Section 4
Societies which may be registered. [S 61/2012]
ActIn forceProvision 4 of 78
Section 4
(1)
A society which consists only of persons and which has as its object the promotion of the economic interest of its members in accordance with co-operative principles may be registered under this Act as a primary society.
(2)
A society which consists only of primary societies and which has as its object the facilitation of the operations of such societies may be registered under this Act as a secondary society.
(3)
A society which consist only of secondary societies, or of secondary and primary societies, and which has as its object the facilitation of the operations of such societies may be registered under this Act as a tertiary society.