Cooperative societies laws important objective questions here are some important objective from cooperative societies act 1925 and cooperative societies rules 1927. Cooperative societies act 1925 important mcqs objective. To facilitate the formation and working of cooperative societies for the promotion of thrift, selfhelp and mutual aid among agriculturists and. Whereas it is expedient further to facilitate the formation and working of cooperative societies for the promotion of thrift, selfhelp and mutual aid. Whereas, it is expedient further to facilitate the formation and. This is one of the most prominent objectives of all cooperative societies. Click here to download pdf document for more info size. Interpretation in this act, except where the context otherwise requires agricultural produce means any produce or article produced or obtained by the work or industry of members of a cooperative society or marketed by a cooperative society, whether the produce be of agriculture. However, a number of situations and circumstances remained unaddressed in the said act like cooperative housing sector.
Cooperative societies an act respecting the registration, supervision and management of cooperative societies, the members of which have a common bond of philosophy and social and economic objectives assent 29th september, 2005 commencement 4th october, 2005 1. Cooperative societies act national assembly of zambia. This act extends to the whole of the province of west pakistan, except the tribal areas. Co operative societies act 1968 nlcd 252 section 1 the registrar of co operative societies. Co operative societies 7 issue 1 chapter 490 co operative societies act date of assent. Later on, madras, bihar and bengal passed their own acts in 1932, 1935 and 1940 respectively. The cooperative societies act, 1925 sind act vii of 1925 c. Whereas certain rules, which it was proposed to make under section 71 of the cooperative societies act, 1925 act vii of 1925, were published in government notification in the revenue. The cooperative societies act, 1925 to facilitate the formation and working of co operative societies for the promotion of thrift, selfhelp and mutual aid among agriculturists and other persons with common economic needs so as to bring about better living, better business. It is hereby enacted in the sixteenth year of republic of india as follows.
Subject to the provisions of this act a society may be. Whereas, with a view to providing for the orderly development of the cooperative movement in the state of maharashtra in accordance with the relevant directive principles of state policy enunciated in the constitution of india, it is expedient to. The bombay cooperative societies act, 1925, in its application to the state of. Cooperative societies act, 1925 josh and mak international. Text the cooperative societies rules, 1927 14th july, 1926 notification no. Chapter 337 the societies act principal legislation arrangement of sections section title 1. This act my be cited as the co operative societies act and shall come into operation on such date as the minister may, by notice in the gazette, appoint. Whereas it is expedient to provide for the formation, registration and regulation of cooperative societies for the promotion of.
Wh an act to amend the law relating to co operative societies. An act to consolidate and amend the law relating to cooperative societies in 22the province of west. Powers of credit agency to proceed against members of a cooperative society for the recovery of money due to it from such society. There shall be appointed by the national liberation council an officer who shall be called the registrar of cooperative societies in this. State cooperative election authority means an authority constituted or nominated by the state government for the purposes of superintendence, direction. Laws of saint lucia co operative societies act cap. These rules may be cited as the cooperative societies rules, 2004. Famine commission was constituted in the year 1880 16. Applications for registration or exemption from registration of societies 7. These regulations may be cited as the cooperative societies regulations. The cooperative societies act, 1925 to facilitate the. Whereas certain rules, which it was proposed to make under section 71 of the cooperative societies act, 1925 act vii of 1925, were published in government notification in the revenue department no. Nigerian cooperative societies act an act to provide for the registration and operation of cooperative societies throughout the federation and for related purposes.
Interpretation part ii development of cooperatives, cooperative societies and public officers 3. The cooperative societies act, 1925 to facilitate the formation and working of cooperative societies for the promotion of thrift, selfhelp and mutual aid among agriculturists and other persons with common economic needs so as to bring about better living, better business. This act may be called the cooperative societies act, 1925. In this act, except where the context otherwise requires. In these regulations, the act means the cooperative societies act. Whereas certain draft rules further to amend the gujarat cooperative societies rules, 1965 797 kb acts of gujarat legislature and ordinance promulgated and regulations 836 kb money lending act 333 kb the gujarat cooperative societies act, 1961 as modified upto 20th july, 2012 320 kb. This act has been declared to be in force in the sonthal parganas by notification under s. This act may be called the 5 cooperative societies act, 1925. Cooperative societies act singapore statutes online. An act to make provision for the constitution, registration and control of cooperative societies. The cooperative societies act, 1925 has been marginally amended in the past.
Which was the first provincial cooperative societies act in india the bombay cooperative societies act 1925. The cooperative societies act, 1925 vii of 1925 and cooperative societies rules, 1927 ch mohammad hussain jahania. Saint christopher and nevis i assent, cuthber t m sebastian governor general. The cooperative societies act, 1925 sind act vii of. Restrictions on interest of member of society with limited. An act of parliament relating to the constitution, registration and regulation of co operative societies and for purposes incidental thereto.
