Co-operative Societies (Amendment) Act No. 20 of 2017. Country/Territory Grenada Document type Legislation Date 2017 Source FAO, FAOLEX Long titleAn Act to amend the Co-operative Societies Act CAP. 66A. Subject Agricultural & rural development Keyword Cooperative/producer organization Royalties/fees Financing Special fund Geographical area Americas, Caribbean, Latin America and the Caribbean, North Atlantic, Small Island Developing States Entry into force notes This Act enters into force on 6 October 2017. Abstract This Act makes several amendments in the principal Act, such as: Section 13 regarding the provisions of bye-laws of a co-operative society; Section 16 of the principal Act regarding the registration fee of co-operative societies; Section 96 prohibiting the sales of equity shares to others than members of a co-operative society; Section 120 regarding investment of funds; Section 125 on allocation of surplus; and Section 129 regarding the distribution of any surplus by way of dividend or bonus amongst its members. Full text English Website laws.gov.gd References - Legislation Amends Co-operative Societies Act, 2011 (No. 8 of 2011). Legislation | Grenada | 2011 Keyword: Agricultural development, Cooperative/producer organization, Registration, Dispute settlement, Court/tribunal, Basic legislation Source: FAO, FAOLEX