Malaysia legislation

Section 8

of MALAYSIA CO-OPERATIVE SOCIETIES COMMISSION (AMENDMENT) ACT 2023

Section 8

Section 15 of the principal Act is amended—

(a)

by substituting for subsection (1) the following subsection:

“(1)  An officer of a co-operative society, as defined in section 2 of the Co-operative Societies Act 1993, shall not be appointed or remain as a director.”; and

(b)

by substituting for subsection (2) the following subsection:

“(2)  The Minister may at any time revoke the appointment of any director without giving any reason therefor.”.

Amendment of section 19

Section 8 — AKTA SURUHANJAYA KOPERASI MALAYSIA (PINDAAN) 2023