Cooperatives Commission Establishment Proclamation (No. 274 of 2002).

This Proclamation provides for the establishment and functioning of a Commission that shall promote cooperative organization. The Commission shall be an autonomous Federal Government Organ and shall be accountable to the Ministry of Rural Development. The Commission shall formulate policies and prepare draft legislation, encourage organization of cooperative societies in line with international principles, carry out training and research, promote cooperative principles, organize, register and grant licences to cooperative societies and, audit and inspect societies and carry out other functions specified in article 5. There shall be a Commissioner who shall be the Chief Executive of the Commission.