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Co-operative Societies Act, 1925 (Sind Act VII of 1925).

Country/Territory
Pakistan
Territorial subdivision
Punjab
Document type
Legislation
Date
1925 (2006)
Source
FAO, FAOLEX
Long title
An Act to consolidate and amend the law relating to co-operative societies in the Province of West Pakistan.
Subject
Agricultural & rural development, General
Keyword
Basic legislation Cooperative/producer organization Registration Authorization/permit Agricultural development
Geographical area
Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia
Abstract

This Act, consisting of 73 sections divided into eleven Chapters and one Schedule, provides for the formation, registration and regulation of cooperative societies for the promotion of thrift, self help and mutual assistance amongst agriculturist or other persons with common socio-economic interests, for achieving better standards of living and for related matters. This Act extends to the whole of the Province of West Pakistan, except the Tribal Areas. The Provincial Government may appoint a person to be Registrar of Co-operative Societies for the Province or any portion of it, and may appoint a person to assist such Registrar, and may, by general or special order, confer on any such person all or any of the powers of a Registrar under this Act. The Provincial Government by general or special order directs: a) the liability of a society of which a member is a society shall be limited; the liability of a society of which the majority of the members are agriculturists and of which no member is a registered society shall be unlimited. The Act is divided as follows: Registration (Chap. II); Rights and Liabilities of Members (Chap. III); Duties of Societies (Chap. IV); Privileges of Societies (Chap. V); Property and Funds of Societies (Chap. VI); Inspection of Affairs (Chap. VII); Liquidation and Arbitration (Chap. VIII).

Full text
English
Website
www.punjablaws.gov.pk