Application for registration and refusal of documents

(1) An application for registration under this Act must be submitted to the Registrar in the prescribed form and in such manner as may be prescribed by the rules together with a non- refundable application fee of fifty dollars. (2) At least one hundred persons who desire to be registered as a credit union under section 9 may, in the presence of a witness, complete the application in the prescribed form. (3) The Registrar may refuse to receive, file or register any document that in his opinion– (a) contains any matter contrary to law; (b) has not been properly completed; (c) does not comply with this Act; or (d) contains any error, alteration or erasure.