Co-Operative Societies Act 1993 · Updated to 1 Apr 2015 · Part III · Duties and Privileges of Co-Operative Societies
14. Documents to be lodged with the Commission
Feedback & supportEvery co-operative society shall lodge with the
co-operative society
“co-operative society” means an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically controlled enterprise which is registered under this Act;
Commission—
Commission
“Commission” means the Malaysia Co-operative Societies Commission established under the Malaysia Co-operative Societies Commission Act 2007;
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a list of members of the Board not later than fifteen days after its annual general meeting;
minutes of all general meetings not later than thirty days after the date of the meetings;
such other information as the Commission may require in regard to the constitution, membership, working and financial condition of the co-operative society , including the minutes of the Board meeting.
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—
conviction
“conviction” includes a finding of guilt and the proving of an offence; Co-operative Societies 11
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
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.