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Title_of_text

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

Main Region

First Region

Barbados
Cooperatives
1990-08-06
National
Law, Act

Second Region

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 The former Co-operative Societies Act is repealed (Cap. 378).

Entry dates region

    Date of entry into force
    1993-03-15
    --

Implementing Text region

Amending Text region

Repealed Text region

Electronic region

Serial region

    Serial title
    Supplement to the Official Gazette, Vol. CXXV
    Date
    1990-08-13
    Number
    No. 66
    Page range
    193 p.