Section 5
of Co-Operative Societies Act 1948
Section 5
No society, other than a society of which a member is a registered society, shall be registered under this Ordinance, which does not consist of at least terr persons each of whom is qualified under section 21 for membership under this Ordinance.
(3)
The word 'limited' or its vernacular equivalent shall be the last word in the name of every society with limited liability registered under this Ordinance.
(2)
The word "co-operative" or its vernacular equivalent shall form part of the name of every society registered under this Ordinance.
(4)
When for the purposes of this section any question arises as to age, residence or occupation of land constituting the qualification of any person, that question shall be decided by the Registrar whose decision shall be final.