(1) The Registrar may,
by order published in the Gazette , exempt a participating co-operative or a
class of participating co-operatives from any requirement of this Act.
(2) An exemption under
subsection (1) may be given only if the Registrar considers that it is
appropriate to do so having regard to the corresponding co-operatives law of
each jurisdiction in which a participating co-operative to which the exemption
will apply is registered.
(3) An exemption may
be granted unconditionally or subject to conditions.
[Section 385A inserted: No. 7 of 2016 s. 139.]
[Heading amended: No. 7 of 2016 s. 199.]