Cooperative (Amendment) Act of Bhutan, 2009

Article 1: Title, Commencement and Extent. (1) Be it enacted by Parliament in its second session as follows: (2) This Amendment shall be called the Cooperative (Amendment) Act of Bhutan, 2009; and (3) It shall come into force on the 28th day of the 6th month of the Earth Female Ox Year of the Bhutanese calendar, corresponding to 18th Day of August, 2009. (4) It shall extend to the whole Kingdom of Bhutan.

Article 2: Definition of Terms (1) Co-operative means an association of persons united voluntarily to meet their common economic needs and aspirations through a jointly owned and effectively governed enterprise. The Co-operative (Amendment) Act of Bhutan, 2009 1 ุุ๪୛ภ๥ᆸ๧ภഖຉ๥ภ๷ᆮ๧ภ๴๪๥ภ๧ᆩภ๪଱๥ภ๪಻๷ย ุู๥ᆸ๧ภ๮๧ภ๹ᆸภ๹ᆸภ๴๪๥ภ๛ภ๗ุู๥ᆸ ๧๹ภ๴๪๥ภ๧ ๮ଥ๧ภ๙ภ๹๪ยᆸภ๹ᆸภ๴๪๥ภ๛ภ๗๧๹ภ๴๪๥ภଥ๙ภ๪ย ุู๥ᆸ๧ภ๮๧ภ๹ᆸภ๹ᆸภ๴๪ ุู๥ᆸ๧ภ๮๧ภ๹ᆸภ๹ᆸภ๴๪๥ภ๛ภ๗๧๹ภ๴๪๥ภଥ๙ภ๪ย     ๴࣡๗ภ๗ᆩภ๬๝๬ภ๷๹ภ๮ᇍ๗ ๴࣡๗ภ๗ᆩภ๬๝๬ภ๴࣡๗ภ ๷๹ภ๮ᇍ๗๗๹ภᆩภ๬ഁ๝๬ภງ๴๿ภ๪๷๚๴ภ ๹ภ๮Ȳᇍ๗๿๬๹ภ๹ภഁ๴ࡴ๿ງ๴๿ภ๪๴࣡๗ภ ภഎ๚๴ภຉ๧ ๗Ȳืีี฾๚๧ภ ᆩภ ๿๬ ๹ภ๝๬ภ๷๴ࡴ๿๹ภഎ๮๬ຉᇍ๧๗ย๹ภഁງ๴๿ภ๪ ืีี฾๚๧ภ ๚๴ภȲ๿๬ย๹ภ ๴ࡴ๿ภഎຉ๧ ืีี฾๚๧ภ๬ย ๬๮๧ภ๗๧๹ย ๬๮๧ภ๗๧๹ย ๬๮๧ภ ๗ ๧๹ย ๬๮๧ภ๗๧๹ย ๴๗ᆸภ๪ିຉ๥ย ๴๗ᆸภ๪ିຉ๥ย ๴๗ᆸภ๪ିຉ๥ย ๴๗ᆸภ๪ିຉ๥ย ๥๨๷ภ๴ࣟຉᆧภ๗ᆸ๙ภ๴๩ᆮ๷ ๥๨๷ภ๴ࣟຉᆧภ๗ᆸ๙๥๨๷ภ ภ๴๩ᆮ๷๴ภ๩ࣟຉ๧ภᆧ๤ภ๗๪๹ภᆸ๙ภ๴க๩ᆮ๷ภ๩๬๝๬ภ ๧ภ๤๷๪๹ภ ๥๨๷ภ๮கᇍ๗๴๹ภࣟຉഁᆧງ ภ๬๝๬ภ ᆸ๙ ๷๴๩ᆮ๹ภ๧๷๮ᆩ๴ภᇍ๩๗๿ภ๧ภ๹ภ๤ഁȲ๿๬ງภ๪๪๹ภ๹ภக ๪๗অ๗๹ภ অ๗๹ภ ű๿ภଳ๪ภ๧ᆩ๴୑ງ๧๿ภ๬๝๬ภ ภ๪๚๴ภ ๷Ȳ๿๹ภ๬Ȳ๿๮๹ภ๬ᇍ๗ű๹ย๿ภ๹ภଳഁ๪ภງ ๪୑ງ๧ภঅ๗๹ภ ๪๚๴ภ๧ᆩ๴ Ȳ๿๬๹ย Ȳ๿๬๹ย Ȳ๿๬๹ย  ๷ᆮ ્ภ๥๙ภ๨ย  ๷ᆮ્ภ๥๙ภ๨ย 4 4 ๴๗ᆸภ๪অ๗๹ย ๴๗ᆸ ภ ๪ অ๗๹ย   Ȳ๿๬๹ภ๥ᆸ๧ภึ๨ย๬๿๙ภ๗๧๹ภ๥๙๴๗ᆸภ๪অ๗๹ภ Ȳ๿๬๮๹ภᇉ๹๥ภˠᆸ๧๙๹ภ ภึ๨ย๬๿ ๥๙ภȬ๪ภ๙ภ๮๗๥ย ๧๹ภ๥๙๴๗ᆸภ๪অ๗๹ภ๮ᇉ๹ภˠ๙๹ภ๥๙ภȬ๪ภ๮๥ ึ ๴࣡๗ภ๗ᆩภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๪๚๴ภึȲ๿๬๹ภ๴࣡๗ภ๴ࡴ๿๗ภᆩภഎ๬ຉ๧๝๬ภ๷ ืีี฾๹ภ๮ᇍ๗๹ภ๚๧ภഁງ๬๴๿ภ๴๪๥ᆩภ๚๴ภȲഓ๿๿๬ภ๮๹ภᇍ๗๹ภ ๴ࡴ๿ภഎຉ๧ ืี ๥๙ภ๨๴๿ภ๮ᇍ๗๹ภ๤ᆮ๙๹ภ๗๝ᆩ๹ภ๨๴๿ภ๧๙ภ๛ภ๴๜ᆸ๗ภ๬๥๙ภ๯๥ภ๨๴๿˟ภ๮๪ยᇍ๗๹ภ๤ᆮ๙๹ภ๗๝ᆩ๹ภ๨๴๿ภ๧๙ภ๛ภ๴๜ᆸ๗ภ๬๯๥ภ˟๪ย ื ๴ࡴ๿ภഎຉ๧ภ๴๥ᆩภ ๴࣡๗ภ๗ᆩภ๬๝๬ภ๷ื ๹ภ๮ᇍ๗๹ภ๴ࡴ๿ഁງ๴ภഎ๿ภ๪ຉ๧๚๴ภภ๴๥ᆩȲภ๿๬๹ภ ๴࣡๗ภ ๴ࡴ๿ภഎ๗ຉ๧ᆩภ๬๝๬ภืีี฾๚๧ภ ๷๹ภ๮ᇍ๗๹ภ๬ഁภ ງ๴๿ภ๪๚๴ภȲ๿๬๹ ๳ງᆧภ๪ିຉ๥ภ๥๗ᆸย ๳ງᆧภ๪ିຉ๥ภ๥๗ᆸย ุ ๗๧๬ภ๷ᆸภ๹ภ๬ຉภˣ๙ภ๷ᆸภૅภ฻๨๴๿ุ ภ๮ᇉ๹ภื฽க๴๬ภ๗๧๬ภ๷ᆸภ๹ภ๬ഓ๿ຉภˣภ๷๙ภᆸ ๷ืีี฾ૅภ ᆸภૅภ฻๨๴๿฽๨๴๿ ภ๮ᇉ๹ภภ๮ื฽க๴๬ภ ᇉ๹ภ ഓ๿ภ๷ ึ฽๷๹ภ๪ೲᆧภഓຉ๥ภ๴๪๥ภ๥๗ᆸย ึ฽๷๹ภ๪ೲᆧภഓຉ๥ภ๴๪๥ภ๥๗ᆸย ู ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๗ᆩ๹ภ๴࣡๗ภଳ๷ภ๵ᆸ๙ู๹ภகภȬ๪ภ๪๚๴ภ ৄ๗๹๨ภ Ȳ๿๬๼๹ภᆩ๧๴ย๥ᆩภ๗ᆩ๹ภ๴࣡๗ภଳ๷ภ๵ᆸ๙๹ภகภȬ๪ภৄ๗๹๨ภ๼ᆩ๧ย   Ȳ๿๬๹ภ๥ᆸ๧ภื๨ย๬๿๙ภ๮ᇇ๗ภ๗ᆩภ๙ᆮ๹ภ๮ᇇ๗ย Ȳ๿๬๹ภ๥ᆸ๧ภื๨ย๬๿๙ภ๮ᇇ๗ภ๗ᆩภ๙ᆮ๹ภ๮ᇇ๗ย ึ ᅂ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภᅃ ๳ງᆧภ๬๿ภ๴ึ๥ᆩภ ๬๿ภ๗ᅂ๬๝๬ภ ᆩภ๮ᇍ๗๹ภ๷๨๹ภภ๚๮ᆩ๗ᇍ๗ภ๹ภ‫ڧ‬๙ภ ഁງภᅃࣧ๙๹ภ๳ງᆧ๬ภ๬‫ك‬๧ภ๿ภ๴๥ᆩ೏ภ๿๷ภ๗๬๿๚ᆩภ๗ᆩภ๮ภ ᇍ๗๹ภ๨ภ๚ᆩ๗ภ ˙ᆧภ˚๿๹ภ ๬๝๬ภ๪ഁຉ๬๹ภű๿ภ๪๥๗ภ๥๪๙ภ๥๙ภ˙ᆧภ  ๥ᆸ˚๧๿๹ภഭภ๿๧ภ๬๝๬ภ ๥๪๙ภು๪ຉ๙ഁຉภ๬๗๹ภᆩภ๮ᇍ๙ű๿ภ๷๪๥๗ภ๹ภ๤๥ᆸ๗๪๙ภ ภ๷๹ภ๥๖๙ภᆸ๙ภ ๥ᆸ๧ภഭ๿๧ภ๥๪๙ ᆧภഓ๿ภ๤ᆸ๗ภ๖ภகภ๬๖ᆸภ๛ᆮภ๪๴๿ภ๥๨๷ภ๴ࣟຉᆧภ˚๿ภ๥๗ᆸᆧภ๹ ഓ๬๿ภ๖ᆸ๤ภᆸ๗๥ภ๙ภ๖ᆧภகງภ๴ภ๬๥ᆸ๖ᆸ๥ภ๛ภৄᆮภ๪ภ๴๿ภ๥๴˟๹ภ ๨๷ภ๴๤ࣟຉ๪๹ภᆧภ˚๴๿ภ๪๥ภ ๥๗ᆸ๹๬ภ๿ ๬๖ᆸภ๥๙ภᆧງภ๴๥ கภ๗ᆸย கภ๗ᆸย  ¿ འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་5ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། (2) Primary Co-operatives means the first level of co-operative under this Act formed either by individual farmers, individual non farmers, farmers’ groups, whose main purpose is the provision of quality products and services to satisfy the economic needs of the members and their communities. (3) Federation of co-operatives means the second level of co- operative under this Act organized by primary cooperatives that operate in the same industry or are selling similar products and services. (4) Union of co-operatives means the national apex organization of all co- operatives in the Kingdom of Bhutan. (5) Special type of co-operatives means the co-operatives that are not classified under the other types of co-operatives. In this Act these co-operatives are the co-operative banks and insurance co-operatives (6) General assembly means the highest body within the co-operative structure composed of qualified members. (7) Board of directors means the policy-making body of the co- operative whose members are elected by the General Assembly. The Co-operative (Amendment) Act of Bhutan, 2009 2 ื ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๳ງᆧภ๬๿ภ๴๥ᆩภ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๪অ๗๹ภ ๨๴๿ภ๗ᆸภᆧ๿๬ภ๥๙ภ๨๴๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๴๥ᆩภகภ๗ᆸภ๧ᆩภ๥๙ภ ๥ᆮภ๵๙ภ๮ᇍ๗๹ภഁງภ๴๥ᆩภ ๹ᆸภ๧๬ภ๨ภ ๥๙ภ๹ᆸภ๧๬ภ๨ภ๬ภ๵ᆩ๧ภ๨๴๿ภᆧ๙ภ๹ᆸᆧภ˚๿๹ภ๮ᇍ๗๹ภ๬๿ภഁງภ๮๧ภ๵๙ภ๧ภ๹ᆸภ๧๬ภ๨ภ๥๙ภ๹ᆸภ๧๬ภ๨ภ ๬ภ๵ᆩ๧ภ๨๴๿ภഁງภ๮๧ภৄภ๗ᆩ๹ภ๮ᇍ๗๹ภ๬๿ภகภ๗ᆸภ๧ᆩภ๼ᆩ๧ย ഁງภ๮๧ภ๴๥ᆩภ๗ᆩภ๥ᆮ๴๿ภ๥๗ᆸ๹ภ๥ᆸ๧ภ๗๭ᇍภ๪ᆸภ๴๥ᆩภ ๴‫ك‬๹ภ๬๿ภৄภ๥๙ภ ๴‫ك‬๹ภ๬๿๴๿ภ ๬๿ภഁງภ๗ᆩภ๬๖ᆸภ๥ᆸ๧ภ๥๨๷ภ๴ࣟຉᆧภৄภ๗ᆩภ ഏ๹ภ๮๥ภ๴๤ᆸ๧ภ๪ುງ๥ภ ๥๙ภ๲๪๹ภ๣ᆸ๗ภ๗ᆩภஔภৄภ๙ᆮ๹ภ๸ᆮ๹ภ๴‫ۑ‬ຉ๙๹ภ๣ᆸ๗ภ๣ᆸภ๪๳ຉภ๧ᆩ๴๿ภ๥ᆸ๧ภகภ๼ᆩ๧ย ุ ᅂഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๴๗ᆸภ ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆩ๹ภ๴๗ᆸภ๴‫ۑ‬ງ๧ภ๤ᆸ๗ภ๪অ๗๹ภ๨๴๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภகภ๗ᆸภ๧ᆩภ ๥๙ภ ๮ᇍ๗๹ภഁງภ๴๥ᆩภ ๪๳ຉภˠภ๴ࡳ๷ภ๖๙ภ๚ᆸ๗ภ๤๥๨ภৄภ๗ᆩภ๧๙ภக๷๗ภ๷ᆮ๧ภ๴๤๪ภ๬๿ภ๥๙ภ ๵๙ภ ๧ภ ๴๤ᆸ๧ภ๪ುງ๥ภ๚ᆸ๗ภ๴๤๥๨ภ๴๪๥ภ๬๿ภ๗ᆩภ๮ᇍ๙ภ๪ೊᆧภ๥๙ภ๲๪๹ภ๣ᆸ๗ภ๗ᆩภ๗๵ᆸ๗ภஔภৄภ๴๪๥ภ๬๿ภகภ ๗ᆸย ู ᅂ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງᄯภ௟ງภ๪ภᅃ๳ງᆧภ๬๿ภ๴๥ᆩภ ๴࣡๗ภଳ๷ภ๖๪ภ๧๙ภ๗ᆩภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ ๗ภ ᆧภ๗ᆩภ๗๭ᇍภ๪ᆸภଳ๷ภ๵ᆸ๙๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ௟ງภ๪ภகภ๗ᆸย ฺ ᅂ๥๬๿๗๹ภ๪๹๷ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภᆧ๿๗๹ภᅃ๳ງᆧภ๬๿ภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗๲๧ภৄภ ๗ᆩภ๴ຉ๗ภ๗ᆩภ๥ࣟງภ๪๴๿ภ๧๙ภகภ๬ภৄ๥ภ๨๴๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภகภ๗ᆸย ๥ᆮภ๪઩๬ภ๬๴๿ภ๬๝๬ภ๷๹ภ ๮ᇍ๗๹ภഁງภৄภ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๗ᆩภ๥๗ᆸ๙๹ภ๥ᆸ๧ภ௟ᆧภ‫ډ‬ภ๴๪๥ภ๪ภ๚ᆩ๧ภ ๥̣๷ภ๖๙ภ๗ᆩภ๬๝๬ภ๷๹ภ  ๮ᇍ๗๹ภഁງภ๥๙ภ๝ᆮ๧ภ๪๚ᆸ๷ภ˚๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภகภ๗ᆸ๱ภ๼ᆩ๧6ย ฻ ᅂ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภᅃ๳ງᆧภ๬๿ภ๴๥ᆩภ ๮ᇍ๗๹ภഁງৄภ๗ᆩภ೏๿๗ภ๪๕ᆸ๥ภ๧๙ภ๴๖ᆸ๥ภகภ Ȭ๥ภ๮๙ภ๗ᆩภ ๴‫ك‬๹ภ๬๿ภ๪অ๗๹ภ๣ᆮภ๪๳ຉภ๪๴๿ภ๛ᆮ๹ภ๬๤ᆸ๴๿ภ๮ᇍ๗๹ภഁງภகภ๗ᆸย ฼ ᅂ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿ภ๬๥ᆸภ๛ᆮ๧ภ๴‫ك‬๹ภ๬๿ภᅃ๳ງᆧภ๬๿ภ๴๥ᆩภ ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๗ᆩ๹ภ๴๥ᆮ๬๹ภ๴‫ك‬ภ ๴๪๥ภ๲๿๧ภ๧ภ๷๹ภ ๪অ๗๹ภ๣ᆮภ๪๳ຉภ๪๴๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภഽ๿๥ภࣛ๹ภ๪๳ຉภ๬๿๴๿ภ๮ᇍ๗๹ภഁງภ கภ๗ᆸย ¡฽ ᅂ๮ᇍ๗๹ภϭ๙ภᅃ ๳ງᆧ๬๿ภ๴๥ᆩภ འབྲ ๬๝๬ภུག་གི๷་མ๹ภཉམ་๮ᇍལ๗ས་๹ภཚོགഁງས་๴๿ภས๥ྡེའི་བ̣๷ภཅའ་୶๿ཁྲི๹མภ๥ས་(๙ภའཕྲ୶๿ི་๹སྣོภན๲)๿๪ภ๴༢༠༠༩ ๥ᆮ๬๹ภཅན་๴མ‫ك‬ภ།  ഠຉ๙ภ๪୛ᆧภ˚๿ภ๮ᇍ๗๹ภϭ๙ภৄภகภ๗ᆸย (8) Committees mean the committees of finance and audit, election and training of co-operative. (9) Values and principles of co-operatives Values mean norms and beliefs on self-reliance and self-management founded on the basis of voluntary initiatives, equality, equity and solidarity and also on the ethical values of honesty, openness, and caring. Principles mean the guidelines by which values are practiced. (10) Members mean the owners and patrons of the co-operative. (11) Common needs and aspirations of members mean the primary and core bases from which a co-operative may be organized, registered and developed as an economic enterprise. (12) Rule making through consultation means the power and responsibility entrusted to the Ministry of Agriculture and Forestry (MoAF) to implement this Act by issuing implementation rules after consultation with stakeholders. (13) Consolidation of co-operatives means the amalgamation of two or more co-operatives into a single, new co-operative. (14) Merger