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Status: You are viewing the version of the handbook as on 2015-11-02.

CREDS 4.1 Application and purpose

Application

CREDS 4.1.1R

1This chapter applies to all credit unions.

Purpose

CREDS 4.1.2G

The purpose of this chapter is to provide for limits on holdings of shares and deposits, joint accounts, dividends and insurance cover (based on the aggregate value of shares and deposits).