Co-Operative Societies Act 1993 · Updated to 1 Apr 2015 · Part VIII · Inspection, Inquiry, Dissolution and Disputes
84A. Co-operative society business based on Syariah
Feedback & supportAny co-operative society carrying on business or activity based on Syariah may, from time to time, seek the advice of the Syariah
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;
Advisory Council on the operation of its business or activity in order to ensure that it is in accordance with Syariah.
Any co-operative society carrying on business under subsection (1) shall comply with any written directions issued from time to time by the Commission, in consultation with the Syariah
Commission
“Commission” means the Malaysia Co-operative Societies Commission established under the Malaysia Co-operative Societies Commission Act 2007;
Advisory Council.
For the purpose of this section, “Syariah Advisory Council”
means the Syariah Advisory Council established under subsection 16B(1) of the Central Bank of Malaysia Act 1958 [Act 519].
84 Laws of Malaysia ACT 502