NOTICE OF SPECIAL GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT A SPECIAL GENERAL MEETING OF THE NATIONAL CO-OPERATIVE CREDIT UNION [NCCU] LIMITED WILL BE HELD AT THE VIEILLE CASE PRIMARY SCHOOL, LA-PAILLE, VIEILLE CASE, DOMINICA, ON SUNDAY 13TH DECEMBER 2015 AT 3:00 P.M.

MEMBERS ARE FURTHER NOTIFIED THAT THE FOLLOWING RESOLUTION WILL BE PRESENTED TO THE MEMBERSHIP FOR CONSIDERATION:

RESOLUTION TO ACCEPT ASSETS AND LIABILITIES

[Pursuant to Section 191(1) and (2) of the Co-operative Societies Act No. 2 of 2011]

WHEREAS Section 191(1) and (2) of the Co-operative Societies Act No. 2 of 2011 confer upon the Co-operative Societies the power to accept the assets and liabilities of any other                       Co-operative Society.

AND WHEREAS by resolutions passed at Special General Meetings held on 29 December 2013 and 9 March 2014, the members of the Castle Bruce Co-operative Credit Union Limited and South Eastern Co-operative Credit Union Limited respectively agreed to transfer their assets and liabilities to the National Co-operative Credit Union Limited.

AND WHEREAS there has been widespread discussions and community outreaches to educate members of the National Co-operative Credit Union Limited on the proposed transfer of assets and liabilities of the aforementioned Credit Unions.

NOW THEREFORE IT IS HEREBY RESOLVED  that the National Co-operative Credit Union Limited agrees to accept the assets and liabilities of the Castle Bruce Co-operative Credit Union Limited and the South Eastern Co-operative Credit Union Limited. 

December 2015

AGENDA                                                        

1. Credit Union Prayer
2. Welcome Remarks
3. Ascertainment of Quorum
4. Apologies for Absence
5. New Business:

(a)   Resolution to Accept Assets and Liabilities

6. Any Other Business:

(a)   Remarks and Suggestions

7. Adjournment

CHARMAINE BRUMANT (MS.)

SECRETARY

For and on Behalf of the Board of Directors