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

Regulations

Purchase

The winding-up of a co-operative will be deemed to commence—

(a)	in the case of a voluntary winding-up, at the time when the special resolution authorizing the winding-up is registered by the registrar; and

(b)	in the case of a winding-up by an order of the court or the Tribunal, at the time when a final order that the co-operative be wound up is issued by the court or the Tribunal.