|Name:||Co-operatives Act 1987. No. 15.|
|Type of legislation:||Law, Act|
|Entry into force:|
|Published on:||Government Gazette, 1988-01-04, Vol. XIII, No. 2, Su, p. 209-220 and ibid.
|Bibliography:||Government Gazette, 1988-01-04, Vol. XIII, No. 2, Su, p. 209-220 and ibid.
Legislation on-line Seychelles Legal Information Institute (SeyLII), Seychelles PDF of Act (consulted on 2013-12-13)
|Abstract/Citation:||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 The Co-operatives Societies Act (Cap. 230) is repealed.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.|