of co-operatives means the absorption of one or more existing co- operatives by another co-operative. The Co-operative (Amendment) Act of Bhutan, 2009 3 ๴๪๥ภ๲๿๧ภ๧ภ๷๹ภ ๪অ๗๹ภ๣ᆮภ๪๳ຉภ๪๴๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภഽ๿๥ภࣛ๹ภ๪๳ຉภ๬๿๴๿ภ๮ᇍ๗๹ภഁງภ கภ๗ᆸย ฽ ᅂ๮ᇍ๗๹ภϭ๙ภᅃ ๳ງᆧ๬๿ภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥̣๷ภ୶๿๹ภ๥๙ภ୶๿๹ภ๲๿๪ภ๴๥ᆮ๬๹ภ๴‫ك‬ภ ഠຉ๙ภ๪୛ᆧภ˚๿ภ๮ᇍ๗๹ภϭ๙ภৄภகภ๗ᆸย ฾ ᅂ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภƥ๙๹ภ๥ᆸ๧ภ๥๙ภ๭ภ๥ᆸ๧ภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ᆧ๙ภ๬๗ᆸภᆧ๙ภ๴‫ۑ‬ຉ๙๹ภ๥๙ภ ᆧ๙ภ๴๯ᇇ๧ภᆧ๙ภುຉ๙ภ๗ᆩภ ๵ᆩ๥ภ๛ᆮ๹ภ๥๙ภ್๪ภக๗๹ภű๿ภ๗๲๿ภ๴˚๬ภ๴๥ᆩภ๥๙ภ๷ᆮ๧ภ๥๙ภ๴‫ۑ‬ภ๬๝๬ภ ‫ۑ‬๙ภ๪๥ᆮ๧ภ๥๙ภ๗๚ᆩ๗ภ೏๿๷ภৄภ๥๙ภ๗๲๧ภ๵๙ภ ๪๹๬ภഓຉ๥ภ๪๳๙ภ๨ᆸภ๥๙ภ തภ๗๹๙ภ๬ງ๥ภ๨๴๿ภ ๗๚ᆮ๹ภ๹ᆮ๬๹ภৄภகภ๪୑ງ๧ภ๣ᆮภࣛ๙ภ๬๿ภகภ๗ᆸภ๧ᆩภ๥๙ภ ୶ภ๥ᆸ๧ภ๳ງᆧภ๬๿ภ๴๥ᆩภ ๗๧๹ภ๗ᆸ๙ภ๥ᆮภৄภ๷๗ภ๷ᆮ๧ภ ˚๿ภ๷๬ภೲຉ๧ภ๴๪๥ภ๬๿ภ๥ᆮภகภി๪ภ๼ᆩ๧ย ึี ᅂ๴‫ك‬๹ภ๬๿ภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๜ᆸภ๪๥๗ภ๥๙ภ ๥̣๷ภ˚๿ภˠຉ๗๹ภᆧ๬ภଳ๪ภ ುຉᆧภ๨ภৄภகภ๗ᆸย ึึ  ᅂ๴‫ك‬๹ภ๬๿ภഓ๿ภ๤ᆸ๗ภ๗ᆩภ๥๗ᆸ๹ภ๬๖ᆸภ๥๙ภᆧງภ๴๥ᆸ๥ภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๴๥ᆩภ ๥๨๷ภ๴ࣟຉᆧภ๮ᇍ๙ภ๷๹ภ๚ᆩ๗ภ๴๪๥ภ๴๗ᆸภ๪অ๗๹ภ๥๗ᆸ๨ภ๥ภ ๤ᆸภ๪๕ᆸ7๥ภ๴๪๥ภ๥๗ᆸ๨ภ๥๙ภ ๗ᆸ๙ภ ๴๩ᆮ๷ภ๗๣๙ภ๥๗ᆸภ๨๴๿ภ๷๹ภ๥ᆸ๧ภ˚๿ภ୶ภ๥ᆸ๧ภ๗๭ᇍภ๪ᆸภ๥๙ภ೘๿๙ภ๪ρ๥ภ๙ᆸภ๬ภ๴๥ᆩภகภ๗ᆸย ึื ᅂˠຉ๹ภ๪೫๧ภ๤ᆸ๗ภ๷๹ภȲ๿๬๹ภ๪๳ຉภᅃ๳ງᆧภ๬๿ภ๴๥ᆩภ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๧ᆩภ๥ᆸ๧ภகภ ๷๗ภ๷ᆮ๧ภ˚๿ภȲ๿๬๹ภக๗๹ภৄภ ๖ᆮภ଴๥ภ๚๧ภ˚๿ภ๬๿ภৄภ๥๙ภ ˠຉ๹ภ๪೫๧ภ๤ᆸ๗ภ๷๹ภ๗๹ᆧภ๪๣ᆸ๧ภ ๴๪๥ภ๤๪๹ภகภ๹ᆸภ๧๬ภధ๧ภ๖๗ภகภ๥๪๙ภ๮๥ภ๥๙ภஔภ๴๗๧ภഖຉ๥ภ๬๿ภகภ๗ᆸย  ึุ ᅂ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗๚ᆩ๗ภ๪ഁຉ๬๹ภᅃ๳ງᆧภ๬๿ภ๴๥ᆩภ ๬๝๬ภ๷๹๮ᇍ๗๹ภഁງภ๗๝ᆩ๹ภ๥๙ภ๥ᆮภ๷๹ภ ๬๙ภ๪๴๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ๗๚ᆩ๗ภ๖ᆧภ๪ഁຉ๬๹ภ๣ᆮภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗๚ᆩ๗ภ๗๹ᆧ๨ภ ๪๳ຉภ๬๿ภகภ๗ᆸย ึู ᅂ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๪ഁ๪ภ๧ᆩภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๻ງภ๬ภ๷๹ภ๵ᆸ๥ภ๬๿ภ๗ᆩภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ ๗๚ᆩ๗ภ๥๙ภ ๥ᆮภ๷๹ภ๬๙ภ๪๴๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ഁງภ๗๲๧ภ๗๚ᆩ๗ภ๗ᆩภ ๧๙ภகภ๪ഁ๪๹ภ๣ᆮภ๪๲๗ภ๧ᆩภகภ๗ᆸย ึฺ ᅂ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ୶ภೲຉ๙ภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๚ᆩ๗ภ๗ᆩ๹ภ ๬ภ๥̣๷ภ ¬ ๪অ๗๹ภ๬๿ภகภ್๪ภ๥๗ᆸภ๨๴๿ภ๴Ȳ๿๷ภ๴འབྲ๗๧ภུག་ག๬ི་མ๤ᆧภ ཉམ་ལ๴ས་Ȭຉཚ๷ོགภས་๬སภৄྡེའ๗๹๨ภ ི་བཅའ་ཁ๥ྲིམภས་(འཕྲ๬ภི་སྣོན๥)̣๷ภ༢༠༠༩ ๪অ๗๹ภཅན་๬མ།๿ภ (15) Insolvency of co-operatives means co-operatives fails to meet its obligations to creditors and applies for remedies for the protection of creditors and members based on existing laws. (16) Dissolution of co-operatives means the process of winding up of the affairs of the co-operative and the subsequent cancellation of the certificate of registration of the same co-operative. (17) Natural persons mean the individuals who are members of primary co- operatives. (18) Juridical persons mean the registered co-operatives and entities referred to in this Act. (19) Share capital means a unit of capital contributed by a member the value of which may by fixed at any figure by the co-operative but not less than one Ngultrum (Nu.1.00). (20) Farmers group means a group of not less than three members deriving economic benefits from one or more economic enterprises related to Renewable Natural Resource Sector. The Co-operative (Amendment) Act of Bhutan, 2009 4 ๗๚ᆩ๗ภ๥๙ภ ๥ᆮภ๷๹ภ๬๙ภ๪๴๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ഁງภ๗๲๧ภ๗๚ᆩ๗ภ๗ᆩภ ๧๙ภகภ๪ഁ๪๹ภ๣ᆮภ๪๲๗ภ๧ᆩภகภ๗ᆸย ึฺ ᅂ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ୶ภೲຉ๙ภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๚ᆩ๗ภ๗ᆩ๹ภ ๬ภ๥̣๷ภ ๪অ๗๹ภ๬๿ภகภ್๪ภ๥๗ᆸภ๨๴๿ภ๴Ȳ๿๷ภ๴๗๧ภ๬๤ᆧภ๴Ȭຉ๷ภ๬ภৄ๗๹๨ภ๥ภ ๬ภ๥̣๷ภ๪অ๗๹ภ๬๿ภ ๥๙ภ๴‫ك‬๹ภ๬๿ภৄภ ഻๙ภುຉ๪ภ๥๙ภ๗๹ᆸภ๪๚ᆸ๹ภű๿ภ๥ᆸ๧ภகภ ๥ภ๵ᆸ๥ภű๿ภȲ๿๬๹ภ๗ઈ๙ภৄภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ઈภ๮ᇇ๗ภ࠘๷ภ๬๿ภகภ๗ᆸย ึ฻  ᅂ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภ๨ภൿ๬ภ๧ᆩภᅃ๳ງᆧภ๬๿ภ๴๥ᆩภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภ8ഁງ๴๿ภ๷๹ภ๥ᆸ๧ภ๬В๗ภ೺๥ภű๿ภ ஔภ๥๙ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๤ᆸภ๪๕ᆸ๥ภ๛ภ๴๜ᆸ๗ภ๗ᆩภ๷๗ภȬງᆧภ๛ภ๬ງ๥ภ๗๣๙ภ๧ᆩภகภ๗ᆸย ึ฼ ᅂᆧ๙ภ๪๲๿๧ภű๿ภ๬๿ภ๙ᆸภ๬ภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ˚๿ภ๴‫ك‬๹ภ๬๿ภᆧ๙ภ ᆧ๙ภ๹ᆸภ๹ᆸภகภ๗ᆸย ึ฽ ᅂȲ๿๬๹ภű๿ภ๛ภ๴๜ᆸ๗ภ๬๿ภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ๥๙ภ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๧๙ภȲ๿๬๹ภű๿๹ภ๬๿ภ๪઩๬ภ๴๪๥ภ๛ภ๴๜ᆸ๗ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ๙ᆸภ๪ᆸภ๚ᆩ๗ภகภ๗ᆸย ึ฾ ᅂ๬ภ୶๴๿ภ๪๗ᆸภ๪๸๴ภᅃ ๳ງᆧภ๬๿ภ๴๥ᆩภ ๴‫ك‬๹ภ๬๿ภ๗๚ᆩ๗ภ๗ᆩ๹ภ๪অ๗๹ภ๨๴๿ภ๬ภ୶๴๿ภೆ๷ภ๪ภ๴๥ᆩภகภ ๗ᆸภ๧ᆩภ๥๙ภ๴๥ᆩภ๗ᆩภ๗๧๹ภ๗ᆸ๙ภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆩ๹ภ ๪๕ᆸ๥ภ๵ᆸ๥ภ๨๴๿ภ๥̣๷ภŹ๬ภ๚ᆩ๗ภ ๷๹ภ๬ภж๙ภ๪๴๿ภ๥̣๷ภ˚๿ภˠ๙๹ภ๴๪ᆸᆧภ๗ภ๥ᆮ๬ภ๚ᆩ๗ภ๼ᆩ๧ภଥ๙ภ๗๣๧ภ๴๖ᆮ๷ภ๴๪๥ภ๪๳ຉภ๧ᆩภ๼ᆩ๧ภ ๬๿ภ๥ᆮภகภി๪ภ๼ᆩ๧ย ืี ๹ᆸภ๧๬ภ๨๴๿ภഁງภ๮๧ภ๳ງᆧภ๬๿ภ๴๥ᆩภ ഁງภ๮๧ภ๧๙ภ๬๿ภ๗ಸ๬ภ๷๹ภ๬ภж๙ภ๪๴๿ภഁງภ๮๧ภ˚๿๹ภᆧ๙ภ๪๲๿๧ภ ിᆧภ๴ࣛ๙ภ๴๤ᆸ๧ภ๪ುງ๥ภ๥๙ภ ๴ࣤງ๷ภ๪ภ๵ᆸ๥ภ๨๴๿ภ๥๨๷ภ๴ࣟຉᆧภ๮ᇍ๙ภ๷๹ภৄภ๷๹ภ ๖ᆮภ๩๧ภ๪๳ຉภ๧ᆩภ ๗ᆩภഁງภ๮๧ภகภ๗ᆸ๱ภ๼ᆩ๧ย     9 « འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། CHAPTER II State policy, Values and Principles of Cooperatives

Article 3: Declaration of State policy. It is the declared policy of the Royal Government of Bhutan (RGOB) to promote co- operatives for the well being of members and communities. The RGOB shall facilitate the development of co-operatives as strong and sustainable pillar of the private sector that will contribute to the economic development of the Bhutanese society, especially the poor. Towards this end, the RGOB shall create the legal environment, through this Act, for the regulation of co-operatives on registration and monitoring, mediation and conciliation, and the provision of legal services on research, education and information. Complementary to regulation, government shall provide support for the economic development of co-operatives. The RGOB recognizes co-operatives as private enterprises with economic purposes. Thus, its support aims to help co-operatives realize their purposes and to help strengthen and sustain their capacity for self-reliance and self-management so that co-operatives will grow to stand on their own as autonomous enterprises and as partners of Government in development. Mutual agreement shall be the basis of partnership between co-operatives and Government. The Co-operative (Amendment) Act of Bhutan, 2009 5 ๷ᆮ્ภ๗๝ᆩ๹ภ๨๷ᆮย્ภ๗๝ᆩ๹ภ๨ย ๷ᆮ્ภ๗๝ᆩ๹ภ๨ย ๬๝๬ภ๷๹ภ๮ᇍ๗๬๝๬ภ๹ภഁ๷ງ๴๿๹ภภƥ๮ᇍ๗๙๹ภ๹ภ๥ᆸഁ๧ງ ภ๴๿๗ภƥ๲๿ภ୶๙๹ภ๴๿ภ๥ᆸ๷๧ภ๬ภ๗๬๝๬ภ க๲๿ภ୶๗๹ภ๷๴๿๹ภ๥๷๮๙ภᇍ๬ภ๗க๹ภઈ๙ภഁ๗๹ภງ๴๗๿ᆩภ๥ƥഽ๙ภ๿๥ภ๙๹ภ๗ࣛ๥ઈ๙ภ๹ภᆸ๧ৄภ๗๗ᆩภยഽ๲๿ภ๥୶ภࣛ๴๿ภ๹ภ๷ৄ๬ภยக๗๹ภ๥๙ภ๗ઈ๙ภ๗ᆩภഽ๿๥ภࣛ Ȳ๿๬๹ภ๥ᆸ๧ภุȲ๿๬๹ภ ๥ᆸ๧ภุ ๗ᆩภഽ๿๥ ๨ย๗ઈ๙ภ ๨ย๗ઈ๙ภ ภࣛ๹ภ๗ ᆩภഽ๹๷ภ๿๥ภ๪Ȳ๿ࣛ๬๹ภ๹ภ๗೏๗๹ย ๥ᆸ๹๷ภ๧ภุ๪೏๗๹ย ๨ย๗ઈ๙ภ๗ᆩภഽ๿๥ภࣛ๹ภ๗๹๷ภ๪೏๗๹ย ๬๝๬ภ๷๹ภ๮๬๝๬ภ ᇍ๗๹ภഁ๷ງ๴๹ภ๿ภ๴๮‫ك‬๹ภ ᇍ๗๹ภ๬ഁ๿ภৄງ๴๿ภ๥๴๙ภ‫ك‬๹ภ ๬๿ภৄภ๬๿ ๬๝๬ภ๥๙ภภ๬๷๙ภ๹ภ๗ᆩ๮๩ᇍ๗๧ภ๬๿๹ภ๪ภ๬๥ᆮഁ๙ภภງ๴๵๗๿ภᆧภ๴ᆩภ๩‫كۑ‬๹ภ ๧ภ๗ภ๪๪๬๥ᆮ๿๳ຉภৄ๵ภ๧ภᆧภᆩภ๥ഽ๙ภ‫ۑ‬๿๥๗ภภࣛ๪๹ภ๳ຉ๴ภ๧๬๿๥ᆩᆩภഽภ๬๿๥๙ภภࣛ๗๹ภᆩภ๩๴๧ภ๥ᆩ๪ภ ๥ ๴࣡๗ภ๗ઈ๙ภ๴࣡๗ภ ๗ᆩ๹ภ๗๗๹๷ภ ઈ๙ภ๪๗೏๗๹ภ ᆩ๹ภ๗๹๷ภ ๗๧๙ภ๪೏๗๹ภ ೲງภ๵ᆸ๥๗ย ๴࣡๗ภ ๧๙ภ๥ᆮ๗ೲภതງภ๵ງภઈ๙ภ๗ᆸ๥๗๧๙ภยᆩ๹ภ๥๗๥ᆮ๗ᆸภതภ๹๷ภ ๬ງภ๗๿ภ๴๪๧๙ภ๥ᆩภ ೏๗๹ภ ๥๗ᆸภ๗ ๴࣡๗ภ๬๧๙ภ ๿ภ๴๥ᆩ๗ೲภງภઈ๙ภ๵๴࣡๗ภ ᆸ๥๗ᆩย๹ภ ๥ᆮ๗ภઈ๙ภ തງภ๗๗๧๙ภᆩ๹ภ๥ ๴࣡๗ภ๨๴๿ภ๬๿ภ๬ ๴࣡๗ภ๙ภ๥๨๙ภ๴๿ภ๬๿ภ๬ధ๗ภ๙ภ๥๨๙ภᆧภ๬๿ภ๹ᆮధ๗ภᆧ ๝๨ᆧภ๬๹ภ ๴࣡๗ภ ๬๿ภϭ๹๨ᆮ๙ภᆧ๴๿ภৄภ๝ภ๬๗๿ภᆩภ๬๹ภ๬๥๙ภϭ๨๷ภ๥๙ภ๙ภ๴ৄࣟຉภ๗ᆧᆩภภ๥ధ๗ภ๨๷ภ๨๗ᆸ๴ᆧภ๙ࣟຉ๬๴๿ᆧภ๩ᆮภ๹ᆮ๷ᆧภภக๝๗ᆸภ๩๙๬๹ภภ๧ภ๴ϭ๩ᆮ๙ภ๷ภৄகภ ภ๗๩ᆩภ๥๧ภ๨๷ ๤ᆸ๗๹ภৄ๗๹ภ๤ᆸ๨๗๴๿๹ภภ๥ᆸৄ๧ภக๗๹ภภ๨๴๿ภ๥๬๝๬ภᆸ๧ภக๷ภ๹ภ๮ᇍ๗๬๝๬ภ๹ภ๤ᆸ๗ഁ๷ງภ๹ภ๴๹ภ๥ᆩৄ๮ภ ᇍৄ๗๗๹ภภ๹ภ๨ഁງ๴๿೐ງภ ภ๴ᆧ๥ᆸ๥ᆩภ๧ภഁภງৄภகภ૱ภ๧ภ๪೐ງᆧ୑๧ภ ๬๝๬ภภഁງ˚๿ภ૱๷ഽຉ๧ภ๹ภ๗ภ๪๮๸ᇍ ᆩ๗୑๧ภ๙๹ภ๥˚ഁ๿ภ๙ภງഽ๴ຉ๗๥ᆩภภ๸ৄᆩ๙ภ ภ๥๙ภ೐ງᆧ ๴‫ۑ‬ภ๪ᆧภ೏๿๙ภ೏๴‫ۑ‬ภ๿๙ภ๪๪ᆧภ๳ຉภ೏๧๿ ᆩภ๙ภக೏ภ ๿๩๙ภ๧ภ๪๨๳ຉภ๴๿๧ภ ᆩภ๛கᆮ๥ภ ภ๩‫ډ‬ภ๧ภ๼๨ᆩ๧๴๿๴‫ۑ‬ภภย๛ᆮ๪๥ภᆧภ‫ډ‬ภ೏๿๼๙ᆩ ภ๧೏๿ย๙ภ๪๳ຉภ๧ᆩภகภ๩๧ภ๨๴๿ภ๛ᆮ๥ภ‫ډ‬ภ๼ᆩ๧ย ๗๧๥ภ๥ᆸ๧ภ๴๥ᆩภ๗๧๥ภ ๗ᆩภ๥ᆸ๥๧ᆸ ภ๧ภக๴ภ๥ᆩภ๗ᆩภ๥ᆸ๧ ๴࣡๗ภภக๗ઈ๙ภ๗ᆩ๴࣡๗ภ Ȳ๗๿๬๥ઈ๙ภ๹ภᆸ๧ภű๗๿๴ภᆩ๗๹๥ᆩภȲ๗๧๹ภ๿ᆩภ๬๥ᆸೲ๧๹ภűக๙๹ภ๿ภ๗๗๧๹ภ ๹ภ๗๧๥ภ ๹ᆧภೲ๴࣡๗ภ ๪๙๹ภ๗ অ๗๹ภ๗ઈ๙ภ๬๹ᆧภ๗ᆩ๯๥ภ๪๹ ๧Ȳᆩภ অ๗๹ภ๿๬๹ภ๬ű๿ภ๯๥ภ๗ ๧๹ภᆩภ ๼ᆩ๧ภ๬๿ภ๴๥ᆩภ๵๼ᆩ๙ภ๧ภ๬๿ภ๴๪๚๴ภ๥ᆩภ๵Ȳ๿๙ภ๬๹ภ๴๪๚๴ภ๥ᆩ๴๿ภȲ๤๿ ᆸ๬๗ภ๹ภ๷๴๹ภ๼ᆩ๥ᆩ๧๴ภ๿ภ๬๤๪๥ภ๿ภᆸ๗๴ภ๥ᆩ๷ภ๵๹ภ ๬๝๬ภ๙ภ๴๷๪๥ภ๹ภ ๪๚๴ภ ๮ᇍ๗Ȳ๬๝๬ภ๿๹ภഁ๹ภ๷ງ ๴๹ภ๥ᆩ๮ภ๴ᇍৄ๿๗ภภ๤ᆸ๹ภ๗๤ᆸภഁภງ๷ภ๪๴๹ภ๕ᆸ๥ᆩภ๥๴ৄภ ภ๪๥ภ๤ᆸภ๪๕ᆸ ๬๝๬ภ๥ ๷ ๥๙ภ๪௟ภ๲๿๪ภ๥๙ภ๪๪ᆧภ௟ภ๴๲ˠ๿๿๪๗ภ ภ๥๙ภ๪ᆧภ๧๴๙ภˠ๿๴๗ˠ๿ภ๥๗๙ภ๹ภ๧๴๙ภ๥๙ภ ๪๥ภ๴ˠ๿๪๤๗௟ภ๙๹ภ๲๿๪๴ৄภภ๗๪๥ภᆩ ೆ๪ᆧภ๤ຉᆧ๴ภ๙๹ภ๷ˠ๿ৄ๹ภ๗๗๥ᆩภȲ๿๙ภೆຉ๬๧ᆧภ๙ภ๹ภ๷๴க๹ภˠ๿๗๹ภ๗Ȳ๿๹ภű๬๿ภ๴๷๹ภ๪๥ภ๬ภக๤๗๹ภ๙๹ภű๿ภৄ๷ภ๗๬ภᆩ ೆ க๗๹ภ๪๳ຉภ๧ᆩภ๥க๗๹ภ ๙ภ๪๳ຉ๲๿ภ๧๪ᆩภ๥๴๙ภ๮ᇍ๷ภ๥๲๿๙ภ๪๸ภ ᆮ๴๹๮ᇍภ๵๷ᆸ๧ภ๥ภ๙ภ க๗๹ภ๸ᆮ๹๪๗๧๹ภ ภ๳ຉ๵ภᆸ๧ᆩৄภ๥๷ภ๙ภৄภ๗๗๧๹ภᆩภ๲๿๥ᆸ๪๧ৄภ๴க๷ภ๮ᇍৄ๷ภ ภ๗๥ᆩภȲ๿๥๙ภᆸ๬๧๸ภ๹ภᆮக๹๥ภ ᆸ๵๧ᆸภ๧๷ภȲ๿๹ภ๬๹ภ๥ ๗๧๹ภᆸ๧ ๷ৄ๹ภ๷ภৄ ๗๵ᆸ๗ภ๗ᆩภ๴๛ᆧภ ๗๵ᆸ๗๲๿ภ๗ภৄᆩภ๴ภ๪๛ᆧภ๕ᆸ๥๗ภ๗๲๿๧๙ภ ภৄภ๪๧๕ᆸᆩภ๼๥ᆩ๧ภ๗๬ภ๧๙ภ๬๗๵ᆸ๮๧๗๥ภᆩภ๼๗ᆩ๧ᆩภ๴๬ภ๗ઈ๙ภ ๬ภ๮๗๷๥ภ๲๿๹ภৄȲ๗ઈ๙ภ ๛ᆧภ ภ๿๪๬๕ᆸ๹ภ๥க๷ภ๗๗๹ภ ๹ภ๧๙ภȲ๪๿๬๧ᆩภ๳ຉ๹ภภ๼๧கᆩ ᆩ๧ภ๗๬ภ๗๹ภ ᆩ ๬ ๥๪๮ᆸภ๳ຉ๥ภภ๧ᆩภ๗๗ઈ๙ภ ᆩภ๬ภ๥ᆸภ๷ ๪ᆧภ๬๝๬ภ๪ᆧภ ๷๹ภ๮๬๝๬ภᇍ๗๹ภഁ๷ງภ๴๹ภ๥ᆩ๮ภৄᇍ๗ภ๗๹ภᆩ ๥ഁᆸ๧ງภ๴ภக๥ᆩภৄ๪ᆧภ ภ๗ᆩภ๥๛ᆸ๧ᆮ ภ๪๬๝๬ภ ๖๗ภ க๴๿ภଳ๷๖๗ภ๪ภ๹ภು๛๮ຉ ᆮภᇍᆧ๗๪ภৄ๹ภ๴๿ภ๵ଳഁ๪ภງภ๙ภ๴๗ು๥ᆩภຉᆧৄ๧๙ภภৄ๗๥ภᆩ๵๗ᆸ๥๙ภ๧๨ ๗க๼๧๙ภᆩภย๖๗ภ๥๗ᆸ๛๨ᆮภ๪ภ๼๴๿ᆩ๧ภଳย๪ภು ๴࣡๗ภ๗ઈ๙ภ๗ᆩ๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๴๥ᆩภ ๥๨๷ภ๴ࣟຉᆧภ๗ᆸ๙ภ๴๩ᆮ๷ภ๪๳ຉภ๬๿ภ๗ᆩภ ೐ງᆧภഁງ๴๿ภ  ๮ᇍ๙ภ๴ࣤງ๷ภ๷๹ภഁງภ๚ᆩ๗ภ๼ᆩ๧๬ภ๴๪๥ภ ๙ᆸ๹ภ๴๯ᇇ๧ภ๗๧๙ภ๧ᆩภ๥๙ภ ๥ᆮภ๷๹ภ๪ೲງ๧ภ๣ᆮภ ଳ๪ภುຉᆧภ  ๬๯๥ภ ๧ᆩภ๗ᆩภ๥๬๿๗๹ภ๥ᆸ๧ภ๴๥ᆩภ๗ᆩ๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥๗ᆸ๹ภ๥ᆸ๧ภ๻ภ๗ᆸภ๧ᆩภ๥๙ภ ೏๿๙ภ೏๿๙ภ ๪๳ຉภ๧ᆩภᆧ๙ภ๬๗ᆸภᆧ๙ภ๴‫ۑ‬ຉ๙๹ภ๥๙ภ ᆧ๙ภ๴๯ᇇ๧ภᆧ๙ภುຉ๙ภ૱๧ภ๪୑๧ภ10˚๿ภఊຉ๗๹ภ˟10๪ภகภ๩๧ภ๤ᆸ๗๹ภ ࣛ๙ภೲງภ๗ᆩ๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ ๵ᆧภ‫ۑ‬๗ภᆧ๿๬ภ๨ᆧภࣛ๙ภೲງภᆧ๙ภ๗ᆩ๹ภᆧ๙ภುຉ๙ภ๷๹ภഁງภ๚ᆩ๗ภ ๴๪๥ภ ഁຉ๥ภৄ๗๹๨ภ๴ࣛ๙ภ๧ᆩภ๼ᆩ๧๬ภ๬ภ๮๥ภ ଳ๷ภ๖๪ภ๗ᆸ๙ภ๴๩ᆮ๷ภ˚๿ภ๥ᆸ๧ภகภ๵๙ภ ๗ઈ๙ภ๗ᆩภ ๬๝๬ภᆧຉ๗๹ภ๨ภ๪઩๬ภ๚ᆩ๗ภ๴๪๥ภࡲ๗ภࡲ๿๥ภઈภৄ๗๹๨ภ๴˚ຉภ๴ຉ๙ภย ๗ઈ๙ภ๥๙ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภ ഁງ๴๿ภ๪ᆧภ๧ภகภ ๩๧ภৄ๧ภ๗๝ᆩ๹ภ๩๧ภ˚๿ภ๥ᆸ๧ภகภ๖๹ภ๷ᆮ๧ภ๤ᆸ๗ภ๷๹ภ๴๪๥ภ๧ᆩภ๴๥ᆩภ๬๝๬ภᆧຉ๗๹ภ ๴๪๥ภ๤๙๹ภű๿ภ๗๲๿ภ๪๲๗ภ๹ภ๴๪๥ภ๴˚ຉภ๥๗ᆸย »  འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ།

Article 4: Values and Principles of Co-operatives. Co-operatives shall be promoted, organized and developed in harmony with the national policy, based on the values of self-reliance and self-management, and to the service of Tsa Wa Sum. These values are home grown, having evolved from the culture and experience of Bhutan, and enriched and practiced along with the following universally accepted principles of co- operatives: (1) Voluntary and open membership. Co-operatives are voluntary organizations, open to all persons who are able to use their services and willing to accept the responsibilities of membership, without any discrimination. (2) Effective member governance. Co-operatives are voluntary organizations governed by their members, who actively participate in setting their policies and making decisions. Men and women serving as elected representatives are accountable to the membership. In primary co-operatives members have equal voting rights (one member, one vote), and co-operatives at other levels are also governed based on mutual agreements. The Co-operative (Amendment) Act of Bhutan, 2009 6 ഁງ๴๿ภ๪ᆧภ๧ภகภ ๩๧ภৄ๧ภ๗๝ᆩ๹ภ๩๧ภ˚๿ภ๥ᆸ๧ภகภ๖๹ภ๷ᆮ๧ภ๤ᆸ๗ภ๷๹ภ๴๪๥ภ๧ᆩภ๴๥ᆩภ๬๝๬ภᆧຉ๗๹ภ ๴๪๥ภ๤๙๹ภű๿ภ๗๲๿ภ๪๲๗ภ๹ภ๴๪๥ภ๴˚ຉภ๥๗ᆸย  Ȳ๿๬๹ภ๥ᆸ๧ภู๨ย๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภƥ๙๹ภ๥ᆸ๧ภ๥๙ภ୶ภ๥ᆸ๧ภ๷๬ภக๗๹ย ๙๹ภű๿๹ภ๙ᆸ๹ภ๷ᆮ๧ภ๴๪๥ภ๵๬๝๬ภ ᆸ๥ภ๨๴๿๷ภ๹ภ๮ᇍ๗๹ภഁງภ๴๥ᆩภ ๴࣡๗ภ๗ᆩภᆧ๙ภ๬๗ᆸภᆧ๙ภ๴‫ۑ‬ຉ๙๹ภ๥๙ภ ᆧ๙ภ๴๯ᇇ๧ภᆧ๙ภುຉ๙ภ๴˟๪ภ ᆧภ‫ۑ‬๗ภ๗๣๙ภ๧ᆩภ๼ᆩ๧ย ๤๪๹ภகภ๗๲๿ภ๪๲๗ภ๨๴๿ภଳ๷ภ๵ᆸ๙๹ภű๿ภഽ๿๥ภࣛ๹ภ๥๙ภ๬‫ك‬๧ภ๨๴๿ภ๤ᆸ๗ภ๷๹ภ๥๙ภ ୶ภ๪ภ๗ಸ๬ภ˚๿ภ ๨ᆧภ๴৷๷ภ๛ᆸ๗๨ย ๬๝๬ภ ๲๪๹ภ๷๹ภ๣ᆸ๗ภ๗ᆩภ๥ᆸ๧ภகภ๥๬๿๗๹ภ๣ᆮภ๵ᆧภ‫ۑ‬๗ภ๪๳ຉภ๥๗ᆸ๨ภ๥๙ภ๴๗ᆸภ๴‫ۑ‬ງ๧ภ๤๪๹ภ๥๗ᆸ๨ภ๗ᆸ๙ภ๴๩ᆮ๷ภ ๧๬ภ๷๹ภ๥ᆮภ๧๙ภ๗ᆩภ๴‫ك‬๹ภ ๗๣๙ภ๬๿ ๥ৄภ๗ᆸ๨ภ๼ᆩ๧ย ƥ๙๹ภ๥ᆸ๧ภ๴๥ᆩภৄภ ๴࣡๗ภ๗ᆩภ๷๬ภഽຉ๷ภ๥๙ภ๝๬๹ภ॰ຉ๙ภ๷๹ภ๪୑ງ๧ภ๣ᆮภࣛ๙ภ ഁງภ๴ű๿๿ภ๹๴ภ๙ᆸ‫ك‬๹ภ๷๬๿ᆮภ๧๴ภ๴๪๥ภ๪๥ภஔภ๵๴ᆸࣛ๙๬ภ ࣛ๙๬ภ๚๴๿ᆩ๥๗๚๙ภภᆩ๗๼ᆩภ๧๼ภ ᆩ๧ᆩภ๴๧ᆩภ๥ᆩ๴ภ๗๥ᆩภ๹๗ภᆩ๹ภ ๗๸๬ภ ๥ภ๗๧ภ๨ ๗๸๬ภ๗ ๗๹๷ภ๹๷ภ๴ ๴๯๬ภ๯๬ภˣ๿๙ˣภ ๿๵๙ᆸภ๙๵ᆸ๹ภ๙ű๹ภ๿๹űภ๿๙๹ᆸ ภ๹๙ภᆸ๹๷ᆮภ๧๷ภ ᆮ๴๧ภ๴๪๥ภ๪๥ภ๵ᆸ๥๵ภ ᆸ๨๥ภ๴๿๨ภ๴๿ภ ภᆧ‫ۑ‬๗ภภ๪๗๕๗ภ๣๙ภ๴๧ᆩ๯ᇇภ๼๧ᆩ ภ๧๬ງย๥ภ๨๬๝๬ภ ᆧภ๬๝๬ภ ๴๷৷๷ภ๹ภ๮๹ภᇍ๗๮ᇍ๹ภ๗ഁ๹ภງ๴ഁ๿ภງ๴๿ภ୶ภ๥୶ภᆸ๧๥ภ ᆸ๥๧ภ๙ภ๥๗๙ภ๚ᆩ๗๗๚ᆩภ๖๗ภᆧภ๖๷ᆧภ๗ภ๷๷๗ภᆮ๧๷ภ ᆮ๥๧ภ๙ภ๥๵๙ภᆧภ๵‫ۑ‬ᆧภ๗ภ‫ۑ‬๗ภ๗๣๙ภ๣๙ภ๧ᆩ ๼๧ᆩᆩภ๧๼ᆩย๧ย ภ๴৷๷ภ๛ᆸ๗ึ๨ยึ ๬๝๬ภ ๴‫ك‬๬ภ๷๴‫ك‬๬ภ๹ภ๿ ๬ৄ๿ภৄ๹ᆸภ๹ᆸᆸภ๴๹๿ภᆸ๥๴๿ภ๙ภ๥ࣧ๙ภࣧ๙๹ภ๙๹ภ๤ᆸ๗๤ภᆸ๷๗ภ๹ภ๷๹ภ๪๕๗ภ ๪๕๗ภ๴๯ᇇ๴๧๯ᇇภ๬๧ງภ๥๬ภ ງ๨๥ภᆧภ๨๴ᆧภ11๴৷๷ภ৷๷ภ๛ᆸ๗๛ᆸ๗๨ย๨ย๬๝๬ภ ๬๝๬ภ๷๹ภ๷๹ภ ๬ภ๷๹ภ๥ᆮภ๧๙ภ๗ᆩภ๴ ๮ᇍ‫ك‬๹ภ๗๮ᇍ๬๹ภ๗๿ ৄഁ๹ภງ ৄഁງภৄภ๥๙ภ๥๙ภࣧ ࣧ๙๹ภ๙๹ภű๿ ๤űᆸ ๿ภ๗๤ภᆸ๷๗ภ๹ภ๷๪๹ภ๳ຉ๪ภ๪๳ຉภ๴๿๪ภ๮๴๿ᇍภ๗๮ᇍ๹ภ๗ഁ๹ภງ ๚ഁᆩງภ๗๚ภᆩ๗๼ᆩภ๧๼ᆩ๬ภ๧๷๬ภ๹ภ๷๹ภ๥ᆮภ๧๥ᆮภ๙ภ๧๗๙ภᆩ ๴๗ᆩภ๴‫ك‬๹ภ‫ك‬๹ภ๬๿ ๬ৄ๿ภৄภ ‫ك‬๹ภ๪๬๿ภ๴๿๴ภ๥๪๥ภ๙ภࣧஔภ๙๹ภ๴๗ภ˚๗๧ภᆧ๿๗ภภ๷๥๴ᆧภ๹ภ๙ภ๴๪๥ภഁງ๪๥ภଥ๙ภଥ๙ภ๛๗๹ภ ภ๴ ๪๥ภ ๛๗๹ภഁ๙ภഁࡲ๙ภຉ๗ࡲຉ๹ภ๗ᆧ๹ภ๿๹ᆧภ๿๹๬ງภ๥๬ภ ງ๨๥ภᆧภ๨ᆧภ๮ᇍ๗๮ᇍ๹ภ๗ഁ๹ภງ๴ഁ๿ภງ๴๿ภ๴‫ك‬๹ภ‫ك‬๹ภ๬๿ ๴๬๿ภ๴๪๥ภ๪๥ภஔ ๴ஔภ๴๗๧ภ๗๧ภ๥๙ภ๥๙ภ ภ๪๹ᆸ๴๕๗ภ๿ภഽ๿๴๥ภ๯ᇇࣛ๧๹ภภ๬๪ງ๥ภ୶๬ภ๨ᆧภ๧ᆩภࣧ๙๹ภ ๴๥ࣧ๙๹ภ ๙ภ৷๷ภ๴๤๴๪๥ภ๗ภ๪๥ภ๴๥ᆸ๴๥๥ᆸภ๵๥ᆸภ๥๵ภ ᆸ๬๥๿ภ๥๬๿ภ๙ภ๥๙ภ ๥ᆮภ๧๥ᆮภ๙ภ๧ஔ๙ภ๴ஔภ๴๪๥ภ๪๥ภ๖ᆸ๬๖ภᆸ๬๿ภ๬ৄ๿ภ๗ৄภᆧ๗ภ๪ᆧภ๪๕๗ภ๕๗ภ๴๯ᇇ๴๧๯ᇇภ๬๧ງภ๥๬ภ ງ๨๥ภᆧภ๨๴ᆧภ๴৷๷ภ৷๷ภ ๹ภ๬๿ภ ๩ᆸภ๬ຉภ๗ภᆧภ๴๪๥ภ๛ᆸ๗ଥ๛ᆸย๙ภ๗ย಻ภ ๷ภ๣ᆮภஔภ๴๪๥ภื๥ื๗ᆸ๨ภ๼๥ᆸᆩ ๧๥ᆸยภഭ๧๿ภ๧ഭ๴๗ᆸภ ๿˚๧๿ภ๴˚๿ภ๴‫ك‬๹ภ‫ك‬๹ภ๬๿๴๬๿ภ๿๥๴๿ภ๥๪๙ภ๪๙ภುຉ๙ುภยຉ๙ภย ଳ๧ภ๪๥ภ๪๪๴๿ภঅ๗๹ภ ๬๝๬ภ๮๹ภ ๥๙ภ๧ࣧᆩภக๙๹ภภ๥˚๪๙ภ๿ภ๷ ๬๝๬ภ ๥ภ๷ഁ๴ງ๹ภ๷‫ۑ‬ภ๮๹ภᇍ๗๮ᇍ๹ภ๗ഁ๹ภງ ৄഁງภৄภᆧ๙ภᆧ๙ภ๹ᆸ๴๹๿ภᆸ๴๿ภ๴‫ك‬๹ภ‫ك‬๹ภ๬๿ ๬ৄ๿ภ๗ৄᆩภ๹๗ภᆩ๥๹ภ๥๪๙ภ๪๙ภುຉ๙ುภ ຉ๴๙ภ๴๪๥ภ๪๥ภ๪๴๿๪ภ๥๴๿ภ๙ภ๥ࣧ๙ภࣧ๙๹ภ๙๹ภ˚๿ ˚๷๿ภ๹ภ๷ഁ๹ภງ ഁງภ ๥ภࣛ๷๹ภ๹ภ๪๮ᇍ୶๬ภ๗ ๧๹ภᆩ๚ᆩ๥ഁງ๗๙ภ๚ᆩ๴๿๗๼๤ᆩภ๧๗ภ๼ᆩ๹ภ๬ภ๧๷๬ภ๹ภ๷๹ภ๴‫ك‬๹ภ ๹ᆸ๴๿ภഽ๿๬๝๬ภ ๴‫ك‬๹ภ๬๿ ๬ৄ๿ภ๗ৄᆩภˠ๗ᆩภ๹ภˠ๖๹ภ๷๖ภ๹ภ๷๹ภ๮ᇍ๗๮ᇍ๹ภ๗ഁ๹ภງ ᆧഁງภ๙ภᆧ๹๙ภᆸ๴๹๿ภᆸഽ๴๿๿ภ๥ഽภ ๿ࣛ๥ภ๹ภࣛ๪๹ภ๪୶๬ภ୶๬ภ๧ᆩ ๥๧ᆩภ๙ภ๥๤๙ภ๗ภ๤๗ภ ๬๿ภ๗๲๿ภ๩ᆸ๪ภ๬๲๗ภຉภ๗ภೲᆧງภ ภ๥๴๪๙ภ๪๥ภುଥຉ๙ภ๪๚๥ภ ๪๚๥ภ๴๪๥ภ಻ภ๴๪๥ภ๧ᆩ๪๥ภக கภ๙ᆧภ๙ᆧภ๵ᆮ๙๵ภ ᆮ๵๙ᆮภ๙๵ภ ᆮ๴๙ภ๴๪๥ภ๪๥ภ๪ ๪๚๴ภ๚๴ภ๬ᆧภ๬๗ᆧภ๣ᆸ๗๗๣ᆸ๹ภ๗ৄ๹ภৄ๗๹ภ๗๹ภ๬๿ ๬๿ภ๩ᆸภ๬๩ᆸຉภ๗๬ຉภᆧ๗ภ๴ᆧภ๴๪๥ภ๪๥ภଥ๙ภଥ๙ภ಻ภ಻ภ ๙ภ๴ ๣ᆮภஔภ๴๪๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย๮๪ภ๮๪ภ๴๗ᆸ๴๪๥ภภ๪๥ภ๴‫ك‬ภ๴๧‫ك‬ภᆩ ๥๧ᆩภ๙ภ๥๙ภ๥ᆮภৄ๥ᆮภ๗ৄᆩภ๹๗ภᆩ๴๹ภ๴‫ك‬๹ภ‫ك‬๹ภ๬๿ ๥๬๿ภ๥๬๙๹ภ ๬๙๹ภ๥๙ภ๥๴๙ภȲ๿๴๷Ȳ๿ภ๣๷ᆮภஔ๣ᆮภ๴ஔภ๴๪๥ภ๪๥ภ๗ᆸ๥๨๗ᆸภ๼๨ᆩภ๧๼ᆩย๧ย๴๗ᆸภ๴๗ᆸภ ๧ภ๪অ๗๹ภ๧ᆩภகภ๥๪๙ภ๮๥ภ ๪অ๗๹ภ ๪অ๗๹ภ ๴ ‫ۑ‬ภ๬ ๬๝๬ภ๝๬ภ๷๹ภ๷๮๹ภᇍ๗๮ᇍ๹ภ๗ഁ๹ภງ๴ഁ๿ภງ๴๿ภ๴‫ك‬๹ภ‫ك‬๹ภ๬๿ ๬ৄ๿ภ๗ৄภᆧ๗ภᆧภ ๮ᇍ๗๮ᇍ๹ภ๗ଳ๹ภ๧ภଳ๪๧ภ๪অ๗๹ภ অ๗๹ภ๧ᆩ க๧ᆩภ๥கภ๥๪๙ภ๪๙ภ๮๥ภ๮๴๥ภ‫ۑ‬ภ๴‫ۑ‬ภ 12 ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬๝๬ภ ๬๝๬ภ ๗๬๝๬ภ๧๹ภ๴‫ك‬๹ภ ๴‫ك‬๹ภ๬๿ ๬๗๿ภ๚ᆩ๗๗๚ᆩภ๗கภ๮கᇍภ๗๮ᇍ๹ภ๗ଳ๹ภ๧ภଳ๗๧ภ๚ᆩ๗๗๚ᆩภ๗ภ ๵ᆸ๥๵ᆸภ๨๥ภ๥๨ภ๙ภ๥๙ภ๬๝๬ภ ๬๝๬ภ๷๹ภ๷๮๹ภᇍ๗๮ᇍ๹ภ๗ഁ๹ภງ๴ഁ๿ภງ๗๴๿ภ๗๧๹ภ๧๹ภ ๲๿ภ๪๲๗ภೲງภ๥๪๙ภುຉ๙ภᆧ๿๴๬ᆧ๿ภ๪๥ภ๗๬ภ๧๗ᆩ๲๧ภภ๲๧ภৄ ৄ๵ภ๙ภ๵๙ภ๩๧ภ๩๧ภৄ๧ภৄ๗๧ภ๝ᆩ๗๹๝ᆩภ๩๹ภ๧ภ๩๖๧ภ๹ภ๖๷๹ภᆮ๧๷ภ ᆮ˚๧๿ภ๤˚ᆸ ๿ภ๗๤ภᆸ๗கภக๗ภ๲๿๗ภ๪๲๿ภ๪๲๗ภ๲๗ภೲງ ๥ೲງภ๥๪๙ภ๪๙ภುຉ๙ುภ ຉ๴๙ภ๴๪๥ภ๪๥ภ๧ᆩ ๧ᆩภ ๼ᆩ๧๼ᆩย๧ย 12   … འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ 1212ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། (3) Member economic participation. Members contribute equitably to the capital of their co-operatives. Surpluses shall be allocated in accordance with Article 25 of this Act. (4) Autonomy and independence. Co-operatives are autonomous, self-reliant organizations governed by the members. If they enter into agreements with other organizations, including government, or raise capital from external sources, they do so based mutually agreed upon terms that ensure effectively governance by their members and maintain their co-operative autonomy. (5) Education, training and information. Co-operatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their