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Co-Operative Societies Act · s 10

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s 10Amendment of by-laws of registered society

(1)

Any registered society may, subject to this Act and the rules, amend its by-laws, including the by-law which declares the name of the society.

(2)

No amendment of the by-law of a registered society shall be valid until that amendment has been registered under this Act, for which purpose copies of the amendment shall be forwarded to the Registrar.

(3)

If the Registrar is satisfied that any amendment of the by-laws is not contrary to this Act or to the rules, he may, if he thinks fit, register the amendment. An appeal shall lie to the Minister against the refusal of the

Registrar to register any amendment of any by-law within one month from the date of such refusal.

(4)

An amendment which changes the name of a society shall not affect any right or obligation of the society or any of its members or past members, and any legal proceedings pending may be continued by or against the society under its new name.

(5)

When the Registrar registers an amendment of the by-laws of a registered society, he shall issue a copy of the amendment certified by him, which shall be conclusive evidence of the fact that the amendment has been duly registered.

(6)

In this section, “amendment” includes the making of a new by-law and the variation or rescission of a by-law.

Formation of subsidiaries. [S 61/2012]