South Africa Act or statute

Parliament of the Republic of South Africa

Co-operatives Amendment Act, 2013

access to informationadjudicationadjudication hearingsadministrative supportadvisory board compositionadvisory council establishmentagency establishmentagency governanceagency operationsagency structureamalgamationamalgamation/division/conversion/transferamendmentamendmentsannual complianceannual feesannual filingannual reportingannual reportsAnti-corruptionappealsapplication approvalapplication of legislationapplication processappointment proceduresappointmentsassessmentassociation dissolution procedureauditaudit accessaudit complianceauditingauditor appointmentauditor attendanceauditor disqualificationauditor independenceauditor removalauditorsbanking regulationboard appointmentsboard authorityboard compositionboard declarationboard dissolutionboard finesboard notificationboard oversightboard powersboard supervisionboard/management governancebudgetingbusiness associationsbusiness name usebusiness namesbusiness supportclaims/debtsco-operative administrationco-operative compromiseco-operative constitutionco-operative constitution updatesco-operative developmentco-operative dispute resolutionco-operative governanceco-operative membershipco-operative membership sharesco-operative ratificationco-operative records accessco-operative registrationco-operative regulationco-operative supportco-operative support servicesco-operativescommencementcommission mediationcommissions and rewardscommittee procedurecommunity developmentcompany compliancecompany constitutioncompany dissolutionCompany lawcompany meetingscompany recordscompany registrationcompliancecompliance reviewconflict of interestconflicts of interestconstitution requirementsconstitutional complianceconstitutional documentsconstitutional requirementsconsultationcontract acceptancecontract liabilityconversion of co-operativesconversion of entitiesconversion to co-operativecooperation policycooperative administrationcooperative regulationcooperative societiescooperativescorporate distributionsCompany law Company lawcorporate restructuringcorporate transactionscourt applicationscourt enforcementcourt orderscourt powerscreditor noticedefinitionsdelegationdelegation of functionsdirector appointmentsdirector conductdirector declarationsdirector resignation or removal reportingdisclosuredispute resolutiondissolutiondocument filingdocument productiondocument retentionemployee conductemployee informationEmployment lawemployment complianceemployment registrationentity namingentity registrationentrepreneurshipevaluationevidence handlingexemption compliancefalse statementsfee paymentfeesfiling deadlinefilingsfinancefinancial assistancefinancial distributionfinancial managementfinancial planningfinancial recordsfinancial reportingBanking and financefinancial services definitionfinancial statementsfinancial well-beingfinesformation requirementsfounder membersfund managementfundinggazette noticegazette noticesgazette proclamationgazette publicationgovernancegovernment administrationgovernment coordinationgovernment oversighthearingshousing associationshousing co-operativesincorporationincorporation certificatesindependent reviewindependent reviewerindependent reviewer disqualificationindustry classificationinformation requestsinformation rightsinsolvencyinsolvency administrationinspectioninspection and complianceinsurance regulationinterest paymentsintergovernmental coordinationinvestigationinvestigationsinvestigations and inspectionsjudicial managementlabour compliancelabour exemptionslease registrationlegislation updatelegislative changeliabilityliquidationloansmarket developmentmedical schemesmeeting minutesmeeting proceduresmeeting rightsmeetingsmember appealmember circulationmember deathmember death payment deferralmember fundsmember interestsmember meetingsmember paymentsmember reportingmember representationmember share repaymentmember sharesmember surplusmember votingmembershipmembership liabilitymembership repaymentmembership sharesmembership shares repaymentmembership terminationministerial directivesministerial form and timing requirementsministerial oversightministerial regulationminutesmonitoringmonitoring and evaluationmonitoring and reportingnotice requirementsoffencesoffences and penaltiesoffice tenureorganizational governanceparliamentary reportingpartnership administrationpartnership liabilitypatronage distributionspayment deferralpenaltiespermission to depart from labour lawspolicypost-amalgamation liabilitypre-incorporation contractspricingprimary co-operativesprocedural supportprocedureprocedure-makingproxy appointmentsproxy votingpublic administrationpublic agency establishmentpublic proceedingspublic-private partnershipsratificationrecord filingrecord keepingrecord-keepingrecordkeepingrecords accessreferralsreferrals to tribunalregional branchesregistered officeregistersregistrar filingregistrar filingsregistrar procedureregistrationregistration approvalregistration documentsregistration recordsregistration thresholdsregistry administrationregulation publishingregulatory approvalsregulatory complianceregulatory feesregulatory filingregulatory frameworkregulatory noticesregulatory reportingregulatory scoperegulatory submissionsremoval of officeholdersrepayment deferralrepealreportingreporting correctionsreportsreserve capitalreserve fundsreserved namereservesrevenue thresholdsschedule amendmentschedulessearch and seizuresearch warrantssecurityservice deliveryshare certificatesshare issuanceshareholder entitlementssocial co-operative governancestakeholder engagementstatute structurestatutory amendmentstatutory compliancestatutory interpretationstatutory terminologystrategic planningsummonssupport obligationssuspension of paymentsterminologytrade companiestrainingtribunal appointmentstribunal establishmenttribunal hearingstribunal powerstribunal procedureturnover/expected incomeuse of confidential informationvacancy fillingvotingvoting rightswinding upwinding-upwitness evidenceworker co-operativesworkplace dispute resolution

Jurisdiction: South Africa
Structure: 435 provisions
Citation: Act 6 of 2013
Dates: updated 5 Aug 2013

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Dates: updated 5 Aug 2013

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Purpose and legislative effect

“This section amends section 1 of the Co-operatives Act, 2005 by changing and adding definitions, including replacing the definition of “Advisory Board” with “Advisory Council”.”

This section amends section 1 of the Co-operatives Act, 2005 by changing and adding definitions, including replacing the definition of “Advisory Board” with “Advisory Council”. This section amends and adds several definitions used in the co-operatives law. This section changes the Act’s objectives to focus on promoting equity, support for co-operatives, agency coordination, and public-private partnerships. A co-operative must follow the Act’s co-operative principles, give each member one vote in category A and B primary co-operatives, and set aside a percentage of surplus as an indivisible reserve under section 46(1). This amendment adds purposes about improving participation and support for disadvantaged groups, cooperatives, and public-private cooperation, with some details to be set by the Minister through notice in the Gazette.

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Source record from www.parliament.gov.za · updated 5 Aug 2013

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