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Section 4

of Co-Operative Societies Act 1993

ActIn forceProvision 4 of 119

Section 4

(1)

A co-operative society which consists of individual persons only and which has as its object the promotion of the economic interest of its members in accordance with co-operative principles may be registered under this Act as a primary co-operative society.

(2)

A co-operative society which consists of primary co-operative societies only and which has as its object the facilitation of the operations of such co-operative societies may be registered under this

Act as a secondary co-operative society.

(3)

A co-operative society which consists of secondary co-operative societies only or of secondary and primary co-operative societies and which has as its object the facilitation of the operations of such co-operative societies may be registered under this Act as a tertiary co-operative society.