The cooperative farming act, 1976 national assembly of pakistan. The cooperative societies rules, 1927 14th july, 1926 notification no. Mar 28, 2012 cooperative societies laws important objective questions here are some important objective from cooperative societies act 1925 and cooperative societies rules 1927. Cooperative societies act 1968 nlcd 252 section 1the registrar of cooperative societies. Registrar of co operative societies for jamaica and may appoint persons to assist such registrar and may by general or special order published in the gazette, confer on any such persons all or any of the powers of a registrar under this act. Cooperatives societies cooperative societies act, 201act 1 31. The cooperative societies act, 1925 vii of 1925 and co. Cooperative societies act an act to provide for the formation and to regulate the operations of cooperative societies. An act to consolidate and amend the law relating to co operative societies in the state of maharashtra. Subject to the provisions hereinafter contained, a society which has as its object the promotion of the economic interests of its members in accordance with cooperative principles, or a society established with the object of facilitating the operations of such a society, may be registered under this act with or without limited liability. C115 co operative societies act anguilla 8 15122000 societies which may be registered 3. There shall be appointed by the national liberation council an officer who shall be called the registrar of co operative societies in this decree referred to as the registrar and such other. Short title this act may be cited as the sacco societies act, 2008. Registrar of cooperative societies for jamaica and may appoint persons to assist such registrar and may by general or special order published in the gazette, confer on any such persons all or any of the powers of a registrar under this act.
Development of cooperatives ad cooperative societies 4. This act may be cited as the cooperative societies act. Subject to the provisions hereinafter contained, a society which has as its object the promotion of the economic interests of its members in accordance with co operative principles, or a society. Laws of malaysia act 502 co operative societies 1993 an act to make provisions for the constitution, registration, control and regulation of co operative societies. The provisions of this act and the rules shall have effect notwithstanding anythrng codtained in the cooperative. An act to consolidate and amend the law relating to cooperative. Societies formed by memorandum of association and registration. This act my be cited as the cooperative societies act and shall come into operation on such date as the minister may, by notice in the gazette, appoint. Appointment of federal director of cooperatives, etc. An act to provide for the registration, inspection, examination and supervision of.
The main component of the cooperative movement had also not been adequately covered under the act. Government of the republic of zambia cooperative union means a society, the membership of which is comprised of societies operating in. The cooperative societies act 1925 punjab laws online. The kerala cooperative societies act, 19691 act 21 of 1969 an act to consolidate, amend and unify the laws relating to cooperative societies in the state of kerala. The co operative societies act, 1912 tnau agritech portal. An act to consolidate and amend the law relating to co operative societies in uttar pradesh.
It is very easy to form a cooperative society unlike the formation of some other types of business organizations like. An act to consolidate and amend the law relating to co operative societies in 22the province of west. An act to consolidate certain enactments relating to cooperative societies, community benefit societies and other societies registered or treated as registered under the industrial and provident societies act 1965, with amendments to give effect to recommendations of the law commission and the scottish law commission. Cooperative societies act anguilla financial services. An act of parliament to make provision for the licensing, regulation, supervision and promotion of sacco societies, to establish the sacco societies regulatory authority and for connected purposes l. These objectives are important for the competitive exams held by ppsc for seats of assistant registrar cooperative societies and inspector cooperative societies. In this act, unless the context otherwise requiresinterpretation.
Whereas with a view to provide for the orderly development of the cooperative sector the state, by organizing the cooperative societies as self governing. Cooperative society introudction cooperative also cooperative or cooperative refers to as a coop or coop self help self responsibility democracy equality definitions it is a business organization owned and operated by a group of individuals for their mutual benefit. Cooperative societies an act to provide for the registration, inspection, examination and supervision of. Advantages and disadvantages of cooperative societies. Officers required to furnish information to minister 5. One of the most obvious advantages of a cooperative society is the fact that the members are protected from exploitation from middlemen. The membership of a cooperative society is open to all those who have a common interest. This act may be cited as the co operative societies act.
The cooperative societies act, 1925 sind act vii of 1925. The first cooperative societies act of 1904 came into force on 25 march 1904 15. A minimum of ten members are required to form a cooperative society. The cooperative societies act, 1925 sind act vii of 1925 c o n t e n t s chapter i preliminary sections 1. In this act, unless there is anything repugnant in the subject or context. Whereas, with a view to providing for the orderly development of the co operative movement in the state of maharashtra in accordance with the relevant directive principles of state policy. The cooperative societies act does not specify the maximum number of members for any cooperative society.