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Co-operatives Act, 2005 (Act No. 14 of 2005)

Chapter 2 : Registration, Constitution, Powers of Co-operative and Registered Office and Record Keeping by Co-operative

Part 2 : Constitution and powers of co-operative

13. Constitution of co-operative

 

(1) A co-operative registered in terms of this Act must have a constitution that complies with section 14.

[Section 13(1) substituted by section 11(a) of Notice No. 558, GG 36729, dated 5 August 2013]

 

(2) A co-operative whose members are required to hold shares must have a constitution that complies with sections 14 and 15.

[Section 13(2) substituted by section 11(a) of Notice No. 558, GG 36729, dated 5 August 2013]

 

(3) Secondary and tertiary co-operatives and the national apex co-operative must have a constitution that complies with sections 14 and 16.

[Section 13(3) substituted by section 11(a) of Notice No. 558, GG 36729, dated 5 August 2013]

 

(4) A co-operative may, in addition to the matters listed under section 14(2), adopt any other provision that is not inconsistent with this Act.

 

(5) [Section 13(5) deleted by section 11(b) of Notice No. 558, GG 36729, dated 5 August 2013]

 

(6) Every group of persons or co-operatives that intends to register as a co-operative must submit a constitution for the proposed co-operative in the prescribed manner and form to the registrar for registration.

[Section 13(6) inserted by section 11(a) of Notice No. 558, GG 36729, dated 5 August 2013]