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Bhutan > Cooperatives

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Country: Bhutan - Subject: Cooperatives

  1. Bhutan - Cooperatives - Regulation, Decree, Ordinance

    Cooperative Rules and Regulations of Bhutan, 2010. - Legislation on-line Legislation on-line

    Adoption: 2010-07-23 | BTN-2010-R-91360

    These Rules and Regulations implement provisions of the Cooperative (Amendment) Act of Bhutan, 2009.
    The Rules and Regulations provide for: cooperative authorities; cooperatives' management structure; rights and duties of members of cooperatives; election procedures for office bearers of cooperatives and their code of conduct; general roles and functions of the General Assembly, Board of Directors and Committees; registration procedures of cooperatives; financial management of cooperatives; monitoring of cooperatives; division, merger and consolidation of cooperatives; dissolution and insolvency of cooperatives; Farmers Group registration; etc.

  2. Bhutan - Cooperatives - Law, Act

    Cooperative (Amendment) Act of Bhutan, 2009. - Laws in English and Dzongkha

    Adoption: 2009 | BTN-2009-L-87814

    Amends article 2 (definitions) as well as 5 (responsibilities of the Ministry of Agriculture); Article 6 (Management and Decentralization); Article 11(1) (Co-operative banks); Article 11(2) (Insurance Cooperative); Article 12 (Effects of Registration); Article 13 (Constitution and by-laws); Article 14 (Liability of directors, officials, committee members and manager); Article 18 (Capital and their sources); Article 28 (implementing rules); Article 31 (Use of word "Co-operative"); and Article 33 (Information campaign).

  3. Bhutan - Cooperatives - Law, Act

    Co-operatives Acts of Bhutan, 2001. - Laws in English and Dzongkha

    Adoption: 2001-07-18 | BTN-2001-L-87813

    CHAPTER I - PRELIMINARY
    1. Title, extent and commencement
    2. Definition of Terms
    CHAPTER II - STATE POLICY ON VALUE AND PRINCIPLES OF CO-OPERATIVES
    3. Declaration of State Policy
    4. Values and principles of Co-operatives
    CHAPTER III - REGULATION OF CO-OPERARIVES
    5. Regulatory agency and its powers
    6. Management and decentralization
    CHAPTER IV - TYPES OF CO-OPERATIVES AND THEIR REQUIREMENTS FOR REGISTRATION
    7. Types of co-operatives
    8. Primary co-operatives
    9. Federation of co-operatives
    10. Union of co-operatives
    11. Special types of co-operatives
    12. Effects of Registration
    CHAPTER V - GOVERNANCE OF CO-OPERATIVES
    13. Constitutional and By-paws
    14. Liability of Directors, Official, Committee members and Manager
    15. Termination of membership
    16. Voting
    17. Application of relevant management and social development principles and practices
    CHAPTER VI - FINANCIAL MANAGEMENT OF CO-OPERATIVES
    18. Capital and their sources
    19. Liability of members
    20. Share capital, interest and limitations to share capital holding
    21. Investment of capital
    22. Financial sustainability of co-operatives from members' proceeds
    23. Audit of co-operatives
    24. Safety of records of co-operatives
    25. Allocation and distribution of net surplus
    CHAPTER VII - MERGER, DISSOLUTION AND INSOLVENCY OF CO-OPERATIVES
    26. Merger and consolidation of co-operatives
    27. Dissolution and insolvency
    28. Implementing rules
    CHAPTER VIII - ROLE OF GOVERNMENT IN PROMOTING THE ECONOMIC AND EDUCATIONAL DEVELOPMENT OF CO-OPERATIVES
    29. Co-operative development strategy
    30. Government-Co-operative sector partnership
    CHAPTER IX - MISCELLANEOUS PROVISIONS
    31. Use of the word co-operative
    32. Interpretation and construction
    33. Information campaign
    34. Separability


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