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Co-operatives Act 1987. No. 15.

Main Region

First Region

Seychelles
Cooperatives
1987-12-31
National
Law, Act

Second Region

This Act provides for establishment of co-operatives as bodies corporate by order of the Minister. It sets forth the criteria for membership in a co-operative (s. 4) and lists the assets it may hold (s. 5). Part II of the Act governs co-operatives' management committees. A Co-operative Fund, which may grant loans to co-operatives, is established under Part III. The Act also contains provisions on the rights of survivors of deceased members, removal of members, the settlement of disputes and dissolution of co-operatives. The Co-operatives Societies Act (Cap. 230) is repealed. Effective date: 1 Feb. 1988.

Electronic region

Serial region

    Serial title
    Government Gazette
    Date
    1988-01-04
    Number
    Vol. XIII, No. 2, Su
    Page range
    p. 209-220 and ibid.