Section 18
Amendment of the by-laws of a co-operative society
of Co-Operative Societies Act 1993
Any co-operative society may, subject to this Act and the regulations, amend its by-laws, including the by-law which declares the name of the co-operative society.
(2)
No amendment of the by-laws of a co-operative society shall be valid until that amendment has been registered under this Act, for which purpose copies of the amendment shall be forwarded to the
Commission.
26 Laws of Malaysia ACT 502
(3)
If the Commission is satisfied that any amendment of the by-laws is not contrary to this Act or to the regulations, the Commission may register the amendment.
(4)
An appeal against the refusal of the Commission to register any amendment of any by-laws may be made to the Minister and such appeal shall be made within three months from the date of such refusal.
(5)
An amendment which changes the name of a co-operative society shall not affect any right or obligation of the co-operative society or of any of its members or past members, and any legal proceedings pending may be continued by or against the co-operative society under its new name.
(6)
When the Commission registers an amendment of the by-laws of a co-operative society, the Commission shall issue to the co-operative society a copy of the amendment certified by the
Commission, which shall be conclusive evidence of the fact that the amendment has been duly registered.
(7)
In this section, “amendment” includes the making of a new by-law and the variation or rescission of a by-law.
Power of the Commission to direct the convening of a general meeting for amendment of by-laws