Co-Operative Societies Act 1993 · Updated to 1 Apr 2015 · Part V · Organization and Management of Registered
38. Inaugural general meeting
Feedback & supportThe inaugural general meeting of a proposed co-operative society shall be held by its proposed members to—
inaugural general meeting
“inaugural general meeting” means the general meeting at which persons desirous of forming a co-operative society resolve to form the co-operative society, to adopt the by-laws proposed for the co-operative society and to apply for the registration of the co-operative society;
agree on the submission of the application of the co-operative society to be registered;
adopt the proposed by-laws;
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elect the members of the Board; and
carry out such other matter as may be required by its by-laws or the Commission.
The inaugural general meeting provided in subsection (1) shall have all the powers similar as in the annual general meeting under section 39 and the members shall have the same rights at the inaugural general meeting as provided for under the regulations and by-laws.