(1) A society may invest or deposit its funds—
(a) in any registered society or bank approved by the Registrar;
(b) in any securities issued or guaranteed by the Government;
(c) in the shares or on the security of any society with limited liability; or
(d) in any other manner permitted by the Registrar.
(2) Except with the approval of the general membership and of the Registrar, a society shall not invest its funds in real property.