Cap. 33activeordinance

Co-operative Societies Ordinance

合作社條例

Full legislation

s.14

Creation of charges in favour of registered societies

any debt or outstanding demand payable to a registered society by any member
                    or past member shall be a first charge on all crops or other agricultural
                    produce, felled timber or other forest produce, marine produce, fish
                    (
fresh-
water and
salt-
water), livestock, fodder, agricultural, industrial and
                    fishing implements, plant, machinery, boats, tackle and nets, raw materials,
                    stock in trade and generally all produce of labour and things used in connexion
                    with production raised, purchased or produced in whole or in part from any loan
                    whether in money or in goods given him by the
society:
Provided that nothing herein
                    contained shall affect the claim of any bona fide purchaser or transferee
                    without notice;