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

Chapter 11 : Administration of Act

84. Investigation by registrar

 

(1) The registrar may order an investigation into or inspection of the business of a co-operative if the registrar—
(a) has reason to believe that the co-operative has conducted its affairs in contravention of—
(ii) its constitution; or
(iii) a provision of this Act; or
(b) is satisfied that circumstances exist which justify such an investigation or inspection.

 

(2) The registrar—
(a) must refer the matter for resolution to the Tribunal if the results of the investigation or inspection contemplated in this section warrant further action; or
(b) may make any recommendation he or she considers appropriate following an investigation or inspection in terms of subsection (1), which may include a recommendation to—
(i) the co-operative;
(ii) the Agency, if additional support for the co-operative is required;
(iii) the Minister; and
(iv) the relevant prosecuting authority.

 

(3) A co-operative, member, director, employee, agent or mandatory who fails to provide any information required by the registrar for the investigation or inspection as contemplated in this section, is guilty of an offence.’

 

[Section 84 substituted by section 62 of Notice No. 558, GG 36729, dated 5 August 2013]