Co-operatives Act, 2005 (Act No. 14 of 2005)

Chapter 8 : Amalgamation, Division, Conversion and Transfer

Purchase

(1)	A co-operative that undertook to amalgamate, divide, convert or transfer, must pay the prescribed fee to the registrar.

(2)	The Minister must, after consultation with the registrar, by notice in the Gazette prescribe—

(a)	the fees payable in respect of matters contemplated in subsection (1);

(b)	the person by whom the fees must be paid;

(c)	the manner of payment of such fees; and

(d)	where necessary, the interest payable in respect of overdue fees.

[Section 70A inserted by section 53 of Notice No. 558, GG 36729, dated 5 August 2013]