Malaysia legislation
Section 3
Section 3
(2)
The Registrar-General may appoint such number of public officers as may be necessary to be Registrars to assist him and the Registrars shall, subject to the control of the Registrar-General, have all the powers and functions of the Registrar-General except those specified in sections 65, 69, 71, 72, 80, 92 and 93.
(3)
The functions of the Registrar-General shall be—
(a)
to register and revoke the registration of cooperative societies and to ensure that the cooperative societies function in accordance with the provisions of this Act;
(b)
to advise the Minister on any matter relating to co-operative societies;
(c)
to encourage and promote the establishment and development of co-operative societies in all sectors of the economy and to help cooperative societies increase their efficiency.
(4)
In addition to the powers, duties and functions conferred on the Registrar-General by this Act and the regulations, the Registrar-General shall have and may exercise all such powers, discharge all such duties and perform all such functions as may be necessary for the purposes of giving effect to and carrying out the provisions of this Act.
(5)
The person for the time being discharging the duties of Registrar-General and his successors in office shall be a body corporate under the name of "Registrar-General of Co-operative Societies, Malaysia" (in this section called the "corporation"), which shall have perpetual succession and a corporate seal and which may—
(a)
enter into contracts and sue and be sued in its said name;
(b)
acquire, purchase, take, hold and enjoy movable and immovable property of every description; and
(c)
sell, convey, assign, surrender and yield up, mortgage, charge, demise, re-assign, transfer or otherwise dispose of any movable and immovable property vested in the corporation upon such term as to the corporation seems fit.
(6)
The corporate seal of the corporation may from time to time be broken, changed, altered and made anew as to the corporation seems fit, and until a seal is provided under this section a stamp bearing the inscription "Registrar-General of Co-operative Societies, Malaysia" may be used as the corporate seal.
(7)
All deeds, documents and other instruments requiring the seal of the corporation shall be sealed with the seal of the corporation in the presence of the officer for the time being discharging the duties of Registrar-General who shall sign every such deed, document or other instrument to which the corporate seal is affixed, and such signing shall be sufficient evidence that such seal was duly and properly affixed and that it is the lawful seal of the corporation.
(8)
The corporation shall maintain proper records and accounts in respect of its transactions and the accounts shall be audited annually by the Auditor General.