co-operatives. They inform the general public- particularly young people and opinion leaders-about the nature and benefits of cooperation. (6) Cooperation among co-operatives. Co-operatives serve their members most effectively and strengthen the co- operative movement by working together through local, national, regional, and international associations. The Co-operative (Amendment) Act of Bhutan, 2009 7 ุ ๬๿ภৄ๴‫ك‬๹ภ ุ ๴‫ك‬๹ภ ภ๥๨๷ภ๬๴๿ภৄࣟຉภ๥ᆧ๨๷ภ ภக ๪๴๚๴ภ ࣟຉᆧ๬ภகᆧภภ๪๗๚๴ภ๣ᆸ๗๬๹ภᆧภ๤๗๙๹ย ๣ᆸ๗๹ภ๤๙๹ย ๴‫ك‬๹ภ๬๿ภৄ๴‫ك‬๹ภ ภ๗ภᆧ๬ภ๗๿ภৄᆩ๹ภภ๗ภᆧภ๗๬๝๬ภ ᆩ๹ภ ๷๹ภ๬๝๬ภ ๮ᇍ๗๹ภ๷ഁ๹ภງ๴๮๿ภ๬ᇍ๗ภ๹ภ୶ภ๴ഁ‫ۑ‬๧ภ ງ๴๿ภ๬๴ภ୶‫ۑ‬ภภ๴๪‫ۑ‬๧ภ ೺ภೲ๴ງภ๪‫ۑ‬ภঅ๗๹ภ ๪೺ภೲ๧ງภ๪ᆩภ๥অ๗๹ภ ๙ภ๬ภ୶๧ภᆩภ๥๙ภ๬ภ୶ภ ๤ᆮ๪๹ภ๤ᆸ๧๤ᆮภ๨๪ภ๚๹ภᆩ๧๤ภᆸ๧๪๚๴ภ ภ๨ภ๚ᆩ๧Ȳภ๿๬๪๚๴ภ ๹ภ ๥ᆩȲภ๗๿๬ᆩภȲ๹ภ๿๬๴๹ภ๥ᆩภ๥๗ᆸ๧ᆩภȲภื๿๬ฺ๨๴๿ ๹ภ๥ᆸ๧ภืภ๥ฺ๨๴๿ ๗ᆸ๙๹ภ๥ภ๥ᆸ๧๗ᆸภ๥๙๙ภ๹ภ๴๥Ȳ๿ᆸ๧๷ภ๥ภ๪๙ภ๴๿๴ภ୶Ȳ๿๿๹๷ภ ภ๪๴๿ภ୶๿๹ภ ๧๙ภ๪অ๗๹ภ๧๙ภ๧๪ᆩภ๼অ๗๹ภ ᆩ๧ย ๧ᆩภ๼ᆩ๧ย ู ᆧ๙ภ ูುຉ๙ภ๥ᆧ๙ภ ๙ภᆧು๙ภຉ๙๥ภ๥๪๙ภ๙ภᆧย๙ภ๥๪๙ภย ๬๝๬ภ๷๹ภ๬๝๬ภ ๮ᇍ๗๹ภ๷ഁ๹ภງ ৄ๮ภᇍ๗๗๹ภภᆧഁภງภৄภ๹ᆸ๗ภภᆧ๹ภᆸ๴๿ภ๴‫ك‬๹ภ ๹ᆸภ๹๬ᆸ๴๿ภ๿ภৄ๴ภ‫ك‬๹ภ ๬๿ภৄುภ๗ຉ๙ᆩภ๥ภ๴๪๙ภ ๗ᆩภ๥๪๙ภ ๪๥ภು๪ຉ๙๴๿ภ๴ภ๪๥ภᆧ๙ภ ๪๴๿๬ภ๗ᆸภᆧᆧ๙ภ๙ภ ๬๗ᆸภᆧ๙ภ ๴‫ۑ‬ຉ๙๹ภű๴‫ۑ‬ຉ๿ภ๷๹ภ๙๹ภഁງű๚๿ภᆩ๗๷ภ๹ภ๼ᆩ๧ഁภງภ๚ᆩ๗๥ᆮภ๼ภ๴ᆩ๧๪๥๱ภ ภ ๥ᆮ๷ภ๴๹ภ๪๥๱ภ ๪ೲງ๧๷ภ๣๹ภᆮภ๪ೲງ๖ᆸ๧๙ภภ๣ৄᆮภภ ๖ᆸ๗ઈ๙ภ ๙ภৄภ๗ᆩภ๷๗ઈ๙ภ๹ภƥ๙๹ภ ๗ᆩภ๷ű๹ภ๿๹ƥภ ๙๹ภű๿๹ภ ๗๭ᇍ๹ภ๨๴๿๗๭ᇍภ๷๹ภ๹ภഁ๨ງภ๴๿๗ภ๲๧ภ๷๹ภৄഁภ๥ງภ๗๙ภ๲๧ภ๗๚ᆩৄ๗ภ๥ภ๖๙ภᆧภ๗๚ᆩஔภ๗ภ๴๖๪๥ภ ᆧภ๧ஔภᆩภ๥๴๙ภ๪๥ภ ๵๙ภ ๧ᆩภ๥๧๙ภࡲ๿๵๙ภภଳ๷ภ๧ภ๷๹ภࡲ๿ภ๬ଳภ๷ภ୶ ๷๷๹ภᆮ๧ ๬ภ୶ภ๷ᆮ๧ภ ๧ᆩภ๷ภ๹ᆸ๗๹ภ๧ᆩภ๨๷ภภ๴๹๪๥ภ ᆸ๗๹ภ๴๨๥ᆸภ๴๥ภ๪๥ภ ๵ᆸ๥๴ภ๨๥ᆸภ๚๥ᆩ๧ภ๵ภᆸ๥ภ๨ภஔภ๚ᆩ๧๥ภᆮภৄภ๗ஔภᆩ๹ ๬๥ᆮภ๝๬ภ ৄภ๗๷ᆩ๹๹ภภ๬๮๝๬ภᇍ๗๹ภ๷ഁ๹ภງ ๴๮๥ᆩᇍ๗ภ๹ภഁງภᆧ๙ภ ๴๥ᆩภುຉ๙ภ ᆧ๙ภುຉ๙ภ ๴๪๥ภ๪๲๗ภ๴๪๥ภৄ๗๹ภ ๪๲๗ภ๤๪๹ภ ৄ๗๹ภ๥๙ภ๤๹๪๹ภ ᆸภ ᆸ๴๥๿ภ๴๙ภ‫ك‬๹ภ ๹ᆸภ๹๬ᆸ๴๿ภ๿ภৄ๴ภ‫ك‬๹ภ ๗ᆩภ๥ᆸ๧๬ภ๿ภഭৄ๿๧ภ๗ภ˚ᆩภ๥๿ภ๥ᆸ๧๪๙ภ ภഭ๿๧ುภ˚ຉ๙๿ภ๥ภ๪๙ภ๙ᆮ๹ುภຉ๙๗ภ๣๧ภ๙ᆮ๴๹๪๥ภภ๗๣๧ภ๴๪๥ภ ৄ๗๹ภ๧ᆩภ๗ৄ๗๹ภᆩภ ๲๿ ๥๧ᆸ๧ᆩภ๗ภகᆩภ๗ภ๲๿๩๧ภ ภ๥ᆸ๧ৄภக๧ภภ๬๩๧ภຉ๹ ๬ৄ‫ك‬๧ภ ๧ภ๬˚ຉ๹๿ภภ๖๬ภ๴‫ك‬๧ภ๛๬ภ˚๨๿ภ๖ภ๚ภ๴ᆩ๧๛๬ภ ภ๥ᆮภக๨ภภ๗๚๲๿ᆩ๧ภภ๪๥ᆮภ๲๗ภ கภ๗ೲ๲๿ງภ๴ภ๪๪๥ภ ๲๗ภ๛ೲᆸ๗ງภ๴ย๪๥ภ๛ᆸ๗ย ฺ ๸ᆮฺ๹ภ๵ᆸ๧ภ๥๸ᆮ๙ภ๹ഠภ๵ຉ๙ᆸ๧ภ๪ภ๥୛ᆧภ๙ภഠຉ๙๗ᆸภ๪ภ๪୛ᆧภ୛ภഖຉ๥๗ᆸภ๤ภ๪๪๹ย ୛ภഖຉ๥ภ๤๪๹ย ๖ᆸ๙ภৄภ๗ᆩ๹๖ᆸภ๙ภৄ๬๝๬ภภ๗ᆩ๹ภ๷๹ภ๬๝๬ภ ๮ᇍ๗๹ภ๷ഁ๹ภງ ๗๮ᆸ๙ᇍ๗ภ๴๹ภ๩ᆮഁ๷ງภ๗ภகᆸ๙ภภ๴๩ᆮ๥ᆸ๷๧ภภகഭ๿๧ภภ๚๥ᆸ๧ภ๧˚ภഭ๿ภ๲๿๧๪๹ภ ภ๚๧ภ๣˚ᆸ๗๿ภ๲ภઈ๪๹ภ ภৄ๗๹๨ภ๣ᆸ๗ภઈ๪ภৄ๳ຉ๗๹๨ภ ภ ๪๳ຉภ ๧ᆩ๴๿ภ๥ᆸ๧ภ๷๧ᆩ๹๴๿ภ๥ᆸ๧๬๝๬ภ ภ๷๹๷๹ภ๬๝๬ภ ๮ᇍ๗๹ภ๷ഁ๹ภງ ๗๮ᆩ๹ᇍ๗ภ๹ภ๹ᆸ ഁ๹ງภᆸ๴๗๿ภᆩ๹๴ภ‫ك‬๹ภ ๹ᆸภ๹๬ᆸ๴๿ภ๿ภৄ๴ภ‫ك‬๹ภ ๥๙ภ๴๬๥ᆮ๿ภৄ๬ภ๥๹ภ๙ภ๴๴‫ك‬ภ๥ᆮ๴๬๪๥ภ ๹ภ๴๵‫ك‬ภᆸ๥๴ภ๨๪๥ภ ๴๿ภ๵ᆸ๥ภ๨๴๿ภ ๴‫ك‬๹ภ๬๿ภ಻๴‫ك‬๹ภ ภ๮๪ภৄ๬ภ๿ภ๥಻๙ภภ๮๪ภ๴๯ᇇ ৄภ๥๧๙ภುຉ๙๴๯ᇇ ภ๨ภ๥๧๙ภภುຉ๙ภ๷๹ภ ๨ภ๥๙ภ๗๵ᆸ๗๷๹ภ ๨ภৄ๗ภக๵ᆸภ๗๸๨ภᆮ๹ৄ๵ภᆸ๧கภภ๥๸๙ภᆮ๹ഠภ๵ຉ๙ᆸ๧ภ๪ภ๥୛ᆧภ๙ภഠࣟຉ๙๿๧ภ๪ภ ୛ᆧภࣟ๿๧ภ ๥๗ᆸ๨ภ๼ᆩ๧๥๗ᆸย๖ᆸ๨ภ๙๼ภ๛ᆩ๧ภย๖ᆸȬ๪ภű๙๿๹ภ๛ภภȬ๪ภ๬๝๬ภ ű๿๹๷ภ๹ภ๬๝๬ภ ๮ᇍ๗๹ภ๷ഁ๹ภງ๴๮๿ภᆧᇍ๗๙ภ๹ภ๪ഁ๲๿ງ๴๧๿ภᆧภ๥๙ภ๙ภ๪๖๲๿ᆮภ๩๧๧ภภ๥˚๙ภ๿ ೆ๖ຉᆧᆮภ๩ภ๷๧ภ๹ภ˚๿ภೆຉᆧ๬๿ภภ๷๹ภ ๬๿ภ  ๥๬๙๹ภഓ๿ภ๥๙ภ ధ๗ภ๨ᆧภ‫ډ‬ภ๧ภ๗๲ຉ๧ภৄภ๥๙ภ ˠຉ๹ภ๥๪๙ภ๵ᆸ๥ภ๨๴๿ภ๴๗ᆸภȲ๿๥ภ๨ภৄภகภ๗ᆸภ๪୛ภ 13 13  ഖຉ๥ภ๥๗ᆸย ฻ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ๬๝๬ภ๴ࣤງ๷ย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภৄภ๗ᆩ๹ภ ᆧ๙ภ๹ᆸ๴๿ภ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๲๪๹ภ๣ᆸ๗ภ๥ᆸ๧ภഭ๿๧ภ๛ᆮภ๣ᆸ๗ภ๣ᆸภ๴๪๥ภઈภ ๥๗ᆸ๨ภ๬ภ๮๥ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆩ๹ภ๧๙ภ๴๖ᆸ๥ภ๹ภ๗๧๹ภ๥๙ภ๴࣡๗ภ๗ᆩภଳ๷ภ๵ᆸ๙๹ภக๙ภ ࡲຉ๗๹ภ๬๙๴ภഁງภ๥๙ภ ଳ๷ภഓ๿๴๿ภ๮ᇍ๗๹ภ๨ภৄภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ๵๙ภ๬๝๬ภ๴ࣤງ๷ภ˚๿ภஔภ๴๪๥ภ ৄ๗๹ภ๧ᆩภ๗ᆩภయ๗๹ภ๵ᆸ๥๨ภ๪๳ຉภ๥๗ᆸ๨ภ๼ᆩ๧ย ‰ ๬๿ภഁງ๴๿ภ๥ᆸ๧ภகภ๮ภ˚๙ภย ฼ འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། (7) Concern for the community. Co-operatives work for the sustainable development of their communities through policies approved by their members. CHAPTER III Regulation of Co-operatives

Article 5: Regulatory agency and its powers. The Ministry of Agriculture and Forests (MoAF) is mandated to implement this Act. It shall discharge the following regulatory powers and responsibilities: (1) Register all co-operatives under this Act; (2) Require all registered co-operatives to submit annual report including duly audited financial statements; (3) Monitor and evaluate co-operatives to ensure that they abide with and sanction those that have violated, this Act; their Constitution and By-laws and the policies and rules of the MoAF; (4) Provide legal services on training, information and advice to co-operatives; The Co-operative (Amendment) Act of Bhutan, 2009 8 ࡲຉ๗๹ภ๬๙๴ภഁງภ๥๙ภ ଳ๷ภഓ๿๴๿ภ๮ᇍ๗๹ภ๨ภৄภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ๵๙ภ๬๝๬ภ๴ࣤງ๷ภ˚๿ภஔภ๴๪๥ภ ৄ๗๹ภ๧ᆩภ๗ᆩภయ๗๹ภ๵ᆸ๥๨ภ๪๳ຉภ๥๗ᆸ๨ภ๼ᆩ๧ย ฼ ๬๿ภഁງ๴๿ภ๥ᆸ๧ภகภ๮ภ˚๙ภย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆩ๹ภ ๹ᆸภ๹ᆸ๴๿ภ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๛ภ๴๜ᆸ๗ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ ഽ๿๥ภࣛ๹ภ๥๙ภ ๴Ȳ๿๷ภ๣ᆮภᆧ๙ภ๹ᆸ๴๿ภ๬๿ภഁງภৄภ૱๧ภ๪୑๧ภ๗ᆸ๙ภ๴๩ᆮ๷ภ˚๿ภ๥ᆸ๧ภகภஔภ๴๪๥ภ๥๗ᆸย  ๷ᆮ્ภ๗ಸ๬ภ๨ย ๷ᆮ્ภ๗ಸ๬ภ๨ย ๷ᆮ્ภ๗ಸ๬ภ ๬๝๬ภ๷ᆮ๨્๷ภย๗๹ภಸ๬ภ ๮ᇍ๗๹ภ๨ยഁງ๴๿ภȲ๿๬๹ภக๗๹ย ๬๝๬ภ  ๷Ȳ๿๹ภ๬๮๹ภᇍ๗๹ภ๥ᆸ๧ഁภງ๴ฺ๨ย๿ภȲ๿๬๹ภக๬๝๬ภ ๗๹ย๷๹ภ๮ᇍ๬๝๬ภ ๗๹ภ๷ഁງ๹ภ๴๿ภ๮Ȳᇍ ๿๗๬๹ภ๹ภഁງக๴๿ภȲ๿๗๹ย ๬๹ภக๗๹ย க๗๹ภ๷๬๗ภ๹ภ๷கȲ๿๧ᆮ๗๹ภ๬ภ˚๹ภ๿ ๷๙๥ᆸภ๗ภ๮ᆸ๧๪ภ๷ภȲ๿๷๧ᆮ๬ภ๹ภ˚๹ภ๿ภƥ๙ᆸ๥ Ȳ๿๬๹ภ๥Ȳ๿ᆸ๧ภ๬๹ภฺ๨ยȲ๿ ฺ๨ยȲ๿ ᆸ๮๧ภ๪ภ๷๥๬๙ภ๹ภ๹ภƥ ภ๙๹ภ ฺ๨ยȲ๿ க๥ᆮ๙๹ภ๴๗๹ภ๿ ๥๥๬๪๙ภ ๙ภ๷๹ภ๗ภ๮க๥ᆮ๷๥ย ๴๿ภ๧ᆮ ๗๹ภ๥ภ˚๪๙ภ๷๿ภ๙ᆸ๗ภภ๮๮๷๥ย๪ภ๧ᆮภ๷˚๿ภ๹ภ๙ᆸภƥ๮๪ภ๙๹ภ๷๥๹ภ๙ภƥ๥ᆮ๙๹ภ๴๿ ๥๙ภ๪๙  ๹ᆸ๹ᆸภ๧ภ๧๬ภ๬ภ๥ధ๙ภ๧ภ๧๖๗๹ภ ๗ภக๮ภ๷ภ๪๚๴ภ ధ๧ภ๖Ȳ๗ภ๿๬๹ᆸக๹ภภ๧ภ๴๬ภ๪๚๴ภ ๥ᆩధภ๧ภ๹ᆸ๷๗ภ๖Ȳภ๧๗ภ๿๬๬ภ๷க๹ภᆮ๧ภధ๴ภ๧ภ๴๥ᆩ๤๪ภ ๖๪๚๴ภ ภ๗ภ๷๗ภ ๧கᆩ๴ภȲ๿ ๪๷๿๬๕๴ภ ᆮ๧๹ภ๪๚๴ภ ภ๴๴ଳ๤๪ภ ๥ᆩ๗ภȲ๧๙ภ ๧๿๬ᆩ๴๹ภ๷๗ภ๵๿ภ๪๴ᆸ๥๕๴ภ ๷๥ᆩ๨ภᆮภ๧๷ଳภ๴๹ภ๷๗ภ ภ๗๤๪ภ ๧๙ภ๥ᆮ๷๧ภ ᆮᆩ๧๴๿ภ๴๪๤๪ภ ๕๴ภ๧ଳᆩ ภ๴๗  ๵ᆸ๗ᆩ๥๹๨ภภ๗๷๸๬ภ ๹ภ๗๹๷ภ ๥ᆮภ๗ᆩ๹Ȳภ๿๬๗๹ภ๸๬ภக๗๹ภ ๗๹๷ภ ๗ᆩ๷๹๗ภภȲ๗๷๿๬๸๬ภᆮ๧๹ภภ๗ᆩ˚க๗๹๿ภ๥๗๹ภภ๹๷ภ ๪๙ภ ๗ ๷Ȳ ๮๗ภ๥ภ๿๬๗๷๥๹ภ๹๷ภ ๸๬ภ ๙ภᆮ๧கภ˚๿Ȳ ๗๹ภ๥๿๬๪๙ภ๴๗๧ภ ๷๹ภ๗ภ๮க๥ภ๷๖๥ᆮ๧๗๹ภ๗ภ๙ภ˚ৄ๷๿ภ๥๷๗ภ๴๗๧ภ ๗ภ๷๷ᆮ๧๮ᆮ๧ภ˚๖๥ภภ๴๗ภ๿ ๥๤๪ภ๙ภৄ๪๙ภ๮๥ภ๥๴๗๧ภ ๪๙ภ ๙ภ๖  ๷๗ภ ๥๗ᆸ๷๨ภᆮ๧๼ภ๴ᆩ๧ย๤๪ภ๥๗ᆸ๨ภ๼ᆩ๧ย ๥๗ᆸ๨ภ๼ᆩ๧ย๥๗ᆸ๨ภ๼ᆩ๧ย ึ ึ๬๝๬ภ๷๬๝๬ภ ๹ภ๮ᇍ๗๷๹ภ๹ภഁ๮ງภึ ๛ᇍ๗ภ๬๹ภ๝๬ภഁງ ᆧ๛๙ภภึ ๬๬๝๬ภ ๝๬ภ๪๚๴ภ ᆧ๷๹ภ๙ภȲ๮๿๬ᇍ๬๝๬ภ ๹ภ ๴ ๥ᆩ ๪๚๴ภ ภ ๥14๙ภȲ๴๿๬Ȳ๿๹ภ๷๴ภ๣๥ᆩᆮภ๤ภ๥ᆸภ๪๙ภ๕ᆸ๴๥Ȳ๿ภ๴๷๪๥ภภ๣ᆮ ๧๤ᆩยᆸภ ๗๹ภ๷ഁງ๹ภภ๛๮ᇍ๬๗๹ภ๝๬ภഁງᆧภ๛๙ภ๬๝๬ภ ๪๚๴ภᆧ๙ภȲ๿๬๹ภ๪๚๴ภ ๴๥ᆩภȲ๥๿๬๙ภ๹ภ๴๴Ȳ๿๥๷ ื ๤ᆸภ๪๕ᆸ๥ภ๴๪๕ᆸ๪๥ภ๮๴ᆧภ๪๥ภ๪ื ๧๴๿ᆩภย๬๝๬ภ๷๤ᆸ๹ภภื ๪๮๕ᆸᇍ๗๥๹ภภ๴ഁ๤ᆸງภภ๪๥ภ๗๪ภ๕ᆸᆧ๮ภ๥ᆧภ๗ᆩ๹๴๪ภ๴๿๪๥ภ ภ๬๹ᆸ๮๝๬ภ ภᆧภ๹ᆸ๴๪๷๿ภ๴๿๷๹ภภᆸภ๬๴๮๖ᆸᇍ๗๝๬ภᆧ๹ภภ˚๷ഁ๿ภ೘ງ๹ภภ๗๧ภ๮ઈᇍᆧ๗ภภ๗๹ภᆩ๹ഁภງภ๗ภᆧ๹ᆸภภ๗๹ ื࠘๷ภ๥๗ᆸ๤ᆸ๨ภ๥๪๙ภ๕ᆸ๥ภ๴๥ᆮภ๪๥ภ๙ภ๮๗ᆧภ๚ᆩ๪๗๴๿࠘๷ภ ภภ๖๬ᆧภ๝๬ภ ๥๗ᆸ๷๨୶๿๹ภภ๥࠘๷ภ ๹๙ภภ๮ᇍ๲๗๥๿๪๗ᆸภ๹ภଫ๨ഁ๥ᆮ๪ภภງ๥๗๮๙ภภᆧภᆧ๗ภ๪๗๚ᆩᆩ๴๿๹๥ᆮ๗ภภ๥ภ̣๷ภ ๥๖๹ᆸ๙ภᆧภ๹๗๴ᆸ๴๚ᆩࣤງ๿ภ๗๷୶๿ภภᆸ๖๗๴๹๖ᆸ๹๷ภ ภᆧภ๲ᆧ๿๪ภଫ୶๿๪ภ๹๮ภ๲ᆧภ๿๪๪ภଫ๴ ๪๸๥ภৄ˚๿ภ๵ภ๙ภ೘๧ภണ๞ภઈ๣ภ࠘ᆮภ࠘๷ภ๷ภ๥๥๗ᆸ๗ᆸ๨ยภ๥๙ภ ๥ᆮภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ ୶๿๹ภ๲๿๪ภଫ๪ภ๮ᆧภ๪๴๿ภ ๥̣๷ภ ๴ ࣤງ ๷ ภ ๗ ๹๷ภ ๪ ๪๸๥ภ ๸๥ภ ৄ ৄภ๵ภ๵๙ภ๙ภ๪๸๥ภ ണ ണ๣๞ภৄᆮภ࠘๣ภ๷ภᆮภ๵࠘๙ภ๷ภ๥ണ๗ᆸ๥ย๞ภ๗ᆸย๣ᆮภ࠘๷ภ๥๗ᆸย ๞ภ Pุ Pุุ ๬๝๬ภ ๬๝๬ภ๷๹ภ๷๹ภ๮๹ภ๮ᇍ๗๮ᇍ๗ᇍ๹ภ๗๹ภഁ๹ภഁງ ഁງภৄງ ภৄ๗ᆩ๹ᆩภ๗ภᆩ๹ภ๪๚๴ภ ๪๚๴ภ ๪๚๴ภ Ȳ๿๬Ȳ๹ภ๿๬Ȳ๴๿๹ภ๬๥ᆩ๴๹ภภ๥๥ᆩ๙ภ๴๥ᆩภ๙ภ๥๙ภ๖ᆸ๙ภᆧ๖ᆸ๙ภ๙๖ᆸ๗ภᆧ๙ᆩภ୶ภ๙ภᆧภȲ๗๙ภ๿๬ᆩ ๹ภ୶๗ᆩ๥୶๙ภภ ุ ุ ๬๝๬ภ๷๹ภ๮ᇍ๬๝๬ภ ๗๹ภ๷ഁງ๹ภภৄ๮ภ ᇍ๗ᆩ๹ภഁງภৄภ๗ᆩ๪๚๴ภ ๹ภȲ๿๬๹ภ๪๚๴ภ ๴๥ᆩภȲ๥๿๬๙ภ๹ภ๴๥ᆩ๖ᆸภ๥๙ Ȳ๿๬Ȳ๿๹ภ๬๥๹ภ๙ภக๥Ȳ๙ภ๿๗๹ภ๬Ȳ๿ৄ๹ภ๬๥க๹ภ๙ภக๗๹ภ๗๹ภ๹ᆸৄภ๧๥ৄ๬ภภ๙ภ๥ధ๙ภ๧ภ๖๗ภ๗ᆩ๹ᆸภภ๧๹ᆸภഽ๿๬ภ๧๥๥ภ๬ภࣛ๙ภ๥๹ภ๧๙ภ๥๧๙ภ๗๹ภ๗๹ภ๮Ȳ๿๷ภ๮๬ధ๷ภ๹ภ๧ภధக๖๧ภ๗๹ภ๗ภ๖ৄ๗ภᆩ๥๗ᆩ๙ภภ ഽ๿๥ഽ๿๙ᆮภࣛ๹๥๹ภภࣛ๗๣๧ภ ๥๹ภ๙ภ๥๴๙ภȲ๿๷Ȳ๿ภ๬๣Ȳ๿ᆮภ๹ภ๬க๹ภ๴๪๥ภ Ȳ๿๬๹ภக Ȳ๿๗๹ภ๬ৄ๹ภภ๥க๙ภ๗๹ภৄ๹ᆸภ๥๧๙ภ๬ภధ๧ภ๹ภ๹ᆸ๖๥ภ๧๗ภᆸ๧๬ภภ๥๬๗ᆮภৄᆩภధ๿ ത๧ภภ๷ງ ๖ഽ๿๹ภ๗ภ๥ ๗ࣛᆩภ๹ภ๥ഽ๿๙ภ๥ภࣛ க๗๹ภ๗๹ภৄ๬๿ภ๥ৄത๙ภງภ๪๥௟ภ๙ภ๲๙ᆮ๿๪๹๙ᆮภ๴ภ๹๗๪๥ภภ๗๣๧ภ๧๣๧ภᆩภ๴๥๙ภȲ๿๴๷Ȳ๿ภ๣๷Ȳ๿ᆮภ๣๬ᆮภ๴๪๥ภ ๴๪๥ภ๬๿ภതງภ ๪௟ภ ๴๗๷ภ ๪௟ภ ๲ ๿ ๪ ๲ ๴๬ ๿ ๪๪๥ภ ภ ๿ ৄ ๴ภக ๪๥ภ๧ ภ ภ ᆩ  ๥ ๝ᆮ ๧ ๙ภ ๹ ᆩ ภ ๥  Ȳ๙ภ ๬ ๿ Ȳ๿  ๬ ๹ภ Ȳ๿๪๹ภ ๬ ๙ᆮ๹ภ๥๹ᆸ๧๥๵ภ๗ภ ᆸ๧ᆸ๥๣๧ภ ๕๷ภ ᆮ ภ ৄ ๬ ๥ ງ ๥ ᆮ ภৄ ๲ ๴ภ௟ภ๹Ȳ๪๥ภภ๿๬๲Ȳ๬๥๿๹ภ๿๬๿๪ภ๗ᆸภത๹ภยງ๴ภ๪๥ภ௟ภ๲๧ᆩ๿ภ๪๥ภ๴๙ภ๪๥ภ ๣ৄ๪கᆮภภ௟ภக๬๲๿ภภത๿๝ᆮ๪ງภภ๹๪๴๪๥ภ ๴๿๪๬Ȳ๿ภ ๿ภ๥๷๬ৄ๙ภภ๴๪๥ภ ๧ภᆮภภ๗๷ภ ๙ᆮ๴ภ๷ৄ๹ภȲ๿๷ภ๹ภ๗ภ๷๗๹ภᆩภ๴๥ภ๣ࣟງ๗๷ภ ๴ ๿ ๝ᆮ   ๪๕๷ภ ๪๕๷ภ๵ᆸ๥๵ภ ᆸ๬๥ງภ๥๬ภ ງৄ๥ภৄ๗ᆩภ๥๗ᆩภࣟງ๥ภ๲ࣟງ๿ภ๪๲ภ ๿๥๪๴๗๷ภ ภ๙ภ๥๪๙ภ௟ภ๪๬๲௟ภ๿ภৄ๿๪๲ภக ๴๗๷ภ ภ ๿๴๪ภภ๴๪๥ภ๝ᆮ๬๪๥ภ๿ภ๹ৄภ๗ᆸภȲ๥๿க๬ย๗ᆸภ๹ภ18ย๝ᆮ๪๹ภ๕๷ภȲ๿๬๵ᆸ๹ภ๥ภ๪๬ງ๥๕๷ภภৄภ๵๗ᆸ๥ᆩภ ภ๥๬ࣟງງ๥ภ ภ๲ৄ๿๪ภ ภ๗๥ᆩภ๥๙ภࣟ๪  ูู ๬๝๬ภ ๬๝๬ภ๷๹ภ๷๮๹ภᇍ๞๮ภ ᇍഁ๞ງภഁகງภகภഠຉ๙ഠຉภ๪๙ภ๪୛ᆧภ୛ᆧภ๥๙ภ๥๙ภ๪୛ภ๪୛ภ๥ᆸ๧15๥ภ ᆸ๗๧ภ๗๧๹ภ๧๹ภৄ๷ภৄৄ๷ภৄ๗ᆩภ๥๗ᆸ ᆩภ๧๥ภ ᆸ๧ภ ๷๹ภ๷๹ภȲ๿๬Ȳ๿๹ภ๬ ๥๹ภᆸ๧๥ภ ᆸ๷๧ภ๹ภ๷ ๗๹ภ๵ᆸ๗๗๵ᆸ๨ภ๗๥๨ภ๙ภ๥๙ภ๪ി๪ภ ๪ി๪ภೲຉ๧ೲภ ຉৄ๧ภ๴ৄภࣟ๿๴๧ࣟ๿ภ๥๧ภ๗ᆸ๥ย๗ᆸย 15 ¸  འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། (5) Prescribe, after consultation with the co-operative sector, the implementing rules of this Act, which shall include, but shall not be limited to, the following: (a) Mediation and conciliation of co-operatives; (b) Division, merger and consolidation of co-operatives; and (c) Dissolution and insolvency of co-operatives;

