(1) Insert the following heading to section 177 of the Co-operatives Act 1996 —
" Deposits, debentures or CCUs in lieu of payment when share repurchased ".
(2) In section 177(1)(b) of the Co-operatives Act 1996 , after "allot or issue debentures" insert "or CCUs".
(3) In sections 177(3), (4) and (5) of the Co-operatives Act 1996 , for "The deposit or debenture" substitute "The deposit, debenture or CCU".