Co-Operative Societies Act 1993 · Updated to 1 Apr 2015 · Part III · Duties and Privileges of Co-Operative Societies
17A. Application of by-laws
Feedback & supportAny by-laws of a co-operative society which are inconsistent with the provisions of this Act shall be void to the extent of its inconsistency.
by-laws
“by-laws” means the registered by-laws made by a co-operative society in the exercise of any power conferred by this Act, and includes a registered amendment of the by-laws;
Subject to any regulations or orders or directives or guidelines, every co-operative society shall review its by-laws and effect the
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necessary amendments within two years from the date of coming into operation of this Act, or such further period as approved by the
Commission, to ensure its by-laws are consistent with this Act.
Commission
“Commission” means the Malaysia Co-operative Societies Commission established under the Malaysia Co-operative Societies Commission Act 2007;
Where the co-operative society, after the review or amendment carried out under subsection (2), is of the opinion that its by-laws are consistent or otherwise, the Board of the co-operative society shall notify such fact to the Commission.
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;
Any co-operative society or officer of the co-operative society who fails to comply with subsection (2) 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 six months 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.