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Cyprus (534) > Cooperatives (5)

Name: Cooperative Societies Law (Cap. 114 and Law 28 of 1959).
Country: Cyprus
Subject(s): Cooperatives
Type of legislation: Law, Act
Adopted on: 1959
Entry into force:
Published on: Printed separately, 1962, 22p.
ISN: CYP-1959-L-32535
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=32535&p_lang=en
Bibliography: Printed separately, 1962, 22p.
Abstract/Citation: Provides for the registration of cooperatives. Specifies the rights and liabilities of members. Sets up the privileges of registered societies as for example the creation of charges in favor of registered societies. Other provisions cover shares, property and funds of registered societies, distribution of surplus. The Registrar has a power to supervise the affairs of registered societies. Regulates the dissolution of cooperatives, sets forth attachment of property and specifies the purposes of rules. Offences against this Act are sanctionned.
Implementing text(s):

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