(k) to give such directions in regard to the disposal of the books and documents
of the society in accordance with affairs of the society;
(l) to compromise, with the approval of the Registrar, any claim by or against
the society; and
(m) to apply to the Registrar for discharge from the duties of liquidator after
completion of the liquidation proceedings.
(3) Upon the appointment of a liquidator for a registered society, the provisions
of the Companies Act relating to winding up of acompany shall apply subject to
modifications that may be required in the circumstances.
PART VIII—GENERAL PROVISIONS
79. Settlement of disputes
(1) Any dispute regarding the operations of a registered society which arises—
(a) among the members or past members;
(b) between a member, past member or other person not being a member, or
deceased member, and the society, its committee or any officer or past
officer of the society; or
(c) between the society or its committee and any officer or past officer of the
society; or
(d) between the society and any other registered society;
shall be referred to an arbitrator or arbitrators under the Arbitration and
Conciliation Act.
80. Remuneration of officers
(1) No officer or member of a registered society shall receive any
remuneration, salary, commission or other payment from the society for services
rendered to the society unless the society has, after consultation with the Registrar,
by resolution passed at a general meeting of the society approved the expenditure in
the estimates of the society for the financial year.
(2) No officer or member of a registered society shall receive any
remuneration, salary, commission or other payment from any person other than the
society in respect of any business or transaction entered into by the society, but in
special circumstances the society may, after consultation with the Registrar, by a
resolution passed at a general meeting of the society, consent to such remuneration,
salary, commission or other payment being made.
(3) Any officer or member of a registered society who pays out or receives any
remuneration, salary, commission or other payment in contravention of subsection
(1) or (2), as the case may be, commits an offence and is liable on conviction to a
fine not exceeding twenty currency points or to a period of imprisonment not
exceeding two years or both.