law: Co-Operative Societies Act 2008 
  224.
  
  Use of words “credit union” or “co-operative”
  1.      No person doing
  
  business in shall use the words “credit union” or “co-operative” or
  
  any abbreviation or derivation thereof as part of its name, or with respect to
  
  its goods, wares, merchandise or services or its method of conducting its
  
  business, or hold itself out to be a registered society unless it is registered
  
  under this Act.
  2.      A person who
  
  contravenes this section commits an offence and is liable on summary conviction
  
  to a fine of $1,000 and to a further fine of $100 for each day for which the
  
  contravention continues after a conviction is obtained.