the stamp duty with which, under any law for the time being in force, instruments executed by or on behalf of a registered society, or by an officer or member, and relating to the business of such society, or any class of such instruments are respectively chargeable;

or

(b)

any fee payable under any laws relating to registration or licensing for the time being in force.

(2)

A notification exempting any registered society from the fees referred to in subsection (1)(b) may provide for the withdrawal of such exemption.