Article 6: Management and Decentralization. The Ministry of Agiculture and Forests (MoAF) shall, when necessary, delegate the power of registration and monitoring of co-operatives to Dzongkhags and prescribe the rules governing such delegation. CHAPTER IV Types of Co-operatives and their requirement for Registration

Article 7: Types of co-operatives. The types of co-operatives that may be organized under this Act are: primary co-operatives, federation of co-operatives, union of co-operatives, and special types of co-operatives. The Co-operative (Amendment) Act of Bhutan, 2009 9 ู ๬๝๬ภ๷๹ภ๮ᇍ๞ภഁງภகภ ഠຉ๙ภ๪୛ᆧภ๥๙ภ ๪୛ภ๥ᆸ๧ภ๗๧๹ภৄ๷ภৄภ๗ᆩภ๥ᆸ๧ภ๷๹ภ Ȳ๿๬๹ภ ๥ᆸ๧ภ๷๹ภ๗๵ᆸ๗๨ภ๥๙ภ๪ി๪ภೲຉ๧ภৄภ๴ࣟ๿๧ภ๥๗ᆸย ฺ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๷๹ภƥ๙๹ภৄภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ ˠຉ๹ภ๪೫๧ภ๴๪๥ภ๲๿๧ภ๧ภ ๪๚๴ภȲ๿๬๹ภ๥ᆮภ ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๧ᆩภ๗ᆩภȲ๿๬๹ภக๗๹ภৄภ ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸย ๥ᆮภ๗ᆩภˠ๙๹ภಸภ๴ຉ๗ภ๗ᆩภ๗๧๥ภ๥ᆸ๧ภৄภৄ๥ย ๕  ๬๝๬ภ๷๹ภ๮ᇍ๞ภഁງภৄภ๗ᆩภ๴‫ډ‬๬๹ภ๴ˠ๿๞ภ๥๙ภ๧๙ภ೏๿๗ภ๪๳ຉภ๧ᆩย ๖  ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ ๖๗ภ๹ᆸภ๹ᆸᆧภ๥ࣟງภ๧ᆩภ๥๙ภ ๗๚ᆩ๗ภ๖ᆧภ๪௦๪ภ๧ᆩภ ๬๝๬ภ๪ഁຉ๬ภ๪๳ຉภ๧ᆩภ๥๙ภย   ๗  ๗ ๬๝๬ภ  ๷๬๝๬ภ ๹ภ๮ᇍ๞๷ภഁ๹ภງภ๮ൿ๬ภ ᇍ๞ภഁ๗ງภ๣๙ภൿ๬ภ๧ᆩภ๥๗๙ภ๣๙ภ୶ภ๧ᆩೲ๥ຉ๙๙ภภ๗๣ᆸ୶ภ๧ೲภ๧ຉ๙ᆩยภ๗๣ᆸ๧ภ๧ᆩย   Ȳ๿๬๹ภȲ๿๥ᆸ๧๬ภ๹ภ฻๨ย๴๯ᇇ ๥ᆸ๧ภ฻๨ย๴๯ᇇ๧ภುຉ๙ภ๥๧๙ภು๥๪๙ภ ຉ๙ภ๥๮๙ภ๥ภ๥ࡲ๪๙ภ๿ᆧภഗ๮ງ๷๥ภยࡲ๿ᆧภഗງ๷ย ๹ᆸภ๧๹ᆸ๬ภภ๧๬ภ๥๙ภధ๧ภ๗๹ภ ๖๗ภ๮๗๷ภᆩ๹ภధ๧ภ๥๗ᆸ๖๗ภ๹๗ภ๬ᆩ๹๖ᆸภ๥๗ᆸ๙ภ๹๪೫๧ภ ภ๗๷ภ๣๥ᆮภ๙ภ๪๬๝๬ภ ೫๧ภ๣๷ᆮภ๹ภ ๮๬๝๬ภ ᇍ๗๹ภഁ๷ງภ๹ภ๤ᆸภ๪๮๕ᆸᇍ๗๥๹ภภ๴ഁ๪๥ภງภ๤ᆸ ๧๪ᆩภ๕ᆸ๥๙ภ๥ ๴๪๥ภ๪௟ภ๧ᆩ๲ภ ๿๥๪ภ๙ภ๴๪๥ภ๪௟ภ๧ᆩ๴๲๿ภ ๿๥๪ภ๴๪๙ภ๮๪๥ภ๥ภ๧ᆩৄ๴ภ ๿ภ๥୻ຉ๙๪๙ภภ๖๮๗ภ๥ภৄৄภ ภகภ๗୻ຉ๙๧๙ภภ๖๧ᆩภ๗ภ๥ৄ๙ภகภ๥ᆮภ๗๪๧๙ภ઩๬ภ๧ᆩภ๬๥๴๿๙ภภ ๥ᆮ๥๪๙ภภ๪ ๮઩๬ภ๥ภ๷๬๗ภ๴๿  ๥๪๙ภ๷ᆮ๧ภ๮๴๥ภ๤๪ภ๷๗ภ๤๷๙๹ภᆮ๧ภೆ๴ຉᆧภ๤๪ภ๷ ๤๹ภ๙๹ภȲ๿๬ೆຉ๹ภᆧக๷๹ภ๗๹ภű๿ภৄภȲ๿๵๬๙ภ๹ภக๗๹๷ภ ๗๹ภ๪ৄภ๕ᆸ๵๥ภ๙ภ๴๪๥ภ๗๹๷ภ ๥๗ᆸย๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸย   ๷ᆮ્ภ๪๲๿ภ๨ย ๷ᆮ્ภ๪๲๿ภ๨ย ๷ᆮ્ภ๪๷ᆮ๲๿્ภ๨ภ๪ย๲๿ภ๨ย 16 ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁ๬๝๬ภ ๿ภ๥ࣟງภ๷๪๷๹ภภ๥๹ภ๙ภ๮ᇍ๗๮๤ᆸ๹ภᇍ๗ภภ๹ภഁ๪ງ๴๕ᆸഁ๿ภ๥๥ງ๴ภࣟງ๴๿ภ๥ภ๬๝๬ภ ງ๴๬๝๬ภ ๪ࣟງภ๥ภ๪๷๥๙ภภ๗ᆸ๹ภ๥๙ภภ๨๮๤ᆸ๴๿ᇍภภ๗๪ภ๤ᆸ๹ภೆ๕ᆸภຉᆧภഁ๥๪ยງภ๴๕ᆸ๿ภ๥๪๥ภ ๪๥ภ ๥ࣟງภ๴๥๪๪๥ภภ๗ᆸ๥ภ๙ภ๨๥๴๿๗ᆸภ๤ᆸೆภ๨ภຉภᆧ๴๿๪ย๕ᆸภೆ๥ຉᆧภ๴ย๪๥ภ๥๗ᆸภ๨๴๿ภೆຉᆧย Ȳ๿๬๹ภ๥Ȳ๿ᆸ๧๬ภ฼๹ภ๥ᆸ๧ภ ๨ย๬๝๬ภ฼Ȳ๿๬๹ภ๷ ๨ย๬๝๬ภ ๥๹ภᆸ๧ภ฼๮๨ย๬๝๬ภ ᇍ๗๷๹ภ๹ภഁງ๴๮๿ภᇍ๗๥Ȳ๿ࣟງ๹ภ๬๷๪ഁ๹ภງย๴๥๮๿ภ๥ᆸ ᇍ๧๗ࣟງภ฼๹ภภ๪ഁยງ๴๿ภ๥ ๨ย๬๝๬ภ ࣟງภ๪ย๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥ࣟງภ๪ย ๪๚๴ภ๪๚๴ภȲ๿Ȳ๬๿๬๹ภ๹ภ๴๴๥ᆩภ๥ᆩ๥ภ๥๙ภ๙ภ๪๚๴ภ Ȳ๿๬๹ภ๴๪অ๗๹ภ ๴๵ᆸ๴๥Ȳ๿Ȳ๿ภ๬๷๷๿ภภৄภ๣๣ᆮภภ๵ᆮภ๙ภ๪অ๗๹ภ ๥ᆩภ๥๙ภ๴๧Ȳ๿ᆩภ๼๷ ๧ ᆩ ภ ๪๚๴ภภᆩ๧๣ภᆮȲ๬๿๬๿ภ๗๹ภᆩภ๬๴ ๼ ᆩ ๧ ภ ๬ ภ ๿ ๗ ᆩ ภ ๪অ๗๹ภ ๬ ๝๬ภ ๼ᆩ๹ภ๧ภഁ๬ງ ๿ภ๴๿๗ภ ᆩ๥ภ๬ࣟງภ๪๝๬ภภ๬๷ภ๴ ࣟງภ๷๪ภภ๬ภ๮๧ภ๴๴ᇍᆩภ๗‫ۑ‬๱ภ ภ๥๪অ๗๹ภ ๝๬ภ๥ᆩภ๷๥๷๧๙ภ๹ภᆩ ๴๼๮ᆩȲ๿๧ᇍ ᇍ๗ภ๷๬๹ภภ ๿ภ๣ഁᆮ๗ภ ᆩภ๬ງງ๴๿๝๬ภ ๿ ‫ۑ‬๱ภഁ๹ภງ ๮ᇍ๗ഓ๿๹ภภ๬ഁງภ‫ك‬๧ภ ๬  ๴๗ᆸ ภ ๪ অ๗๹ภ ๵ᆸ ๥ ภ ๬ ๬ ๿ ภ ৄ ๝๬ภภ๵ ๙ภ ๷ ๹ภ ๴๗ᆸ ๮ ᇍ ภ ๪ ๹ภ অ๗๹ภ ഁ ภ ງ  ഓ๿ ๬ ภ๝๬ภ ๬ ‫ك‬๧ภ ๷ ๹ภ ๬ ๮ ๝๬ภ ๗ ᇍ ๹ภ ๷ ๵ᆸ๥๵ᆸภ๬๥ภ๿๬ৄ๿ภৄภ๵ภ๵๙ภ๙ภ๴๗ᆸ๴๗ᆸภ๪๷๹ภภ๪অ๗๹ภ অ๗๹ภ๬๬๝๬ภ๝๬ภ๷๷๹ภ๹ภ๮๮ᇍ ᇍ๗๹ภഁງ ງภ ഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗ᇍ๗๹ภ๹ภഁഁງภງภ๬๝๬ภ ๮ ๗ ᇍ ๹ภ ഁ ງ ภ௟ ງ ภ ๪ ภ ๬ ‫ك‬๧ภ ๷๹ภ ๴ ࣤງ ๮ ๷ ๗ ᇍ ภ ๬ ๹ภ ๝๬ภ ഁ ງ ภ௟๷ງ ภ ๪ ๹ภภ ๬ ๮‫ك‬๧ภ๗ ᇍ ๹ภ ๴ ഁࣤງ ภ ງ ๥ ๷ ๙ภ ภ ๬ ๝๬ภ ๥๬๿๷๗ ๹ภ ๹ภ ๬๝๬ภ ๮ ᇍ๪๗๹ภ๹ภ ๹๷ภഁງภ๬๥๙ภ๝๬ภ๷๹ภ๥๬๮ ๷๹ภ ๮ ๗ ᇍ ๹ภ ๷๹ภ๮ᇍ๗๹ภഁງภ௟ງภ๪ภ๬‫ك‬๧ภ ഁ ງ ภ௟ງ ภ ๪ ภ ๬ ‫ك‬๧ภ ๴ ࣤງ ๷ ภ ๬ ๝๬ภ ๷ ๹ภ ๮ ᇍ ๗ ๴๼ࣤງᆩ๧๷ยภ๬๝๬ภ๷๹ภ๮ഁງᇍ๗ภৄ๹ภภ๼ഁᆩ๧ງภย๥๙ภ ๥๬๿๗๹ภ๪๹๷ภ๬๝๬ภ๷๹ภ ๹ภ ഁ ภ ງ ๥ ๙ภ  ๥๬๿ ๗ ๹ภ ๪ ๹๷ภ ๬ ๝๬ภ ๷ ๹ภ ๮ ๗ ᇍ ഁງ ภ ৄ ภ ๮ᇍ๗ഁງ๹ภภৄഁภ๼ງภৄᆩ๧ยภ๼ᆩ๧ย  ·  Ȳ๿๬๹ภ๥ᆸ๧ภ฽๨ย๴๗ᆸȲ๿๬ภ๪๹ภঅ๗๹ภ ๥ᆸ๧ภ฽๬๨ย๴๗ᆸ ๝๬ภ๷๹ภภ๮๪Ȳ๿ᇍ๗๬অ๗๹ภ འབྲུག་๹ภགི་๥མᆸ๬๧ภཉམ་฽๝๬ภལས་๷ཚ ๹ภഁງย ๨ย๴๗ᆸ ོ๹ภག๮ས་ᇍ སภྡེའ๪๹ภི་བഁງ অ๗๹ภ ยཅའ་ཁྲིམ๬ས་๝๬ภ(འཕྲ๷ི་ས๹ภྣོན)๮ᇍ๗๹ภ ༢༠༠༩ഁງยཅན་མ།

Article 8: Primary co-operatives Members and purposes. Natural persons may organize and join primary co-operatives to realize the following purposes: (1) To provide or satisfy the common economic needs of members and communities by engaging in any of the business activities in production, processing/manufacturing, supply and marketing, and financing; (2) To establish a strong, sustainable, human and physical resource base to ensure the provision of quality and timely goods and services to members and communities; (3) To promote the educational and economic advancement of members and communities; (4) To inculcate among members the discipline of thrift and savings and the importance of capital and savings build-up for the financial sustainability of the cooperative. (5) To contribute to the development of agriculture, industry, and service sectors of the local economy; and (6) To perform other related purposes as prescribed in this Act. The Co-operative (Amendment) Act of Bhutan, 2009 10 ഁງภৄภ๼ᆩ๧ย  Ȳ๿๬๹ภ๥ᆸ๧ภ฽๨ย๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງย  ๴‫ك‬๹ภ๬๿ภ๥๙ภ๥๗ᆸ๹ภ๥ᆸ๧ย ᆧ๙ภ๪๲๿๧ภű๿ภ๬๿ภ๙ᆸ๬ภৄภ๗ᆩ๹ภ ๗๸๬ภ๗๹๷ภ˚๿ภ๥๗ᆸ๹ภ๥ᆸ๧ภৄภ๗ᆩภ๤ᆸ๗ภகภ ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ ๷๹ภ๮ᇍ๗๹ภഁງภ๪অ๗๹ภ๛ᆸ๗ย ึ ๴‫ك‬๹ภ๬๿ภ๥๬๙๹ภ๥๙ภ ๬๿ภഁງ๴๿ภ๥๗ᆸ๹ภ๬๖ᆸภ๛ᆮภ๪๴๿ภഓ๿ᆧภ๪๣๙ภ๗ᆩภ๥๨๷ภ๴ࣟຉᆧภ๥๗ᆸ๹ภ ๬๖ᆸภৄภ್๪ภ๧ᆩภ๥๙ภ๵๙ภ๧ภᆧງภ๴๥ᆸ๥ภ๴˟๪ภ๤๪๹ภகภ๮ᇍ๙ภ๴ࣤງ๷ภ˚๿ภஔภ๗ภ๚ᆩภᆧ๙ภ๼ᆩ๧ภ ଥ๙ภ๴๤ᆸ๧ภ๪ುງ๥ภ๪๳ຉภ๧ᆩภ ๚ภ๥๙ᆸ๹ภ๪๳ຉภ๧ᆩภ๥๙ภ್๪ภ๧ᆩภ ๬๖ᆸภഖຉ๥ภ๥๙ภ ๪๭ᇍ๙ภ๧ᆩภ ๬ภ ๥̣๷ภ๪অ๗๹ภ๧ᆩภ๗ᆩภஔภৄภ๧๙ภ๪๚๴ภ๬ᆧภ๗๣ᆸ๗๹ภ๧ᆩย  ื ๴‫ك‬๹ภ๬๿ภ๥๬๙๹ภ๥๙ภ๬๿ภഁງภৄภகภ ๚ภ๥๙ᆸ๹ภ๥๙ภ๷๹ภ๗๵ᆸ๗ภ๬๖ᆸภࣟ๥ภৄภഏ๹ภ๮๥ภ๥๙ภ 17 ‫ډ‬๹ภ๤ᆸ๗ภகภ๙ᆮ๹ภ๗๣๧ภ๴๤ᆸ๪ภৄ๗๹๨ภ๪๳ຉภ๧ᆩภ๗ᆩภ๥ᆸ๧ภகภ ๬๿ภೲຉ๪๹ภ๥๙ภ଱ภ๥๙ᆸ๹ภ ๬ภ ๥̣๷ภৄภ૱๧ภ๪୑๧ภ๴๤ᆸ๧ภƥ๙๹ภ˚๿ภ๗๲๿ภ୑ງ๧ภ೏๿๙ภ೏๿๙ภ๴๪๥ภ๗๲๿ภ๪অ๗๹ภ๴๪๥ภ๧ᆩย ุ ๴‫ك‬๹ภ๬๿ภ๥๬๙๹ภ๥๙ภ๬๿ภഁງภৄภகภ๸ᆮ๹ภ๵ᆸ๧ภ๥๙ภ ๥๨๷ภ๴ࣟຉᆧภ๵ᆧภ๤ᆸ๧ภ˚๿ภ๗ᆸ๙ภ๴๩ᆮ๷ภ ๵ᆧภ‫ۑ‬๗ภ๪๳ຉภ๧ᆩย ู ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬ภ๥̣๷ภ૱๧ภ๪୑๧ภ˚๿ภ๥ᆸ๧ภகภ๴‫ك‬๹ภ๬๿ภ๥๬๙๹ภகภ๴ˠຉภ๹ᆸ๙ภ ๗๙ภж๙ภ๗๣๙ภ๤๪๹ภű๿ภ๗ᆸ๬๹ภయ๗๹ภৄ๥ภ๪ρ๗ภ๧ᆩภ๥๙ภ ଱ภ๥̣๷ภ๪๹๗ภ๤๪๹ภ ๴๪๥ภ๥๗ᆸ๨ภ๗๷ภ๛ᆮภ๪๴๿ภ๪ി๪ภࣟภৄภࣟ๿๧ภ๧ᆩย ฺ ๹ภ๗๧๹ภ๧๙ภ๴๖ᆸ๥ภű๿ภ๥๨๷ภ๴ࣟຉᆧภ๗๧๹ภೲ๙๹ภ๵ᆧภ‫ۑ‬๗๹ภ๪๳ຉภ๥ᆸ๧ภகภ๹ᆸภ๧๬ภ๪๳ຉภ ˛ภ๖๙ภৄภ๥๙ภ๷๹ภ๗๵ᆸ๗๨ภ๗ᆸ๙ภ๴๩ᆮ๷ภஔภৄภ๧๙ภ๬๝๬ภଥ๪ภ๴๪๥ภ๧ᆩย  ฻ ๴ࣤງ๷ภ๵ᆸ๥ภű๿ภஔภ๴๪๥ภ๥๗ᆸ๨ภ๗๲๧ภৄภ๵๙ภ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๧๙ภ๗๹๷ภ๪๕ᆸ๥ภ ๴๪๥ภ๵ᆸ๥ภ๬๿ภৄภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ๴๪๥ภ๥๗ᆸย  ¿º๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภகภ๥๗ᆸ๹ภ๨๴๿ภ๬๖ᆸภ๥ᆸ๧ย འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภகภ๥๗ᆸภ๨๴๿๬๖ᆸภ๥ᆸ๧ภৄภ๗๸๬ภ๗๹๷ภ௟ᆧภ‫ډ‬ภ๼ᆩ๧ย Requirements for registration. The following are the requirements for the registration of a primary co- operative. (1) A minimum of fifteen natural persons who are Bhutanese citizens with a common bond of interest in the area of operation of the cooperative; (2) Three copies of duly accomplished Constitution and By-laws; (3) Evidence that the proposed primary co-operative is organized based on a) the members’ common needs or demand, and b) the economies of scale and requirements of the market of its business under takings; (4) Bond of accountable officers; and (5) Proof of bank account.

