Act on Cooperative Sector of Economy of the Islamic Republic of Iran. Country/Territory Iran, Islamic Republic of Document type Legislation Date 1991 (1998) Source FAO, FAOLEX Subject Agricultural & rural development Keyword Basic legislation Institution Cooperative/producer organization Agricultural development Registration Credit Geographical area Asia, Caspian Sea, Middle East, Near East and North Africa, Persian Gulf, Southern Asia Abstract This Act, consisting of 71 articles divided into 12 Chapters, establishes the Cooperative Sector of Economy of the Islamic Republic of Iran. The objectives of Cooperative Sector are as follows: to create and secure conditions and opportunities of job for all with a view to attain full employment; to place the means of work at the disposal of everyone who is able to work but lacks means; to prevent wealth concentration and circulation in the hands of a few individuals or groups aiming at realization of social justice; to avoid government turning into a major absolute employer; to make management, capital and earned profits available to work force and to encourage them to directly use the outcome of their job; to prevent monopoly, hoarding, inflation and harming others; to develop and reinforce public participation and cooperation among people. Full text English Website www.ilo.org