Skip to content
In forceUpdated to 1 Apr 2015Read it in Bahasa Malaysia

Part III · Duties and Privileges of Co-Operative Societies

13. Documents open to inspection

Feedback & support
(1)

Every co-operative society shall keep—

22 Laws of Malaysia ACT 502

(a)

a copy of this Act and the regulations or orders, directives or guideline;

(b)

a copy of its by-laws and last audited accounts;

(c)

a list of its members;

(d)

a list of the members of the Board;

(e)

the name of its chief executive officer, if any; and

(f)

a list of officers of the co-operative society concerned with the management of the co-operative society, if any, open to inspection, free of charge, at all reasonable times at the registered address of the co-operative society to members only.

(2)

Any co-operative society or officer of the co-operative society who fails to comply with subsection (1) commits an offence and shall, on conviction—

(a)

in the case of a co-operative society, be liable to a fine not exceeding two hundred thousand ringgit and shall in addition , be liable to a daily fine of one hundred ringgit for each day during which the offence continues after conviction; or

(b)

in the case of an officer of the co-operative society, be liable to a fine not exceeding two hundred thousand ringgit or to imprisonment for a term not exceeding one year or to both and shall in addition, be liable to a daily fine of one hundred ringgit for each day during which the offence continues after conviction.

Report

Part IV

Rights and Liabilities of Members

Part V

Organization and Management of Registered

Part VI

Property and Funds of Co-Operative Societies

Part VII

Accounts and Audit

Part VIII

Inspection, Inquiry, Dissolution and Disputes

Part IX

Miscellaneous

Part X

Repeal, Saving and Transitional

Schedules