Article 9: Federation of co-operatives: Members and purposes. Registered primary co-operatives from the same industry or selling the same products or services may organize and join federation of co-operatives to realize the following purposes: The Co-operative (Amendment) Act of Bhutan, 2009 11 ฻ ๴ࣤງ๷ภ๵ᆸ๥ภű๿ภஔภ๴๪๥ภ๥๗ᆸ๨ภ๗๲๧ภৄภ๵๙ภ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๧๙ภ๗๹๷ภ๪๕ᆸ๥ภ ๴๪๥ภ๵ᆸ๥ภ๬๿ภৄภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ๴๪๥ภ๥๗ᆸย  ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภகภ๥๗ᆸ๹ภ๨๴๿ภ๬๖ᆸภ๥ᆸ๧ย ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภகภ๥๗ᆸภ๨๴๿๬๖ᆸภ๥ᆸ๧ภৄภ๗๸๬ภ๗๹๷ภ௟ᆧภ‫ډ‬ภ๼ᆩ๧ย  ึ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๧ᆩภகภ๥๙ภ๴๥ᆸ๥ภ๵ᆸ๥ภ๬๿ภ๴࣡๗ภ๨๴๿ภ๬๿ภƥ๙๹ภ๙ᆸภ๬ภ ж๙ภ๸ᆸ๹ภึฺ๥๗ᆸย 18 ื ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภ๪๳ຉภ๮ᆧภ๣ᆮภ๵ᆸ๥ภ๬๿ภৄภ๗ᆩภ๴‫ۑ‬ภ๗ಸ๬ภᆧງย ุ ˠຉ๹ภ๴๛ᆧภ๪๕ᆸ๥ภ๵ᆸ๥ภ๨๴๿ภ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๪অ๗๹ภ๥๗ᆸภ๬๿ภ๗ᆩภ ๗๲๿ภ๪๲๗ภ๹๴๿ภ๥ᆸ๧ภƥ๙๹ภ๴๥ᆩย ๕ ๴‫ك‬๹ภ๥๬๙๹ภഓ๿ภ๤ᆸ๗ภகภ ๥๗ᆸ๹ภ๬๖ᆸภ๵ᆸ๥ภ๨ภ๥๙ภ ๵๙ภ๧ภ ๥๗ᆸ๹ภ๴๥ᆸ๥ภ ๪୻ຉ๥ภ๵ᆸ๥ภ๨ภ๥๙ภย ๖ ๮ᇍ๙ภஔภ๴๤๪ภ๧ᆩภ๼ᆩ๧ภ๬๿ภ๴๥ᆩภ๗ᆩ๹ภ ๥๨๷ภ๴ࣟຉᆧภ˚๿ภ๮๥ภ๗๲๿ภ๥๙ภ๴Ȳ๿๷ภ๪๴๿ภ ๖ᆮภ๪๹๙ภ๥๙ภ๮ᇍ๙ภȲຉ๬ภ˚๿ภ๥๗ᆸ๹ภ๴๥ᆸ๥ภ๵ᆸ๥ภ๬๿ภৄย ู ๴Ȳ๿๷ภ๴๗๧ภ๵ᆸ๥ภ๨๴๿ภ๴๗ᆸภ๥๨ᆸ๧ภৄภ๗ᆩภஔภ๴๗๧ภ๖๹ภࣧ๙ภઈภ๸ᆸ๗ภ๥๙ภย ฺ ๥̣๷ภ๖๙ภ๧๙ภ୶๿๹ภ๥ᆮ๪ภ๵ᆸ๥ภ๨๴๿ภᆧภƥ๙๹ย  Ȳ๿๬๹ภ๥ᆸ๧ภ฾๨ยഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງย  ๴‫ك‬๹ภ๬๿ภ๥๙ภ๥๗ᆸ๹ภ๥ᆸ๧ย ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๧๙ภ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๬๿ภ๗ᆩภ๪๳ຉภ˛ภ๴ࡳ๷ภ๖๙ภ๚ᆸ๗ภ๴๤๥๨ภ ๴๪๥ภ๬๿ภৄภ๥๙ภ ๵๙ภ๧ภ ๴๤ᆸ๧ภ๪ುງ๥ภ๚ᆸ๗ภ๴๤๥ภ๨๴๿ภ๮ᇍ๙ภஔภ๥๙ภ ๵๙ภ๧ภ ๷๹ภ๗๵ᆸ๗ภ๚ᆸ๗ภ  ๴๤๥๨ภ๴๪๥ภ๬๿ภৄภ๗๚ᆩ๗ภ๴ࣤງ๷ภ๤ᆸ๗ภ๷๹ภ๗๸๬ภ๗๹๷ภ๥๗ᆸ๹ภ๥ᆸ๧ภৄภ๴˟๪ภ๧ᆩภ๗ᆩภ๥ᆸ๧ภகภ ഓ๿ภ ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๪অ๗๹ภ๛ᆸ๗ย 19 ึ ๴๗ᆸภ๪অ๗๹ภ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩ๹ภ ๮ᇍ๙ภ๴ࣤງ๷ภஔภ๗ᆩภ஺ຉ๗๹ภ˟๪ภଳภ๪ುງ๥ภ๥๙ภ ๵๙ภ๧ภ ๵ᆧภ‫ۑ‬๗ภ๪๳ຉภ๧ᆩภ๗ᆩภ๥ᆸ๧ภகภ ๴๤ᆸ๧ภƥ๙๹ภ๲๬ภ๧ᆩภ๥๙ภ ഝ๙ภ๮ᇍ๙ภ๪๭ᇍ๙ภ๧ᆩภ ๵๙ภ๧ภ ¿¿ ๴๪ᆸᆧภ๛ᆮภ๣ᆸ๗ภ๣ᆸ๗ภ๴๪๥ภ๝ᆸภའབྲ๧ུ ᆩภག་๥གི་๙ภམ๪ཉམ་Ź๬ภལས་ഗງཚོ๷གภས་๴སྡེ๪๥ภའི་བ๧ᆩภཅའ་๥ཁ๙ภྲིམ๴ས་ࣤງ(๷འཕྲภ ི๣་ ᆮภསྣོན)๴๤ᆸ༢༠༠༩ ๧ภƥ๙๹ภ ཅན་མű།๿ภ (1) To contribute to the increase or expansion of the business capacity of member- primaries through pooling of resources, wholesale or bulk purchase and distribution, linking with sources of supply, and to ensure and expand markets; (2) Protect member-primaries from competition in the industry; (3) Provide support services to member-primaries on business education and counselling, installation of accounting, finance and administrative system, and conduct of financial and management audit; (4) Represent member-primaries in industry organizations and in government; and (5) Perform other related responsibilities as prescribed in this Act. Requirements for registration. The following are the requirements for the registration of a federation of co-operative. (1) A minimum of five registered primary co-operatives from the same industry or are selling similar goods and services and are operating in the area of operation of the proposed federation; The Co-operative (Amendment) Act of Bhutan, 2009 12 ๴๤๥๨ภ๬๴๝๬ภ๪๥ภ๷๬๹ภ๿ภৄ๮ภ๗ᇍ ๚ᆩ๹ภ๗ഁภ๴ງภ๪ࣤງঅ๗๹ภ ๬‫ك‬๧ภ ๷ภ๤ᆸ๗๛ภ๷ᆸ๗๹ภย๗๸๬ภ๗๹๷ภ๥๗ᆸ๹ภ๥ᆸ๧ภৄภ๴˟๪ภ๧ᆩภ๗ᆩภ๥ᆸ๧ภகภ ഓ๿ภ ๬‫ك‬๧ภ ึ ๬๝๬ภ ๴๗ᆸ๷ภ๪๹ภঅ๗๹ภ๮ᇍ๗๹ภ๴ഁ‫ك‬๹ภງภ๪অ๗๹ภ ๬๿ภৄภ๗๛ᆩ๹ᆸ๗ภย ๮ᇍ๙ภ๴ࣤງ๷ภஔภ๗ᆩภ஺ຉ๗๹ภ˟๪ภଳภ๪ುງ๥ภ๥๙ภ ๵๙ภ๧ภ ึ ๴๗ᆸ ๵ᆧภภ๪‫ۑ‬অ๗๹ภ ๗ภ๪๳ຉ ๴๧‫ك‬๹ภ ᆩภ๗ᆩภ๥๬ᆸ๧๿ภகৄภ๗ᆩ๹๴๤ᆸภ ๧๮ᇍภƥ๙ภ๙๹ภ ๴ࣤງ๷๲๬ภภஔ๧ภ๗ᆩภ๥ᆩภ஺๙ภຉ๗๹ภഝ๙ภ˟๪ภ๮ଳᇍ๙ภ๪ภ๪ುງ๭ᇍ๥๙ภ๥ภ๧๙ภᆩ  ๵๙ภ๧ภ ๴๪ᆸᆧ‫ۑ‬ภ๛๗ภᆮ ๣๪ᆸ๗๳ຉภ๣๧ᆸ๗ᆩภ๗ภ๴ᆩภ๥๪๥ภ ๵ᆧภ ᆸ๧ภக๝ภᆸภ๧ᆩภ๥๴๤ᆸ๙ภ๪๧Ź๬ภ ภƥ๙๹ภഗງ๷๲ภ๬ภ๴๪๥ภ ๧ᆩภ๥๧๙ภᆩ ๥๙ภ๴ഝ๙ภࣤງ๷๮ภᇍ๙๣ภᆮ ๪๭ᇍ๴๤ᆸ๙ภ๧๧ᆩภภƥ๙๹ภ ๵๙ภű๧๿ภ ๬๖ᆸᆧภ್ภ๛๪ภᆮภ๣ഖᆸ๗ຉ๥ภ๣๬ᆸ๗๿ภ๥ภ๴๙ภ๪๥ภ ๴๪ᆸ ๗๚ᆩ๝๗ᆸภ๧ภ๖ᆩภ๥ᆧภ๙ภ๪๮ᇍŹ๬ภ ๙ภஔഗภ๙ງ๷ᆮ๹ภ๴ภ๗๪๥ภ๣๧ภ๧๥ᆩภ๥๙ภ๙ภଳ๴ภ๪ࣤງುງ๷๥ภ๣ภ๪ᆮภ๳ຉภ๧๴๤ᆸᆩย๧ภƥ๙๹ภű๿ภ  ๬๖ᆸภ್๪ภഖຉ๥ภ๬๿ภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ๮ᇍ๙ภஔภ๙ᆮ๹ภ๗๣๧ภ๥๙ภଳภ๪ುງ๥ภ๪๳ຉภ๧ᆩย ื ๴๗ᆸภ๪অ๗๹ภ๴‫ك‬๹ภ๬๿ภৄภ ๗๲๧ภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ ๥ᆸภ๴ˠ๧ภ๴๪๥ภ๥๗ᆸ๨ภࣛ๙ภ๬๿ภৄภ ื ๗ᆩ๴๗ᆸภ഻ภ๪๙ภುຉঅ๗๹ภ๪ภ๴๴๪๥ภ‫ك‬๹ภ๧ᆩย๬๿ภৄภ ๗๲๧ภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ ๥ᆸภ๴ˠ๧ภ๴๪๥ภ๥๗ᆸ๨ภࣛ๙ภ๬๿ภৄภ ุ ๴๗ᆸ ๗ᆩภ഻ภ๪๙ภঅ๗๹ภ ುຉ๪ภ๴๴๪๥ภ‫ك‬๹ภ๧ᆩย๬๿ภৄภகภ ๮ᇍ๙ภஔภ๸ᆮ๹ภ๵ᆸ๧ภ๥๙ภ๤๪๹ภ๷๬ภˠຉ๹ภೲຉ๧ภ ୶๿๹ภ ุ ๴๗ᆸ ๪๲๗ภภ๪অ๗๹ภ ๤๙๹ภű๴๿ภ‫ك‬๹ภ ๷๬ภ๬க๿ภৄ๗๹ภภக๥ภ๙ภ๮ᇍ๙๬ภภஔ๥ภ๸̣๷ภ ᆮ๹ภ๵๪ᆸ๧๥๗ภภ๥๙ภು๤ຉ๙๪๹ภ ภ๷๬ภ๷க๬ภ๗๹ภ ˠຉ๹ৄภೲภ๪ຉ๧অ๗ภภ ๧୶๿ᆩภ๥๹๙ภภ ๪๲๗ภ๤๴๙๹ภ ๥̣๷ภ ࣤງ๷űภ๥๿ภ๙ภ๷๪๬ภ๥๗ภக๗๹ภ ುຉ๙๥ภ๷๙ภ๬ภக๗๹ภ๬ภ๥ụ̋๷ภ ๿ภೆຉᆧ๪ภ๷๥๗ภ๹ภುຉ๙ภ๷ଳ๪ภ ๬ภகು๗๹ภຉᆧภ˚ৄ๿ภ๲ภ๪๪๹ภ অ๗ภ๣๧ᆸ๗ᆩภ๥ภஔ๙ภ ๗๵ᆸ๗ ๴ࣟ๿๧ࣤງภ๷๧ภᆩ ๥๙ภ๪๴๥๗ภ ๥̣๷ภ ๯ᇇ๧ುຉ๙ຉ ภ๷๥๙ภ๬ภக୶๿๗๹ภ ๹ภ๲ű๿๪๿ภೆภৄຉᆧภ๗ภ๷ᆩภ๴๹ภ๗ᆸภ๴‫ۑ‬ງ๧ଳ๪ภ ภ๴๤๪ภುຉᆧ๧ภᆩย˚๿ภ๲๪๹ภ๣ᆸ๗ภஔภ ู ๗๵ᆸ ๪๳ຉภ๗˛ภࣟ๴๿๧ࡳ๷ภภ๧ᆩภ๥๖๙ภ๴๗๯ᇇᆩภ๷๧๹ภภುഁຉ๙ງภৄภ๥ภ๙ภ๧๙ภ୶๿๥๙ภ๹ภ๲๿๪ภৄ๗ઈ๙ภ ภ๗ᆩภ๴๗ᆸ๗ภ๴ᆩภ๷‫ۑ‬ງ๹ภ๧ภƥ๴๙๹ภ๤๪ภৄ๧ᆩยภகภ๴๗ᆸภ๪অ๗๹ภ ู ๪๳ຉ ๴‫ك‬๹ภภ˛ ๴๬๿๴๿ࡳ๷ภภ಻ภ๖๮๙ภ๪ภ๗๴ᆩภ๷๪๥ภ๹ภ๧ഁᆩยງภৄภ๧๙ภ๥๙ภ ๗ઈ๙ภ๗ᆩภ๷๹ภƥ๙๹ภৄภகภ๴๗ᆸภ๪অ๗๹ภ ฺ ๪๚๴ภ ๴‫ك‬๹ภȲ๿๬๿๴๹ภ๿ ๴಻ภ๥ᆩ๮ภ๧๪ภ๙ภ๴๪๥ภ๧ᆩย ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๬๿ภ๗ᆩภஔภ๴๗๧ภৄภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ   ๴ࣤງ๷ภ๵ᆸ๥ภű๿ภஔภ๗๲๧ภ๵๙ภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๧ᆩย 20  ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภகภ๥๗ᆸภ๨๴๿ภ๬๖ᆸภ๥ᆸ๧ย 20 ഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภகภ๥๗ᆸภ๨๴๿ภ๬๖ᆸภ๥ᆸ๧ภৄภ๗๸๬ภ๗๹๷ภ௟ᆧย ึ ๪๳ຉภ˛ภ๴ࡳ๷ภ๖๙ภ๚ᆸ๗ภ๴๤๥๨ภ๴๪๥ภ๬๿ภৄภ๗ᆩภ๧๙ภ๷๹ภ๥๙ภ ๵๙ภ๧ภ๮ᇍ๙ภஔภ๥๙ภ  ๲๪๹ภ๣ᆸ๗ภ๷๹ภ๗๵ᆸ๗ภ ๚ᆸ๗ภ๴๤๥๨ภ๴๪๥ภ๬๿ภ๗๚ᆩ๗ภ๗ᆩภ๧๙ภ๷๹ภ ж๙ภ๸ᆸ๹ภᆧ๙ภ ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภஶภ๥๗ᆸภ๨๴๿ภ๖ᆧภ ˠຉ๹ภ๴๛ᆧภ๪๕ᆸ๥ภ๬๿๴๿ภ ഓ๿ภ๬‫ك‬๧ภ  ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๴๥ᆩภ ๷๹ภ๮ᇍ๗๹ภ๴๪๥ภ๹๴๿ภ๹ภ๗๧๹ภ๥ᆮภ๧๙ภகภᆧภ ๷๗ภ๷ᆮ๧ภ  ๴๤๪ภ๬๿ภ๚ᆩ๗ภ๥๗ᆸย ¿¡ ื ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄའབྲภ๥๙ภུག་๴གȲ๿ི་མ๷ཉམ་ภ๣ལᆮภས་ཚ๗๧๥ภ ོགས་སྡེའ๥ི་ᆸ๧བཅའ་ ภ๛ภ๮ཁྲིམ๙ภས་๪(๕ᆸའཕྲ๥ภི་๵སྣོནᆸ๥)ภ๨༢༠༠༩ ๴๿ภ ઈภཅན་๸ᆸ๗མภ། (2) Three copies of duly accomplished Constitution and By-laws; (3) Evidence that the proposed federation of co-operative is organized based on the members’ common needs or demand, and that it has the economies of scale and markets for of its products and services; (4) Bond of accountable officers; and (5) Proof of bank account.

