Law on Agricultural Cooperative.

The purpose of this Law, consisting of 114 articles divided into nine Chapters, is to promote participation of every Khmer citizen whose primary occupations falls within the framework of agricultural production, agro-industry, agribusiness or services related to agricultural production systems in establishing and developing agricultural cooperatives in order to improve economic, social and cultural status of members as well as to contribute to the national economic development. This Law regulates the establishment, functioning and management of agricultural cooperatives, agricultural cooperative unions, and Cambodian agricultural cooperative alliance, as well as provides for related supportive mechanisms. This law covers only agricultural cooperatives, agricultural cooperative unions, and Cambodian agricultural cooperative alliance within the Kingdom of Cambodia. Agricultural Cooperative provided for in this law refers to private legal entity and agricultural-based economic enterprise which is voluntarily established by natural entities with their joint investment, joint ownership and joint democratic management in order to improve agricultural sector.