Barbados > Cooperatives

Barbados - Cooperatives - Regulation, Decree, Ordinance

Co-operative Societies Regulations, 2008 (S.I. No. 4 of 2008). -

Adoption: 2008-01-09 | BRB-2008-R-87099

These Regulations implement provisions of the Co-operative Societies Act with respect to, among other things: forms, fees, shares, bonds, auditor's reports, the Board of Directors of cooperative societies, loans and other financial matters.

Barbados - Cooperatives - Law, Act

Cooperative Societies (Amendment) Act, 1993. No. 2.

Adoption: 1993-02-20 | BRB-1993-L-32926

Amends numerous provisions of the Cooperative Societies Act 1990 regarding by-laws of a registered society, the power of a Registrar to inspect societies' books, and related matters.

Barbados - Cooperatives - Regulation, Decree, Ordinance

Cooperative Societies Regulations, 1993. No. 25.

Adoption: 1993-01-15 | BRB-1993-R-32925

These Regulations provide for required forms, fees, transfer of shares, minimum amount of bond, annual financial statements, auditor's report, election and meetings of directors, appointment and duties of secretary and treasurer, amount of bond for credit union, loan approval, security for loans, investment, interest on loans, maximum amount on deposits and loans and bank accounts.

Barbados - Cooperatives - Law, Act

Co-operative Societies Act. No. 23 (Cap. 378A). -

Adoption: 1990-08-06 | Date of entry into force: 1993-03-15 | BRB-1990-L-20296

Provides for the registration, supervision and management of certain societies whose members share a common bond of philosophy and social and economic objectives. Conditions for registration include a membership of at least ten persons, other than corporate bodies, who have attained the age of sixteen years, and detailed provisions for the names of societies. Under the Act, a registered society is a body corporate governed by its own by-laws. Other provisions cover share capital, issue of shares, allocation of surplus, dividends, prohibited loans and guarantees in the event of insolvency, the office of directors, meetings, voting, membership and suspension or termination thereof, financial matters and audit, dissolution and liquidation, settlement of disputes, the establishment of a Co-operative Societies Appeals Tribunal, civil remedies, the functions of the Registrar, consumers' societies, and other matters. The former Co-operative Societies Act is repealed (Cap. 378).