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Cooperative Societies Act, 2013 (No. 6 of 2013).

Type of law
Legislation
Source

Abstract
This Act provides for the definition of objects of cooperative societies, for the appointment of a Registrar and the registration of cooperative societies, for the formation and organization of cooperative societies, rights and liabilities of members, duties and privileges of cooperative societies, the management of cooperative societies, amalgamation, dissolution and divisions of cooperative societies and the definition of offences. It establishes the Tanzania Cooperative Development Commission and an Inspection Fund.
The Minister shall, upon consultation with the Commission, take such relevant measures for enhancing development of self-sustaining cooperative movement.
The Registrar may register the various types of types of societies including- (a) agricultural cooperatives; (b) livestock cooperative societies designed to deal with the needs of members in animal husbandry, livestock keeping and dairy farming; (c) fisheries cooperative societies designed to deal with fishing, processing and marketing of fish and other sea products; (d) producers' cooperatives for agricultural, forestry or other natural products. A registered society which one of its objectives is the disposal of any article which is the produce of agriculture or animal husbandry, shall provide in its by-laws- (a) that every such member who produces any such articles has entered into an implied contract to dispose of the whole or any specified amount, proportion or description thereof to or through the society; and (b) that any member who is proved or adjudged to be guilty of breach of by-laws shall pay to the society as liquidated damages a sum ascertained or assessed in such manner as may be prescribed by the by-laws. Such contract shall create in favour of the registered society a first charge upon all articles as referred to above, whether these articles have been produced or are about to be produced.
Date of text
Repealed
No
Serial Imprint
Gazette of the United Republic of Tanzania No. 1 of 3 January 2014.
Source language

English

Legislation Amendment
No