law: Co-Operative Societies Act 2008 
  35.
  
  Maximum liability on deposits and loans
  1.      In pursuit to Section
  
  117 of the Act, every registered society shall from time to time fix, at a
  
  general meeting, the maximum liability the society may incur in loans or
  
  deposits from a member or non-member.
  2.      The maximum liability
  
  fixed by paragraph (1) is subject to the approval of the Registrar.
  3.      No society shall
  
  exceed the maximum approved by the Registrar pursuant to paragraph (2).
  4.      The Registrar may, at
  
  any time, review the maximum approved pursuant to paragraph (2) and vary that
  
  maximum.
  5.      No society shall
  
  accept shares or ordinary deposits of more than $20,000 in any one transaction
  
  from a member or non-member without an accepted declaration of the Source of
  
  Funds.