Section 67: Restrictions on borrowings and credit
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
67. Restrictions on borrowings and credit
(1) The rules of a society shall make provision for the conditions under
which the society may receive loans and deposits from its members and nonmembers.
(2) No society shall contract a loan or receive a deposit except as
specified in its rules.
(3) No society shall grant a loan or allow any credit—
(a) to any person other than a member; and
(b) except as specified in its rules.