(1) |
An application to register a co-operative must be made by— |
(i) |
five natural persons; or |
(iii) |
a combination of any five persons, |
in the case of a primary co-operative;
(i) |
three operational sectoral tertiary co-operatives that operate on a national level; and |
(ii) |
five operational multi-sectoral tertiary co-operatives that operate on a provincial, district or local level, |
in the case of the national apex co-operative.
[Section 6(1)(d) inserted by section 6(b) of Notice No. 558, GG 36729, dated 5 August 2013]
[Section 6(1) substituted by section 6(a) of Notice No. 558, GG 36729, dated 5 August 2013]
(1A) |
For purposes of this section and in relation to a co-operative, "operational" means a co-operative that has held its annual general meeting and has submitted its annual report, audited report or independent reviewed report as applicable, to the registrar in its last financial year. |
[Section 6(1A) inserted by section 6(c) of Notice No. 558, GG 36729, dated 5 August 2013]
(1B) |
An operational secondary co-operative may join the national apex co-operative where there is no sectoral or multi-sectoral tertiary co-operative that can represent the secondary co-operative. |
[Section 6(1B) inserted by section 6(c) of Notice No. 558, GG 36729, dated 5 August 2013]
(2) |
An application referred to in subsection (1) must be submitted to the registrar in the prescribed form, and must be accompanied by— |
(a) |
a constitution for the co-operative, that complies with section 13 and is signed by the founder members; |
[Section 6(2)(a) substituted by section 6(d) of Notice No. 558, GG 36729, dated 5 August 2013]
(b) |
a list of the founder members and proof of their identity; |
[Section 6(2)(b) substituted by section 6(d) of Notice No. 558, GG 36729, dated 5 August 2013]
(c) |
a list of the directors; |
(d) |
the prescribed fee or proof of payment thereof; and |
(e) |
a proposed name for the co-operative and a request to reserve that name. |
[Section 6(2)(e) inserted by section 6(f) of Notice No. 558, GG 36729, dated 5 August 2013]
(3) |
Before submitting an application referred to in subsection (1), there must be at least one meeting of interested persons at which— |
(a) |
a constitution of the proposed co-operative is adopted; and |
(b) |
the first directors are elected. |