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“(4) If the society concerned is a society referred to in section 3(2)(c) (as modified by the Friendly Societies and Industrial and Provident Societies (Miscellaneous Provisions) Act 2014) and the Central Bank (whether alone or acting together with other persons) has not presented, and does not propose to present, a petition under section 2 in relation to the society, the independent accountant shall, as soon as may be after it is prepared, supply a copy of the report prepared by him under section 3(3A) to the Central Bank and subsections (2) and (3) shall not apply to such a copy.”.
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