Amendment to the Law on Farmers Cooperative Societies No. 43 of 1977 (No. 29 of 1996).
Country
Type of law
Legislation
Abstract
Article 17 deals with share funds of cooperative farmers societies, here called associations. This amendment concerns the distribution of interests in shares in addition to compulsory shares. Article 24 is revoked and replaced by a new article which requires associations to deposit their "assets" in Government banks, unless specific instructions permit their retention in the association's fund. (3 sections)
Attached files
Date of text
Entry into force notes
This amendment enters into force on 23 December 1996.
Repealed
No
Serial Imprint
Alwaqai Aliraqiya, No. 18 of 30 April 1997, pp. 2-3.
Source language
English
Legislation Amendment
No
Original title
قانون رقم (29) لسنة 1996 م بتعديل قانون الجمعيات التعاونية للمزارعين رقم (43) لسنة 1977م