Co-Operative Societies Act 1993 · Updated to 1 Apr 2015 · Part V · Organization and Management of Registered
43. Eligibility for appointment to the Board
Feedback & supportNo person shall be eligible to be appointed to the Board or remain as a member of the Board of a co-operative society if he has been—
Board
“Board” means the governing body of a co-operative society to whom the management of its affairs is entrusted;
convicted for an offence under this Act; or
dismissed as an officer of a co-operative society.
Notwithstanding subsection (1) and subject to any directives or guidelines as the Commission may specify, a co-operative society shall, prior to the appointment or reappointment of any person as a member of the Board, seek verification from the Commission on whether such person satisfies the fit and proper criteria as may be specified by the Commission.
Commission
“Commission” means the Malaysia Co-operative Societies Commission established under the Malaysia Co-operative Societies Commission Act 2007;
Upon verification that such person has satisfied the fit and proper criteria under subsection (2), the co-operative society may appoint or re-appoint such person as a member of its Board.
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;
From the third year of registration of a co-operative society, no person shall be appointed to be a member of the Board of such co-operative society unless he has been a member of such co-operative society for a minimum period of two years.
member
“member” includes a person or a co-operative society joining in the application for the registration of a co-operative society and who has signed the minutes of the inaugural general meeting of the co-operative society and a person or co-operative society admitted to membership of the co-operative society in accordance with the regulations and its by-laws after registration;
Subsection (4) shall not apply to a co-operative society with fifty or less members and to a school co-operative society.