116. Restrictions

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Bye-Law No. 116: Prohibition on Interest in Society

No officer of the Society shall have any interest, directly or indirectly, otherwise than as such officer: 

(a) In any contract made with the Society.

(b) In any property sold or purchased by the Society. 

(c) In any other transaction
of the Society, except as investment made in or loan taken from the Society for provision of residential accommodation by the Society to any paid employee of the Society. 

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