Section 97: Duties of liquidator
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.
97. Duties of liquidator
(1) A liquidator shall deposit the funds and other assets of a dissolved
society which are collected by him or come into his possession as liquidator
in such manner as the Registrar may determine.
C49 – 51 [Issue 9]
Co-Operatives Act
(2) A liquidator shall—
(a) at least once every month, submit to the Registrar a report
stating the progress made in the winding up of the affairs of the
society; and
(b) on completion of the liquidation proceedings, submit a final
report and hand over every book, register and account, relating
to the proceedings to the Registrar.
(3) A liquidator shall terminate the winding up process within one year of
his appointment or within such extended time as the Registrar may approve.