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Section 59: Contracting out management of society

Co-operatives Act · PART VIII: MANAGEMENT OF SOCIETY

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.

59. Contracting out management of society (1) A society may contract out the management of its business on such terms and conditions as it may determine to a management organisation where a resolution to that effect is passed at a general meeting of the society. (2) The Registrar shall be informed of the resolution and a copy of the contract shall, within 7 days of the resolution, be submitted to the Registrar. PART IX – PROPERTY AND FUNDS OF SOCIETY

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