Co-Operative Societies Act 1993 · Updated to 1 Apr 2015 · Part III · Duties and Privileges of Co-Operative Societies
19A. Branch of co-operative society or subsidiary
Feedback & supportNo co-operative society or subsidiary of a co-operative society shall open any branch in or outside Malaysia without the prior written approval of 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 (1) commits an offence and shall, on conviction, be liable to a fine not exceeding two hundred thousand ringgit.
conviction
“conviction” includes a finding of guilt and the proving of an offence; Co-operative Societies 11