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

Purchase

(1)	A co-operative must be incorporated as a legal person with effect from the date on which it is registered, as reflected on its registration certificate.

(2)	The department may provide a co-operative with the necessary support, if that co-operative—

(a)	is registered as a co-operative in terms of this Act; and

(b)	complies with the co-operative principles referred to in section 3.

[Section 8(2) substituted by section 7 of Notice No. 558, GG 36729, dated 5 August 2013]