Co-operative Companies Act 1996 (No. 24). Country/Territory New Zealand Document type Legislation Date 1996 (2013) Source FAO, FAOLEX Long titleAn Act to reform the law relating to co-operative companies. Subject Agricultural & rural development Keyword Basic legislation Agricultural development Cooperative/producer organization Registration Geographical area Asia and the Pacific, Australia and New Zealand, Oceania, South Pacific Abstract This Act, consisting of 51 sections divided into four Parts and completed by three Schedules, reforms the law relating to co-operative companies and, in particular aims to: a) reaffirm the value of the co-operative company as a means of facilitating its shareholders carrying on business on a mutual basis; b) provide for the registration of co-operative companies and regulate the relationship between co-operative companies and their shareholders; c) provide for the registration of existing co-operative companies and existing companies as co-operative companies under this Act at the same time as they re-register as companies under the Companies Act 1993. The Act is divided as follows: Co-operative companies (Part 3); Special provisions applying to co-operative dairy companies (Part 3); Miscellaneous provisions (Part 4). Full text English Website www.legislation.govt.nz