Co-operative Societies Act (Cap. 40.20).

This Act provides for the registration and functioning of cooperative societies. Section 3 concerns the appointment of Registrar and Assistant Registrars. These public officers shall register cooperative societies subject to conditions and in accordance with procedures as set out in sections 4 to 9. Societies shall be bodies corporate. Sections 10 to 31 define duties and privileges of societies and the rights and liabilities of members. Two or more registered societies may by a resolution passed by a three-fourths majority of the members present at a special general meeting of such society held for the purpose, amalgamate as a single society (sect. 21). Section 22 provides for division of societies. Disputes between members, the Committee or societies shall be referred to the Registrar for decision (sect. 52). The Committee is the governing body of a registered society to whom the management of its affairs is entrusted.