Malaysia Co-Operative Societies Commission Act 2007 · Updated to 1 Oct 2023 · Chapter 3
Malaysia Co-Operative Societies Commission Act 2007 · Updated to 1 Oct 2023 · Chapter 3
Official textFrom Laws of Malaysia Online, unchanged
Within two years of coming into operation of this section or such longer period not more than five years as may be permitted in writing by the Commission, all co-operative societies shall deposit their funds not immediately needed for operations or investments into the Co-operative Deposit Account.
Commission
“Commission” means the Malaysia Co-operative Societies Commission established under section 3;
The Commission may, with prior written approval of the
Minister, make regulations on the scope, operation and management of the Co-operative Deposit Account.
Minister
“Minister” means the Minister charged with the responsibility for co-operative development;
Co-operative Deposit Account
“Co-operative Deposit Account” means an account established under section 43;
Commission
“Commission” means the Malaysia Co-operative Societies Commission established under section 3;
Minister
“Minister” means the Minister charged with the responsibility for co-operative development;
Part VI
Part VII