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Prakas on the Guideline for the Establishment and Registration of Agricultural Cooperatives.

Country
Type of law
Regulation
Source

Abstract
This Prakas aims to provide a guideline on the procedure for establishing and registering an agricultural cooperative for local people whose businesses are fall within the agricultural production system, agro-industry, agro-business, and other services related to agricultural production.
To establish an agricultural cooperative, the following conditions shall be fulfilled: 1. There shall be fifteen members or above having Khmer nationality, being eighteen of age or above, residing in a specific domicile, in a village, commune, sangkat, municipality, district, khan within the Kingdom of Cambodia and working primarily in agricultural production systems, agro-industry, agri-business or services related to agricultural production; 2. The members shall jointly invest by paying for the shares subscribed, and each member shall hold at least one share. Member’s share-holding shall comply with their agricultural cooperative’s statute; 3. At least one primary business type shall fall within agricultural production systems, agro-industry, agri-business or services related to agricultural sector. Municipal/Provincial Departments of Agriculture, Forestry and Fisheries or/and Department of Agricultural Cooperative Promotion shall be tasked with facilitating the establishment of the organizing committee for establishment of agricultural cooperatives.
Date of text
Repealed
No
Source language

English

Legislation Amendment
No
Implements