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

Regulations

Co-operatives Administrative Regulations, 2016

Chapter 1 : Co-operative Registration and Support

Part 1 : Co-operative Registration, Governance and Maintenance

19. Monetary thresholds for primary co-operatives

 

The monetary thresholds for the co-operative's annual revenue as per its financial statements or projected annual revenue to categorise primary co-operatives for purposes of sections 15A and 47 of the Act are as follows:

(a) Less than R1 Million constitutes a Category Al Primary co-operative which is a very small primary co-operative;
(a) At least R 1 Million but less than R10 Million constitutes a Category A2 primary co-operative which is a small primary co-operative;
(b) At least R10 Million but less than R25 Million constitutes a Category B primary co-operative which is a small to medium primary co-operative; and
(c) R25 Million or more constitutes a Category C primary co-operative which is a medium to large co-operative.

 

 


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