Amendment status not verified — confirm the current text below against the official source.
(1) Where an inquiry is held under section 51 or an inspection is made under section 52, the Registrar may, after giving the parties an opportunity of making their representations, apportion the costs, or such part of the costs as he may think fit, between the society, the members or creditors demanding an inquiry or inspection, the officers or former officers of the society. Costs may also be awarded by the Registrar to the financing bank or federal society in the case of inspection under section 53 by such bank or society. (2) Any amount awarded by way of costs under sub- section (1) may be recovered as if it were an arrear of land revenue.