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Co-Operative Societies Act 2008

15. Probationary societies

1.      If the Registrar is satisfied that a society which has submitted an application for registration should not be registered as a registered society, he may register that society for a period not exceeding 12 months.

2.      A society registered under subsection (1) shall be termed “probationary society” and shall be subject to such conditions as the Registrar may impose.

3.      If the Registrar is satisfied that a probationary society has made sufficient progress in complying with the conditions imposed on the society, he may register the probationary society as a registered society.

4.      If the Registrar is not satisfied that a probationary society has made sufficient progress in complying with the conditions imposed on that society, he may extend the probationary period for a further period not exceeding 12 months, or cancel the registration.

5.      If at the end of the second year the Registrar is satisfied that a probationary society has made sufficient progress in complying with the conditions imposed on that society, he may register that society as a registered society or cancel the registration.



Cooperative Societies Act 2008 Back




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