Part

Senior Management Functions

Chapter

Credit Unions

Printed on: 29/04/2024

Rulebook at: 10/12/2018

6

Credit Unions

6.1

This Chapter applies only to a credit union.

  • 07/03/2016

6.2

The Credit Union Senior Manager function (SMF8) is the function of having responsibility for the conduct of, and/or chairing the committee of management of a credit union.

  • 07/03/2016

6.3

  1. (1) A credit union must ensure that at least one person performs the Credit Union Senior Manager function on its behalf.
  2. (2) If a vacancy arises in respect of the Credit Union Senior Manager function, a credit union must ensure that it appoints a person to fill that vacancy as soon as practicable.
  • 07/03/2016