(1) This regulation applies for the purposes of section 51 of the Act.
(2) The board of directors of a society shall—
(a) appoint a secretary and treasurer to the society and a secretary or treasurer shall not hold office for more than 2 consecutive terms; or
(b) appoint a secretary and a treasurer and unless the secretary and treasurer so appointed are members of the board, shall have power to fix the remuneration for their service.
(3) An appointment made or remuneration fixed by the board in accordance with subregulation (2) shall not be valid, effective, payable or recoverable unless the appointment and remuneration are approved by the Registrar.
(4) The Registrar shall inform the board in writing of the approval and remuneration of the secretary and the treasurer.