← belizelaw.ai · Credit Unions, Cap. 314 · PART XI — Winding up and Ancillary Matters

Power of Registrar to control Liquidator

Cap. 314, s. 73 · Revised Edition 2020

A Liquidator shall exercise his powers subject to the powers of the Registrar under this section, and the Registrar may– (a) rescind or vary an order made by a Liquidator and make whatever new order he deems appropriate; (b) remove the Liquidator from office; (c) call for all books, documents and assets of the (d) by order in writing limit the powers of the Liquidator under section 72; (e) require accounts to be rendered to him by the (f) procure the auditing of the accounts of the Liquidator and authorize the distribution of the assets of the credit union; (g) make an order for the remuneration of the 70 Credit Unions Act (h) refer any subject of dispute between a Liquidator and any third party to arbitration if that party consents in writing to be bound by the decision of the Arbitrator.
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