4
POWERS OF THE SOCIETY
4.1
Subject to the terms of the Constitution, the Society shall have the power to:
a)
carry out such functions and perform such duties as are or may be imposed upon it by virtue of its incorporation in terms of the Act; and to
b)
generally do all such acts as a body corporate may by law perform, and which the Society may deem necessary for the attainment of its objectives.
4.2
The Society has the right to:
a)
carry on business;
b)
participate in any profit-making activities.
4.3
However, the Society shall not:
a)
participate in any profession or occupation carried on by any of its members, or provide any financial assistance, premises, continuous services, or facilities to members for the purpose of carrying on any business or occupation by them; and
b)
have the power to carry on ordinary commercial trading operations, speculative transactions, dividend stripping activities as well as the letting of property on a systematic or regular basis.