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Model Regulations for Co-operative Agricultural Societies with Unlimited Liability (GN No. 313 of 1946).

Country/Territory
Namibia
Document type
Miscellaneous
Date
1946 (1996)
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Agricultural development Cooperative/producer organization Business/industry/corporations
Geographical area
Africa, South Atlantic, Southern Africa
Abstract

These Model Regulations for Co-operative Agricultural Societies with Unlimited Liability were made under the in terms of section 14 of the Co-operatives Societies Ordinance 15 of 1946 and are deemed to be made under the Co-operatives Act of 1996. Objects of a Co-operative Agricultural Society shall be, among other things - (a) to dispose of the agricultural products and livestock of the members in the most profitable manner; (b) to manufacture or treat the agricultural or livestock products of the members and to dispose of the products so manufactured or partly manufactured in the most profitable manner; (c) to purchase or otherwise acquire on behalf of, and to supply to, the members agricultural implements and machinery, seeds, manure and other farming requisites; (d) to acquire by purchase or otherwise, and to hire, any movable and immovable property required for the carrying out of the objects of the society and to dispose of or let any such property. Bona fide farmers may become a member of a society and all members of the society be jointly and severally liable for payment of the debts and obligations of the society. The society may, if it is in a position so to do, supply the members with agricultural implements and machinery and other farming requisites. Similar Model Regulations are sets out for other types of cooperative societies.

Full text
English
Website
www.lac.org.na

References - Legislation

Implements

Co-operatives Act (No. 23 of 1996).

Legislation | Namibia | 1996

Keyword: Agricultural development, Cooperative/producer organization, Registration, Court/tribunal, Institution, Basic legislation

Source: FAO, FAOLEX