law: Co-Operative Societies Act 2008 
  Part
  
  XIV Specialized Societies
  Credit
  
  Unions
  191.
  
  Interpretation and application
  In
  
  this part—
  “consumer
  
  society”  means
  
  a society whose primary purpose is to purchase, procure, process, manufacture,
  
  exchange, hire or deal in goods or services for sale at retail to its members
  
  who are to be the ultimate users or consumers of those goods and services;
  “credit
  
  union”  means
  
  a registered society providing co-operative savings and lending business for
  
  its members;
  “housing
  
  charges”  means
  
  the fee charged by a housing society to its members to cover its costs of
  
  providing housing accommodation;
  “housing
  
  unit”  means
  
  housing accommodation intended for individual or family use;
  “industrial
  
  society”  means
  
  a society whose primary purpose is to operate an enterprise in which its
  
  members are the workers necessary for the operation;
  “liquid
  
  assets”  means
  
  assets maintained by a credit; union to ensure that it can meet its commitments
  
  with respect to loans and withdrawal of deposits.