Acts Online
GT Shield

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

Chapter 9 : Winding-up or De-registration of Co-operatives

71. Modes of winding-up

 

(1) A co-operative may be wound up—
(a) voluntarily in terms of section 71A;
(b) by an order of the court in terms of section 72; or
(c) by order of the Tribunal in terms of section 72B.

 

(2) The Minister must, by notice in the Gazette, prescribe procedures relating to each of the modes of winding-up within three months of commencement of the Co-operatives Amendment Act, 2013.

 

[Section 71 substituted by section 54 of Notice No. 558, GG 36729, dated 5 August 2013]