Section 5
Conditions for registration
of Co-Operative Societies Act 1993
ActIn forceProvision 5 of 119
Section 5
(1)
Subject to section 8, no co-operative society shall be registered as a primary co-operative society unless—
(a)
it consists of at least fifty individual persons; and
(b)
each of such individual persons is qualified for membership under section 26 and is not disqualified for membership under section 27.
18 Laws of Malaysia ACT 502
(2)
No co-operative society shall be registered as a secondary co-operative society unless it consists of at least two primary co-operative societies.
(3)
No co-operative society shall be registered as a tertiary co-operative society unless it consists of at least two secondary co-operative societies.