Credit Union Act 1997
THIRD SCHEDULE
Credit Committee, Credit Control Committee and Membership Committee
1. F342 [ … ]
2. A credit committee, credit control committee and membership committee shall—
( a) meet as often as necessary to carry out their functions;
( b) submit a written report to the board of directors at each meeting of the board; and
( c) comply with any instruction of the board of directors.
3. A credit committee shall have not less than three members and a member of the credit control committee, the credit control officer or a credit officer shall not be eligible for membership.
4. A credit control committee shall have not less than three members and a member of the credit committee, the credit control officer or a credit officer shall not be eligible for membership.
5. A membership committee shall have not less than one member.
6. F343 [ … ]