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Section 3: Code of best practices for members

Co-operatives Act · FIFTH SCHEDULE

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.

3. Code of best practices for members (1) In this code— “member” has the same meaning as in the Co-operatives Act. (2) (a) Every member shall know his rights as member and exercise those rights as member/owner of the society. (b) Every member shall have access to relevant and required information on a timely basis and in an understandable manner for analysis and comments thereon. (c) Every member shall have the right to serve as a director unless he is not qualified to be a director under section 48 of the Act. (3) Every member shall participate actively and fully in all activities of the society and in deliberations at the annual general meetings and any special general meeting. (4) (a) Every member shall abide by the rules of the society and observe co-operative values and principles. (b) Every member shall refrain from acting to the detriment of the society. (c) Every member shall be aware that he should settle his liabilities/debts relating to the society and avoid legal proceedings;

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