Skip to content

Section 10

(1)

All income and property of the Persatuan shall be applied solely towards the attainment of\its objects and purposes, and no part thereof shall be paid or transferred directly or indirectly by way of dividend, bonus or otherwise by way of profit to its members or any of them:

Provided that nothing in this subsection shall prevent the payment in good faith of remuneration to any officer or servant or to any member of the Persatuan in return for any services actually rendered to it by him,

(2)

The liability of each member of the Persatuan in respect of its activities shall not exceed the amount of such annual subscription as may be due from him,

Report