Name: | Co-operatives Act 1987. No. 15. |
Country: | Seychelles |
Subject(s): | Cooperatives |
Type of legislation: | Law, Act |
Adopted on: | 1987-12-31 |
Entry into force: | |
Published on: | Government Gazette, 1988-01-04, Vol. XIII, No. 2, Su, p. 209-220 and ibid. |
ISN: | SYC-1987-L-4494 |
Link: | https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=4494&p_lang=en |
Bibliography: | Government Gazette, 1988-01-04, Vol. XIII, No. 2, Su, p. 209-220 and ibid. Legislation on-line ![]() ![]() |
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 The Co-operatives Societies Act (Cap. 230) is repealed.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. |
Implementing text(s): |