Section 2: Surcharge
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
2. Surcharge
Section 18 (5) (d) Annual fee surcharge 20 per day
1,000 (maximum)
FOURTH SCHEDULE
[Section 2]
CLASS OF SOCIETY
Class of society Objects
Agriculture, farming and fishing - To produce, market and dispose the products
of members and promote better techniques
of production
Consumer and retail trade - To obtain, produce, process, distribute goods
to, or perform other services for, its members
and share among its members the profits
derived from the supply, production or
distribution in such proportion as may be
fixed by the rules
Financial services - To provide financial services to its members
General society - To perform any act which is not specified in
this column in respect of the following item—
Agriculture and farming;
Consumer and retail trade;
Financial services;
Manufacturing and food production;
Marketing and supply; or
Social and service
Manufacturing and food - To process raw materials and other inputs
production into finished goods
Marketing and supply - To supply production inputs to members and
market or process their products
C49 – 65 [Issue 9]
Co-Operatives Act
FOURTH SCHEDULE—continued
Class of society Objects
Multi-purpose - To have for objects the objects of any 2 or
more of the societies specified in the
following items—
Agriculture and farming;
Consumer and retail trade;
Financial services;
General society;
Manufacturing and food production;
Marketing and supply; and
Social and service
Social and service - To engage in housing, health care, child care,
transport, communication, care for elderly
and the sick and other services
FIFTH SCHEDULE
[Section 118 (2) (b)]