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MDV-2007-L-89801
Breadcrumb
Title_of_text
Co-operatives Societies Act (Act No. 2/2007).
Main Region
First Region
Country(ies)
Maldives
Subjects (Classification)
Cooperatives
Adopted on (Date of text)
2007-07-01
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
This Act provides for the establishment, registration and operation of Co-operative Societies in the Maldives. The Government shall appoint a government authority as the Registrar of Co-operative Societies. Powers and responsibilities of the Registrar are defined in the text. The Act sets out procedures and requirements for applying for the registration of Co-operative Societies. In addition, it provides for the legal status of Co-operative Societies and for the management of the Society including: meetings; establishment of a Management Committee and its responsibilities; and assets and funds of the Society. The Act further provides for: registration fees; audit accounts of the Society; investigation of the Society's accounts and dissolution of the Society; offences and penalties; etc.
Electronic region
Electronic source title
Legislation on-line
Author
FAOLEX (Food and Agricultural Organization of the United Nations)
URL
http://faolex.fao.org/
File
MDV89801.pdf (PDF)