Article 10: Union of Co-operatives: Members and purposes. Registered federation and special types of co-operatives may organize and join the union of co-operatives for the following purposes (1) To represent the interest of co-operatives in the country; (2) To be the social development arm of the co-operatives on education and training, research and information, legal studies and advocacy, and social auditing of co- operatives; The Co-operative (Amendment) Act of Bhutan, 2009 13 ๴๤๪ภ๬๿ภ๚ᆩ๗ภ๥๗ᆸย ื ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๗๧๥ภ๥ᆸ๧ภ๛ภ๮๙ภ๪๕ᆸ๥ภ๵ᆸ๥ภ๨๴๿ภ ઈภ๸ᆸ๗ภ ๴‫ۑ‬ภ๗ಸ๬ย ุ ˠຉ๹ภ๴๛ᆧภ๪๕ᆸ๥ภ๬๿ภ๗ᆩภഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๪অ๗๹ภ๥๗ᆸภ๨๴๿ภ๗๲๿ภ๪๲๗ภ๹๴๿ภ ๪๥ᆮ๧ภƥ๙๹ภ๴๥ᆩภ ๴‫ك‬๹ภ๥๬๙๹ภű๿ภഓ๿ภ๤ᆸ๗ภ๖๴๿ภ๬๖ᆸภ๥ᆸ๧ภ๥๙ภ ๥๗ᆸ๹ภ๴๥ᆸ๥ภ๪ುງ๥ภ๵ᆸ๥๨ภ ๥̣๷ภ๴ࣟຉᆧภ˚๿ภ๮๥ภ๗๲๿ภ๥๙ภ๬‫ك‬๧ภ๨๴๿ภ๖ᆧภ ๥ᆮภ๗ᆩภ๴๤ᆸ๧ภƥ๙๹ภ๥๙ภ ๲๪๹ภ๣ᆸ๗ภ ๷๹ภ๗๵ᆸ๗ภৄภ๗ᆩภ ๮ᇍ๙ภȲຉ๬ภ๵ᆸ๥๨ภ๥๙ภ ๥๨๷ภ๴ࣟຉᆧภ˚๿ภ๮๥ภ๗๲๿ภ๥๙ภ ๴Ȳ๿๷ภ๪๴๿ภ ๖ᆮภ๪๹๙ภ๵ᆸ๥ภ๨๴๿ภƥ๙๹ภৄย ู ๴Ȳ๿๷ภ๴๗๧ภ๵ᆸ๥ภ๨๴๿ภ๴๗ᆸภ๥๨ᆸ๧ภৄภ๗ᆩภஔภ๴๗๧ภ๖๹ภࣧ๙๹ภ๵ᆩภɏภ๥๙ภย ฺ ๥̣๷ภ๖๙ภ๧๙ภ୶๿๹ภ๥ᆮ๪ภ๵ᆸ๥ภ๨๴๿ภᆧภƥ๙๹ย Ȳ๿๬๹ภ๥ᆸ๧ภึี๨ย๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ௟ງภ๪ย  ๴‫ك‬๹ภ๬๿ภ๥๙ภ๥๗ᆸ๹ภ๥ᆸ๧ย ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๙ภ ๥๬๿๗๹ภ๪๹๷ภ๬๝๬ภ ๷๹ภ๮ᇍ๗๹ภഁງภৄภ ๗๸๬ภ๗๹๷ภ˚๿ภ๥๗ᆸ๹ภ๥ᆸ๧ภৄภ๗ᆩภ๤ᆸ๗ภ๷๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ ௟ງภ๪ภ๪অ๗๹ภ๧ᆩภ๥๙ภ๵๙ภ๧ภ๴৷๷ภઈ๗๹ภ๴๪๥ภ๛ᆸ๗ย ึ ଳ๷ภ๖๪ภű๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ๗ᆩภ๬๤๴ภ๥ᆸ๥ภகภ಻ภ๮๪ภ๴๪๥ภ๧ᆩย ื ๸ᆮ๹ภ๵ᆸ๧ภ๥๙ภഠຉ๙ภ๪୛ᆧภ ๲๿๪ภ๴๮ᇍ๷ภ๥๙ภ๪୛ภ๥ᆸ๧ภ๗๧๹ภৄ๷ภȲ๿๬๹ภű๿ภ ിຉ๪ภഠຉ๙ภ๥๙ภ๬ˠ๿๧ภ๮๪ภ೘๧ภઈภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ๧๙ภ୶๿๹ภ๲๿๪ภ ๴๪๥ภ๧ᆩภ๷ภ๹ᆸ๗๹ภ๨ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๧๙ภ๗ᆩภ๗ᆸ๙ภ๴๩ᆮ๷ภ˚๿ภࡲ๗ภ ௟๗ภ๗๵๹๨ภ๪઩๬ภ๚ᆩ๗ภ๴๪๥ภ๧ᆩย ¿¬ ุ ๴‫ك‬๹ภ๬๿ภৄภ๥๙ภ ๗ઈ๙ภ འབྲུག་གི་๗མཉམ་ ᆩภ๖ᆮภལ๩ས་๧ภཚ๥ོག๙ภས་ས๬ྡེའ๝๬ภ ི་བཅའ་๷ཁ๹ภྲིམས་๮(ᇍ๗འཕྲ๹ภི་སഁྣོན)ງ๴๿ภ༢༠༠༩ ๗๧๹ภৄཅན་๷ภམ། ৄภ ࡲ๿ภଳ๷ภ๖๗ภৄภ๧๙ภகภ๵๙ภ ഗງ๷ภ๧ᆩภ๥ᆸ๧ภகภ ๴࣡๗ภ๗ᆩภ๬๝๬ภ๷๹ภ (3) To publish the Annual Report on the status and future challenges and direction of co-operative development in Bhutan for the benefit of its member and the government and for the information of co-operatives abroad; and (4) To perform related powers and responsibilities as prescribed in the Act. Requirements for registration. The following are the requirements for the registration of the union of co- operatives. (1) A minimum of five federations and special types of co-operatives; (2) Three copies of duly accomplished Constitution and By-laws; (3) Bond of accountable officers; and (4) Proof of bank account.

Article 11: Special types of co-operatives. The following enterprises that do not fall under Articles 8,9 and 10 above may be organized as special types of co-operatives: The Co-operative (Amendment) Act of Bhutan, 2009 14 ๴๪๥ภ๧ᆩภ๷ภ๹ᆸ๗๹ภ๨ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๧๙ภ๗ᆩภ๗ᆸ๙ภ๴๩ᆮ๷ภ˚๿ภࡲ๗ภ ௟๗ภ๗๵๹๨ภ๪઩๬ภ๚ᆩ๗ภ๴๪๥ภ๧ᆩย ุ ๴‫ك‬๹ภ๬๿ภৄภ๥๙ภ ๗ઈ๙ภ๗ᆩภ๖ᆮภ๩๧ภ๥๙ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๗๧๹ภৄ๷ภ ৄภ ࡲ๿ภଳ๷ภ๖๗ภৄภ๧๙ภகภ๵๙ภ ഗງ๷ภ๧ᆩภ๥ᆸ๧ภகภ ๴࣡๗ภ๗ᆩภ๬๝๬ภ๷๹ภ ๮ᇍ๗๹ภഁງภৄภ๗ᆩภ๬๿๙ภ๗๧๹ภ๥๙ภ ๬ภ๴ຉ๙๹ภ๨๴๿ภ๗๥ᆸ๙ภ๷ᆮ๧ภ๵ᆧภଳ๹ภ๗ᆸ๙ภ ๴๩ᆮ๷ภ˚๿ภ๪๕ᆸ๥ภଳภৄภ๗ᆩภೆຉᆧภ๷๹ภ๷ᆸภ๴๖ᆸᆧภ೘๧ภઈภ๥๨ᆮภ๪ೂ๧ภ๴๪๥ภ๧ᆩย ู ๴ࣤງ๷ภ๵ᆸ๥ภű๿ภ๥๪๙ภ๮๥ภ๥๙ภ ๴๗๧ภƥᆧภৄภ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๧๙ภ๗๹๷ภ ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๬๿ภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๧ᆩย  ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภகภ๥๗ᆸภ๨๴๿ภ๬๖ᆸภ๥ᆸ๧ย 21 ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ௟ງภ๪ภ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภகภ๥๗ᆸภ๨๴๿ภ๬๖ᆸภ๥ᆸ๧ภৄภ๗๸๬ภ๗๹๷ภ௟ᆧย ึ ж๙ภ๸ᆸ๹ภᆧ๙ภഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๙ภ๥๬๿๗๹ภ๪๹๷ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภஶภ๥๗ᆸย ื ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๗๧๥ภ๥ᆸ๧ภ๛ภ๮๙ภ๪๕ᆸ๥ภ๵ᆸ๥ภ๨๴๿ภภ๸ᆸ๗ภ๴‫ۑ‬ภ ๗ಸ๬ย ุ ๴Ȳ๿๷ภ๴๗๧ภ๵ᆸ๥ภ๨๴๿ภ๴๗ᆸภ๥๨ᆸ๧ภৄภ๗ᆩภஔภ๴๗๧ภ๖๹ภ๷ᆮ๧ภ˚๿ภઈภ๸ᆸ๗ภ๥๙ภย ู ๥̣๷ภ๖๗ภ๧๙ภ୶๿๹ภ๥ᆮ๪ภ๵ᆸ๥ภ๨๴๿ภᆧภƥ๙๹ย  Ȳ๿๬๹ภ๥ᆸ๧ภึึ๨ย๥๬๿๗๹ภ๪๹๷ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງย ๗ᆸ๙ภ๗๹๷ภȲ๿๬๹ภ๥ᆸ๧ภ฽ ๨ภ๥๙ภ฾ ๨ภึี ৄภ๗ᆩภˠ๙๹ภಸภ๬ภৄ๥ภ๨๴๿ภ๮ᇍ๙ภ๴ࣤງ๷ภ๷๹ภഁງภ ๗๲๧ภৄภ๥๬๿๗๹ภ๪๹๷ภ˚๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๴๪๥ภ๪๳ຉภ๛ᆸ๗ย ึ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥̣๷ภ๖๙ภย ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๙ภ ഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ ๝ᆮ๧ภ๪๚ᆸ๷ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภகภ ๥̣๷ภ๴ࣤງ๷ภஔภ๗ᆩภ๲๪๹ภ๣ᆸ๗ภ๥ᆸ๧ภகภ ๬๝๬ภ๷๹ภ ¿« ๮ᇍ๗๹ภഁງ๴๿ภ๥̣๷ภ๖๙ภ๚ᆩ๗ภ๪অ๗๹ภ๣ᆮภ ๥ᆮภ๗ᆩ๹ภ ๥๨๷ภ๴ࣟຉᆧภ˚๿ภஔภৄภ๧๙ภகภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภའབྲ๬ภུག་ག๥ི་̣๷ภ མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། ˚๿ภ୑ງ๧ภ๗๲๿ภ๪઩๬ภ๚ᆩ๗ภ๗ᆩภ ஔภ๴๪๥ภ๷๗ภ๷ᆮ๧ภ (1) Co-operative banks. Co-operative bank may be organized to provide financial services to primary co- operatives, federation of co-operatives and insurance co- operatives and to serve as the financial arm of the co-operatives in the economy. The Royal Monetary Authority (RMA), upon consultation with the MoAF and the Co-operative Sector, shall issue and implement the rules governing the banking operations of co-operative banks. A co-operative bank shall be registered with the MoAF after the issuance of the licensed to operate as a co-operative bank by the RMA. A registered and licensed co-operatives bank may offer all types of banking services needed by member- cooperatives and may open a maximum of twenty percent (20%) of its loan portfolio to the general public. (2) Insurance co-operative. All types of registered co-operatives may join as insurance co-operative. The insurance co-operative shall provide life and non-life insurance services to all members. Membership shall also be open to socially oriented non-profit organizations (NPOs). At least fifteen registered cooperatives and NPOs may organize and register insurance co- operative. The Co-operative (Amendment) Act of Bhutan, 2009 15   ๗ᆸ๙ภ๗๹๷ภȲ๿๬๹ภ๥ᆸ๧ภ฽ ๨ภ๥๙ภ฾ ๨ภึี ৄภ๗ᆩภˠ๙๹ภಸภ๬ภৄ๥ภ๨๴๿ภ๮ᇍ๙ภ๴ࣤງ๷ภ๷๹ภഁງภ ๗๲๧ภৄภ๥๬๿๗๹ภ๪๹๷ภ˚๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๴๪๥ภ๪๳ຉภ๛ᆸ๗ย ึ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥̣๷ภ๖๙ภ ึ ึ ๬๝๬ภ๬๝๬ภ๷๹ภ๷๹ภ๮ᇍ๗๮ᇍ๗๹ภ๹ภഁഁງ๴ງ๴๿ภ๥๿ภ๥̣๷ภ ̣๷ภ๖๖๙ภ๙ภยย  ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ ๴๗ᆸ ภ๪অ๗๹ภ๴๗ᆸ๬๝๬ภ ภ๪অ๗๹ภ ๷๹ภ๬๮๝๬ภᇍ๗๹ภ๷๹ภഁງภ๮๥ᇍ๗๙ภ๹ภഁഓ๿ງภ๥ภ๙ภ๬‫ك‬๧ภ๬ഓ๿ภ๝๬ภ ๬‫ك‬๧ภ๷๬๹ภ๝๬ภ๮ᇍ๗๷๹ภ๹ภഁ๮ງภᇍ๗๹ภ๝ᆮഁ๧ງภ๝ᆮภ๪๧๚ᆸภ๪๷๚ᆸภ๷ภ๬๝๬ภ๷๹ภ๮ᇍ๗  ๣ᆸ๗ภ๥ᆸ๧ภகภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁ ๝ᆮ๧ภ๪๚ᆸ๷ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภகภ ๥̣๷ภ๴ࣤງ๷ภஔภ๗ᆩภ๲๪๹ภ ๬๝๬ภ๷๹ภ๮கภᇍ๗๹ภ๬๝๬ภ ഁງภৄ๷ภக๹ภภ๮ᇍ๗๹ภ๥̣๷ภ ๴ࣤງ๷ภஔภ๗ᆩภ๲๪๹ภ๣ᆸ๗ภ๥ᆸ๧ภகภ ๬๝๬ภ๷๹ภ ഁງ๴๿ภ๥̣๷ภ๖๙ภ๚ᆩ๗ภ๪অ๗๹ภ๣ᆮภ ๥ᆮภ๗ᆩ๹ภ ๥๨๷ภ๴ࣟຉᆧภ˚๿ภஔภৄภ๧๙ภகภ ๮ᇍ๗๹ภഁງ๴๿ภ๥๴ࣟຉ̣๷ภᆧภ˚๖๿ภஔ๙ภภ๚ৄภᆩ๗๧ภ๙ภ๪கঅ๗๹ภ ภ ๬๝๬ภ ๣ᆮภ ๷๹ภ๥ᆮ๮ภ๗ᇍ๗ᆩ๹๹ภภഁງ๴๿ภ ๥๨๷ภ ๬ภ๥̣๷ภ ๴ࣟຉᆧ˚๿ภภ୑˚ງ๧๿ภஔภ๗ภ๲๿ৄภภ๪઩๬ภ ๧๙ภக๚ภᆩ๗ภ๗ᆩภஔภ๴๪๥  ๬๝๬ภ๷๹ภ๮๪઩๬ภ ᇍ๗๹ภ๚ഁᆩ๗ງ๴ภ๗๿ภᆩภஔภ๬ภ๴๥๪๥ภ̣๷ภ๗ภ˚๷๿ภ୑ᆮ๧ງ๧ภ๴ภ๗๤๪ภ๲๿ภ๥๪๗ᆸ઩๬ภ ย๚ᆩ๗ึภ๗ᆩภ ஔภ๬๝๬ภ๴๪๥ภ ๷๹ภ๷๮ଳ๷ภ ๗ภᇍ๗๹ภ๷๗ᆮ๧ഁઈ๙ภภງ๴๿ภ๥๥̣๷ภ ̣๷ภ๖๷๙ภ๹ภย๥ ึ๴๤๪ภ๴๤๪ภ๥ ๴๤๪ภ ๴๤๪ภ๬๝๬ภ๗ᆸ๥ย๥๗ᆸ ଳ๷ภ ๴๤๪ภ ๥๷ย๗ᆸ ๗ᆸ๹ภย๴๤๪ภย๥ ଳ๷ภ ଳ๷ภ ๮๗ᆸ ᇍ๗๥ย ଳ๷ภ๗ᆸઈ๙ภ ๹ภย๗๗ ଳ๷ภ ഁ๗ઈ๙ภ๥ ଳ๷ภ ງ๴ઈ๙ภ ઈ๙ภ ๿ภ๥๗๥̣๷ภ̣๷ภ ๥๥๗̣๷ภ ̣๷ภ ઈ๙ภ ̣๷ภ ̣๷ภ ๖๥๹ภ๙ภ๹ภ๷๥๹ภ ઈ๙ภ ย๷๥๹ภ๥๪๙ภ ̣๷ภ ๹ภ̣๷ภ ๪๙ภ๥๥๪๙ภ๴๴๹ภ๪๙ภ ๷๯ᇇ๪๙ภ๯ᇇ๴๥๹ภ๧๴๯ᇇภ๴๥๪๙ภ๯ᇇ˚๧๿๿๯ᇇ๧๹๪๙ภ๴˚๧ภ ๿˚๯ᇇ๹๿๴˚ภ๹๧๿ ᆸ๯ᇇ๹ภภภ˚๧๹ᆸ๿ภ๹ภ ᆸ๬ภ˚๧๹ᆸ๿ ๿ภ๧๬ภధ๹๬ภ๧๥๹ᆸ๬ภ๧ภధ๬ภ๙ภ๖ధ๧๹ᆸภ๧ధ๗ภ๧ภ๬ภภ๖๧ภ๗๹ภ๥๖ధ๗ภ๬ภ๖๙ภ๗ภ๮๧ภ๥ధ๗ภ๥๷ภ๖๙ภ๧ภ๥๙ภధ๗ภ๙ภ๖๴๗ᆸ ๬๝๬ภ ๬๝๬ภ ๧ภ๥๗ภ๙ภ ๬๝๬ภ ๖๗ภ ภ๥ ๪๙ภ ๬๝๬ภ অ๗๹ภ ๥๙ภ๬๝๬ภ ๬๬๝๬ภ ๬๝๬ภ๝๬ภ๷๷๹ภ๹ภ๮๮ᇍ๗  ๯ᇇ๧ภ˚๿๿๹ภ๹ᆸภ๧๬ภధ๧ภ๖๗ภ๥๙ภ ๬๝๬ภᇍ๹ภ๮๗ᇍ๮๷๹ภ๗ᇍഁ๗ງ๷๹ภ๴๹ภ๮ഁ๴๗ᆸ ๷๹ภ๷๹ภ๮๷๹ภᇍ๗๷๹ภ๮ ງഁภ๪ภ๿ภ๪ᇍ๴ງ๹ภᇍ ๚ᆸ๿๷๴অ๗๹ภ ๿๝ᆮᇍ ๧ງഁ๗๷๴๮๖๗ภ ງ ๬ງ๷ഁ๴๥๬๝๬ภ ๿๷ഁ๹ภ๥๷ງ๷๙ภງ๴๹ภഁৄภ๬๿๹ภງ ๝๬ภ ງৄഁ๿ภ๝๬ภ ๿ภງ๹ภৄ๙ภ๷๥ৄ๷ഁ๗๥ภ๹ภ๙ภ๹ภ๷ງ๥๚ᆩ๙ภৄഁ๷๗๙ภ๹ภ๮๹ภງ๗ງ๥๚ᆩৄᇍ๗๗๮๚ᆩ๖๮๹ภภ๙ภ๗๚ᆩᇍ๗๥๗ᆧภᇍ๗๖๹ภ๗ഁ๙ภ๹ภ๖๚ᆩᆧภງภഁৄ๗๖ᆧภഁ๗ງภภ๚ᆩᆧภ๥கງ๴ˠຉ๖๙ภ๗ภ๿ภ๷๹ภᆧภภˠຉ๖๹ภ๥̣๷ภ ˠຉ๪๹ᆧภˠຉഁ๹ഓ๿๪๹೫๧ภງภৄภภ๬ภ๪ˠຉ๴๪೫๧ภ ภ๥๤๹‫ك‬๧ภ ೫๧ภ ๹๗ภ๬ᆸ๤๷๗ஔ๚ᆩภᆸ๤๪೫๧ภ๝๬ภ ๗ࣤງ೫๧ภ๷๪๤22 ๙ภᆸˠຉ ๗ภ๗ᆸ๹ภ๷๗ภ๖ภ೫๧ภ ภ ๗ ๷ ᆩ ภ ๬๷ᆧภ๹ภ๮ˠຉᇍ๗๹๹ภภ๪ഁ೫๧ภ ๹ภ ๤ ๲ ๷ ᆸ ๗ ๹ภ ๝๬ภ ๪๹ภ ๤ ๬ ๹ภ ๷ ๗ ᆸ ๝๬ภ ᆸ ๬๣ ภ ๝๬ภ ๷ ๹ภ๷ ภ ᆸ ๗ ๹ภ ๝๬ภ ๹ภ ๷ ภ ๥ ๷ ᇍ๝๬ภ๗๹ภகภ๮๹ภᇍ๝๬ภ๷๹ภ๮๗ᇍ๮๗๬๝๬ภ ๮ ๧ ᆸ ๬ ๷ ๹ภ ງภ๝ᆮ๧๤ᆸภ๪๗๚ᆸภ๷๷๹ภภ๬๬๝๬ภ๝๬ภ๷๷๹ภ๹ภ๮๮ᇍ๗ᇍ๗๹ ภ ᇍ๹ภ๷๗๹ภ๮๹ภᇍ๗๮๷ᇍ๹ภᇍ๗๹ภ๹ภ๮ᇍ๗๹ภഁງ๴ ˠຉ๹ภ๪೫๧ภ๤ᆸᆸ๗ภ๷๹ภ๬๝๬ภഁງ๷๴ഁງ๿๹ภภഁງ๴๮ഁງ๿ภ๴ᇍᇍ ๿๗๴ภ ๿ภഁງ๹ภ ๥̣๷ภ ๴கภ๖ ๥̣๷ภ๿ภ๿๥̣๷ภ ๴ഁງ๿ภ๥̣๷ภ ๙ภ๤ᆸ๖๗๗๖ ๥̣๷ภ ภᆩ๖๙ภ๷๗๙ภ ๥̣๷ภ ๙ภ๬๝๬ภ ๹ภᆩ๗๖๬ᆩ๗ภ ᆩ๙ภ๖ ๥̣๷ภ ๝๬ภ ๙ภ ๥̣๷ภ ๗ ๷ภ๗๹ภᆩภȲ๮๿๬ᇍ๗๹ภ๹ภகഁ๗๹ภ ᆩ ๥̣๷ภ๷˚ ๥̣๷ภ ๗ ๹ภᆩภᆩ ๿  ˚๮๿˚ ๥̣๷ภ ᇍ๗๿˚๷๹ภ๿ภ๷ ๗ภ๥̣๷ภ ๗ภ ງ๴๿ภ๥ৄ̣๷ภภ ๖๗๹ᆧภ ๷ ഁᆮ˚๗ภ๧ງ๴๿๷๗ภᆮ๷๥˚๧๿ภᆮ๷๿ภ๿๧ภᆮ๗ภ๷๥๪๙ภ๧๥๷๗ภ๥̣๷ภ ๪๙ภ ๥ ು ๧ ᆮ ๪๙ภ ๙ภ๚ᆩ๗๪ภ๣ᆸ๪๧অ๗๹ภ ๪๙ภ ๷ ຉ ๥ ๧ ᆮ ು ๗ ᆮ ๖ภ๙ᆩภຉು๥๪๙ภภ๙ภຉȲ๗๙๿๗ᆩภ๗๪๙ภ ು ຉ ๬ ು Ȳ ๗ ภ ᆩ ๣ᆮภ๷๗ภ ᆩภຉ๿ᆩ๙Ȳ๹ภ๬ು๿Ȳຉ๬๗๿ຉக๙๹ภ๥̣๷ภ ๬ ᆩ ภ ๹ภ๗ Ȳக ๹ภ ๬ ๿ க  ๥ᆮภ๷๗ᆮ๧ᆩ๹ภภ๴๤๪ภ๥๨๷ภ๥๗ᆸ๴ࣟຉ ๹ภ ᆩ ˚๿ৄ๬๗๹ภ ๗๹ภ Ȳ ᆩ க ๹ภ ๿ ๗๹ภ க๿ภ๷ৄৄ๗ภகৄ ๗๹ภ ๗๹ᆧภ ภ ๷ภ๗๹ภ ᆮ๧ৄ๗๹ᆧภ ภ๥๪๙ภ ๗๹ᆧภ  ๗๹ᆧภ ৄ ภ  ภ ᆧ๧ภ˚ย๿ภஔଳ๷ภ ುຉ๙๗๹ᆧภ ๗๹ᆧภ ภ๗ᆩภȲ๿๬๹ภக๗ ภৄภ๧๗๙ภઈ๙ภகภ๥̣๷๬ ๥๪๙ภುຉຉ๙ภ๗ᆩᆩภȲ๿๿๬๹ภக๗๹ภৄภ๪๣ᆸ๧๪๣ᆸภ๪๣ᆸ๥๪๣ᆸ๧ภ ๗๹ᆧภ ๥๪๙ภ ು ຉ ๙ ๙ภ๧๥๧๪๣ᆸ๥๙ภ๥๙ภ๧๪๣ᆸ๙ภ๴ࣟຉ๥๷๗ภ๧๙ภ๥๷๗ภᆧ๷ภ˚๗ภᆮ๙ภ๧๷๗ภ๷๿ ஔᆮ๷๴๧ภᆮ๷๗ภৄภ๧ᆮ๴๤๪ภ๧๷๗ภ๴๧๷๴๙ภᆮ๤๪ภ๥๧๤๪ภ๷๗ᆸ๤๪ภ ᆮ๥๴ᆮ๧๨๥๗ᆸภ๥๴๤๪ภ๗ᆸ๼๨๗ᆸᆩ๨๧๤๪ภ๥๼๨ภ ᆩย๼๗ᆸ๧๥ᆩ๼๧๨๷ᆩย๗ᆸ๧ภย๼๹ภ๨ଳ๷ภ ยᆩภ๧๼ଳ๷ภ๗ᆩยᆩ๧ଳ๷ภ ଳ๷ภ๗ઈ๙ภย๗๗ଳ๷ภ ઈ๙ภ๥ઈ๙ภ ଳ๷ภภ ๥ ๙ภ ઈ๙ภ๗๥̣๷ภ๥๥๗ઈ๙ภ ̣๷ภ ̣๷ภ ̣๷ภઈ๙ภ ๨ ภ ๼ᆩ ๼ᆩ๧ย ଳ๷ภ๗ઈ๙ภக ๥̣๷ภ๬๝๬ภ ๷๹ภ๥๪๙ภ๮ᇍ๗๴๹ภ๯ᇇ๧ഁภງ๴˚๿ ๿๹ภ๬ภ๬๝๬ภ ๥๥๹ภ̣๷ภ ̣๷ภ ๷๥๹ภ ๷๥๹ภ˚๥๪๙ภ๹ภ̣๷ภ๥๿ ୑๥๪๙ภ๴ງ๧๹ภ๪๙ภ๷๯ᇇ๪๙ภ๗๴๥๹ภ๧๲๿๴๯ᇇ๴๥๪๙ภภ๯ᇇ˚๪઩๬ภ  ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๧๿๯ᇇ๧๹๪๙ภ๴˚๧ภ ๿˚๯ᇇ๹๚๿๴˚ภ๹๧๿๯ᇇᆩ๗๹ภ ภภ˚๧๗๿ภ๹ᆩภภ˚ภஔภ๿ ๿๹ภ๴ภ๪๥ภ๷๗ ଳ๷ภ๗ઈ๙ภ๥̣๷ภ๷๹ภ๥๪๙ภ๴๬๝๬ภ ๯ᇇ๧ ๬๝๬ภภ๷ ๬๝๬ภ ๬๝๬ภ๿๿๹ภ๷๹๷๮ ˚ ๬๝๬ภ ๹ภ๷ᇍ๗๹ภ๮ ๬๝๬ภ ๹ภ๪઩๬ภ ᇍ๷๹ภ๮๗ᇍ๮๗ᇍഁ๹ภ๷๗ງ๴๹ภ๮๚ഁ๹ภ๿ᆩ ᇍ ງ๗ഁ๴๮ภ๗ງഁ๿ภᇍ๴ງ๹ภᇍ๗ᆩ๿๴๿ภഁ๹ภஔภງ๴๥̣๷ภ ഁ๴๿ภ ງ๪๥ภ ๥̣๷ภ๿ ๿ภ๖ງ๴ ๥̣๷ภ ๥̣๷ภ ๙ภ๖๗ภ๷๖ ๥̣๷ภ ๙ภ๖๙ภ๗ภ๷๙ภ ๥̣๷ภ ᆮ๧๷๖๗ภภ๴ᆮ๗ภ๧๙ภ๷๤๪ภ ๖๗ภᆮ๷๧๙ภᆮ๷๧๥ᆮ๗ภ๷๧๗ᆸภ๷๗ภย ᆮ๧ ๴๤๪ภ ๷ภ ᆮᆮ๧ ๴๤๪ภภ๛ภ๴๤๪ภ ᆸ๴๤๪ภ ๗๛ᆸ๛๨๗๴๤๪ภᆸ๛ภ๴๿๗ᆸ๨๗๴๤๪ภภ๨๷๛๴๿๨ᆸ๴๿๗ภ๷๴๿๛ᆸภ๷๨ᆸȬ๗ภ๷ງ๴๿ᆧ๗ภภ๨Ȭ๗ภງȬ๷๗๴๿ᆧଳ๷ภ ງȬภᆧภງ๗ภ๷๗ᆧ๧๙ภ๗Ȭภງ๗ภ๧๙ภᆧȬ๧๙ภઈ๙ภງ๧๙ภງ๗ᆧ๥ภ๗๧๙ภ̣๷ภ๧๙ภ๷๹ภ๥๪๙ ๷ᆮ๧ภ ๴๤๪ภ๛ᆸᆸ๗ภ๨๴๿ภ๷๗ภ๲๿Ȭ๧ງງ๲๿ᆧ๬ภ๲๿๧๲๿๗๧๷๬ภ๧๬ภ๹ภ๲๿๙ภ๷๬ภ๷๧๹ภ๲๿๷๬ภ๹ภ๧๹ภ๷ଳ๷ภ๬ภ ๬๝๬ภ ๹ภ๷๗ ๬๝๬ภ๷ ๬๝๬ภ ๬๝๬ภ ๹ภઈ๙ภ ๹ภ๷๥๷๮ ๬๝๬ภ ๹ภ๷ᇍ̣๷ภ๗๹ภ๮ ๬๝๬ภ ๹ภᇍ๷๹ภ๮๗ᇍ๮๗ᇍഁ๹ภ๷๗ງ๴๹ภ๥๮ഁ๹ภ๿ ᇍ ງ๗ഁ๪๙ภ๴๮ງഁ๿ ᇍ๴ງ๹ภᇍ๴๗๿๿ภഁ๯ᇇ๹ภ ๥̣๷ภ ງ๧๴ภഁ๿๥̣๷ภງ˚ງ ๿๴๖ ๥̣๷ภ ๹๿๥̣๷ภ ๿๙ภ๖๴๖ ๥̣๷ภ ๙ภ๖๥ᆩ๙ภ๴๙ภ ๥̣๷ภ ๴๹ᆸ๥ᆩ๖๴ภ๥ᆩ๧๙ภ๹ᆸ๥ᆩ๖28ภ๬ภ๴๧๙ภ๹ᆸ๥ᆩภ๹ᆸ๴๬ภ๙ภ๧๹ᆸ๥ᆩภ๧ధภ๬ภ๧๹ᆸ๬ภ๧ภ๗๹ภధ๬ภ๖ధ๧๹ᆸภధ๮๗ภ๧ภ๬ภภ๖๧๷ภ๖๧ధ๗ภ๬ภధ๖๙ภ๗ภ๧ภధ๗ภ๧๖๙ภ๧ภ๗ภ๙ภ๤ᆸ๖๙ภ๥๧๗ภ๤ᆸ๙ภ๤ᆸ๧๤ᆸภภ๙ภ๤ᆸ๬๝๬ภภ ๤ᆸภ๷ภ ๹ภ๮ᇍ๗๹ ๷ภ๖๙ภ๴๥ᆩภ ๹ᆸภ๧๬ภధ๧ภ๖๪๕ᆸ ๗ภ๧๥๪๕ᆸ๪๕ᆸ ๙ภ๴๪๕ᆸ๥ภ๥๴๪๥ภ๤ᆸภ๪๕ᆸ๴ภ๴๪๥ภ๪๕ᆸ ๪๥ภ๗ᆸ๪๥ภ๖๗ภ๴ย๥๗ᆸ๥๴๪๥ภ๥ย๗ᆸ๗ᆸ๙ภย๤ᆸย๪๥ภ๪๤ᆸ๗ᆸ๥๬๝๬ภ ภ๕ᆸ๤ᆸย๪๤ᆸภ๗ᆸ๥ภ๪๕ᆸยภ๪๥๕ᆸ๤ᆸ๕ᆸ๷ภ๙ภ๥๪๥๤ᆸ๹ภ๷๥๕ᆸ๙ภ๥๪๮๙ภ๗ภ๥๷๙ภᇍ๗๕ᆸ๷Ȭ๥๗ภ๹ภ๷ງ๥ᆧ๗ภ๙ภഁȬ๥๗ภງ๴ງȬ๷๵ᆧ๙ภງȬ๿ภᆸᆧ๷ງ๥๗ภ๷๵ᆧ๹ภᆸภ๨๵Ȭ๥๗ภᆸງ๵๴๿๥ᆧഁᆸ๨Ȭภ๥ງภৄງภ๨ງ๵๴๿ᆧ๨ภ๥ᆸภ๴๿๥ภ๴๿ภ๵๙ภᆸ๨ᆸ๥๬๝๬ภ ๗ภ๴๿ภ๨๚ᆩภ๬๝๬ภ ๬๝๬ภภภ๬๝๬ภ ๗๴๿๷ ๖๹ภ๷ᆧภ๷๮ ๬๝๬ภ ๹ภ๷ᇍ๗๹ภ๮ ๬๝๬ภ ๹ภˠຉᇍ๷๹ภ๮๗๹ᇍ๮๗ภᇍഁ๹ภ๷๗๪ງ๴๹ภ๮೫๧ภ ഁ๹ภ๿ ᇍ ງ๗ഁ๥๴๮ງഁ๤ᆸ๿ภᇍ๴ງ๹ภᇍ๗๥๗๿๴̣๷ภ๿๥ภഁ๹ภ๥ภ๷ງ̣๷ภ๴ഁ๹ภ๿̣๷ภງ̣๷ภ๥ງ๴๬๿ ๿๥̣๷ภ ๝๬ภ̣๷ภ๷๹ภ๮ᇍ๗๹ภ ๥ภ๨๴๿ภ ๬๝๬ภ๷๹ภ๮ᇍᇍ๗๹ภഁ๖๙ภງງ๴๿๖๙ภ๥๿ภ ᆮ๥๖๙ภ๗๖๙ภ๥ᆩ ᆮ๥๹̣๷ภᆮ๗ภ๥๖๙ภᆩᆮ๗๹ᆩ๗ภ๹ᆩ๖๙ภ๥๤ᆸᆮ๹ภ๗๥๗ᆩᆮ๬๝๬ภ ภภᆮ๹ภ๗๷ภ ᆩ๬๝๬ภ ๹ภᆩ๹๷ ๬๝๬ภภ๬๝๬ภ ๬๹ภ๷๝๬ภ๷๮ ๬๝๬ภ ๹ภ๷ᇍ๗๹ภ๷๮ ๬๝๬ภ ๹ภ๹ภᇍ๷๹ภ๮๗ᇍ๮๗๮ᇍഁ๹ภ๷๗ᇍ๗ງ๴๹ภ๮ഁ๹ภ๹ภ๿ ᇍ ງ๗ഁ๴๮ഁງഁ๿ภᇍ๴ງ๴ງ๹ภᇍ๗๿๴‫ك‬๹ภ๿ภ๿ภ๴ഁ๹ภ๴ງ‫ك‬๹ภ๴๬ഁ๿‫ك‬๹ภ๿ ๥̣๷ภ ງ‫ك‬๹ภ๴ງৄ๬๴๿ ๿ ๿๬๴க๿ৄ๬ ‫ك‬๹ภภ ๿ภৄ๬ৄக๖ภ‫ك‬๹ภ๬๙ภภக๖ᆸ๿க๬ภৄ๬๗ภ๛๖ᆸภᆩภ๿ᆮ๬๿ภக๖ᆸৄ๪๛๖ᆸภ ᆮภ๴๿๛๬க๪๥̣๷ภ ᆮภ๛ภᆮ๖ᆸภ๪๴๿๬ภ๪ภ๴๿๛๖ᆸ๴๿ภᆮ ภ˚ภ๪๛ ๥̣๷ภ ๿ภᆮภ๴๿๷ᆮภ๪ภ๥̣๷ภ ๗ภ๴๿๖ ๥̣๷ภ ๥̣๷ภ ๷ภภ ๙ภᆮ๧๖๗๖ ๥̣๷ภ ภ๙ภ๥๪๙ภ ๥̣๷ภᆩ๗๖ುᆩ๗ஔภ ᆩ๙ภஔ๖ຉ๙ஔภ๗ภ๗ภ๙ภᆩ ஔᆩภ๗Ȳ๿๬ᆩภ ᆩภஔ๹ภภภ க๗๹ภৄ ᆩ๖๙ภஔ๗๙ภ ๬๿ภৄภகภ๬๖ᆸภ๛ᆮᆮภ๪๴๿ภ ๥̣๷ภ๗๵ᆸ๖๗๵ᆸ๗๙ภ๵ᆸ๗๵ᆸ๲๗ᆩᆩภ๗ஔ๲๗ภ๪๹ภ๵ᆸภ๲๲๪๹ภ ๗๵ᆸ๣๗๥๪๙ภ ᆸ๪๹ภ๗๪๹ภ๲๣๗ᆸ๣๗ᆸ๣๲ภ๪๹ภ๗ುᆸᆧ๗ຉ๙ภ๗๪๹ภ๣๴ᆧภ๗ᆸ๗ภ๗ᆧࣟ๿๣ᆩภȲภ๴ᆧᆸ๧ᆸ๗ภ๴ࣟ๿๿๬ภ๗๴ภภৄࣟ๿ᆧ๧๗๹ภࣟ๿ภ๧கภ๴ৄ๧ภᆧภ ๗๹๨ภ ৄࣟ๿๗๹ภ ๗๹๨ภ ภৄ๴๧ ๗๹๨ภ ๗๹๨ภภ๴๪๥ภৄ๴ ࣟ๿๴ ৄৄ๧ ๗๹๨ภ ๴๪๥ภ๪๥ภ๗๹ᆧภ ๗๹๨ภ ๗ᆸ๪๥ภ๴๥๨๗ᆸ๪๥๴๪๥ภ๣ᆸภ๗ᆸ๿๨๗ᆸ๧๖ภ๨๪๥ภ๴๿ภ๨๥๴๿ᆧภ๗ᆸ๖๴๿๙ภ๥ภ๖๨ᆧภ๗ᆸ๖ᆧภ๴๿๷๗ภ ๨ᆧภ๥ᆮ๖๴๿๗ภ๥ᆮᆧภ๷ภᆩ๖๥ᆮು๗ᆮ๧ภ๥ᆮ๿ᆧภภᆩ๗๥๴ᆩು๗ภ๤๪ภ๿ᆩ๥ᆮภ೺ು๥ภ๿ುภ๥๗๿ ๥ภ๥ᆮ೺ᆩ ภ೺๬ು๗๗ᆸภ೺๿ ᆩ๥๤ᆸ๨ᆩ๗ภภ๬ು๗ภภ๼ᆩ๿๬೺๸๿๥๤ᆸ๬๧ภ๤ᆸภ๹๗ภ೺๸๤ᆸยภ๸๬๹๗ภᆸ๸๹๤ᆸଳ๷ภ ᆸ๬๹ภ ภ๸๤ᆸ๗ภ๹ภ๸ઈ๙ภภ ᆸ ᆸ๹ภภ๥̣๷ภ๷ ๼ᆩ๧ย ଳ๷ภ๗ઈ๙ภ๥̣๷ภ๷๹ภ๥๪๙ภ๴๯ᇇ๧ภ˚๿๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๥๗ᆸภ๨๴๿ภ๖ᆧภ ๥ᆮภ๗ᆩᆩภು๿๿๥ภ೺๗ภ๪ଳภ๬๪ଳภ๥๤ᆸ๪ଳภ߸ภ๪ଳภ๥๸ᆸᆸื๥߸ภ๹๥๪ଳภ߸ภภื߸ภื๪ଳภ๥ ีৄ๧ภ ีৄ๧ภ ื߸ภ๥ีৄ๧ภ ีৄ๧ภื  ߸ภ๮ ᇍื๥๮ ีৄ๧ภ ีৄ๧ภ ᇍ๮๥ᇍ๮ภ๥๬๿ᇍ๥ภ๹๮๬๿ᆮᇍ๬๿๥ᆧ๬๿๹๮ภ ᆮᇍภ๹๥ᇍᆧᆮ๥๹ภ๬๿ᆧภᆮ๥ᆧภ๬๙๹ภ ๥ภ๹๬๿๥ᆮ ภᆧ ๬๙๹ภ ๹ภக ๬๙๹ภ๵க๥க ๬๙๹ภᆮ๥ᆮᆧ ๬๙๹ภ ๙ภக๵ภ๤๵ ๬๙๹ภ ๗๹๨ภ ๙ภᆸ๵๪க๙ภ๤๙ภᆸ๤ৄ๵๪கᆸ๤ภ๪ᆸภ๙ภৄ๪๵ภ ৄ๤๙ภৄᆸ๪ ๗๹๨ภ ๗๹๨ภ ๤๪ᆸ๗๹๨ภৄᆸ๪ ๳ຉ๪ৄ๥๪๳ຉ ๗๹๨ภ ๗๹๨ภ ๪ภ๗ᆸ๳ຉ๥๳ຉ๨๥ภ๗ᆸ๪ภ๥๗ᆸ๼๳ຉ๨๗ᆸᆩ๪ภ๨๧๥๼๨ภ๳ຉᆩภย๼๗ᆸภ๧๥ᆩ๼๧๨ᆩย๗ᆸ๧ภย๼๨ยᆩภ๧ภ๼ᆩยᆩ๧ย ๵๙ภ๤ᆸᆸ๪ภৄ๗๹๨ภ๪ื๳ຉภ๥ื๗ᆸืื๨ภ๝ᆮ๼ืᆩᆩ๹๧๝ᆮภื๪๝ᆮ๹ย๝ᆮภ๚ᆸ๹๪๹ภ๷ภ๪๝ᆮ๚ᆸภ๪๚ᆸ๹๬๷๚ᆸ๝ᆮภ๷๪๹๷๬ภ๝๬ภภ๚ᆸ๪๬๝๬ภ๷๚ᆸ๝๬ภ๝๬ภ ๹ภ๷๷๮ภ๹ภ๷๬ᇍ๝๬ภ๹ภ๗๮๹ภᇍ๝๬ภ๷๮๹ภ๗ᇍ๮๗ᇍ๹ภഁ๷๗ງย๹ภ๮๹ภഁᇍ ງย๗ഁ๮ງഁยᇍ ງ๹ภᇍย๗ഁ๹ภງยഁງยງ 28 ๤ᆸภ๪๤ᆸภ๕ᆸ๤ᆸ๪๤ᆸภ๥ภ๪๕ᆸภ๪๴๕ᆸ๤ᆸ๥๕ᆸภ๥๪๴๪๥ภภ๤ᆸ๴๕ᆸ๴๪๪๥ภ๵ᆸ๥ภ๕ᆸ๪๥ภ๵๴ᆸ๥๨๵๥ภᆸ๵๴๪๥ภภ ๿ᆸ๨๥ภ๨๪๥ภ๵๴๿๨ᆸ๴๿๥๴๿ภ๵ภᆸ๨ᆸ๥ ๬๝๬ภ ภ๴๿ภ๨ภ๬๝๬ภ ๬๝๬ภ ๴๿๷ ภภ๬๝๬ภ ๹ภ๷๷๮๬๝๬ภ ๹ภ๷ᇍ๗๹ภ๮ ๬๝๬ภ ๹ภᇍ๷๹ภ๮๗ᇍ๮๗ᇍഁ๹ภ๷๗ງ๹ภ๮๗ഁ๹ภᇍ ᆩ ງഁ๗ᆧ๮ງ๗ഁภ ๿ᇍ ᆩງ๹ภภᇍ๗๗ᆩᆧഁ๿ᆩภ๹ภᆧ๗ງ๹ภ๿ᆧ๗๿ഁ๹ภᆩ๗ງ ງ๹ภᆧ๗๹ภ๿ ᆩ ᆩ๗ᆧ๗ภ ๿๹ภภ๿ᆧ๗ᆧ๝ᆮ๗ภ๹ภ๧ᆧ๝ᆮภ๗ภ๪๝ᆮ๧ภᆧ๝ᆮภ๚ᆸ๧ภ๪๧ภ๷ภ๪๚ᆸ๝ᆮภ๪๚ᆸ๬๧๷๚ᆸ๝ᆮภ๷๪๷๬๧ภ๝๬ภภ๚ᆸ๪๬๝๬ภ๷๚ᆸ๝๬ภ๝๬ภ๷ ภ๬๝๬ภ๝๬ภ ภഁງภງ ๗ᆩภᆩ ᆧ๿๗๿ ๹ภ๗ภᆧภ ๝ᆮ๧ภ๪๷๹ภ ๚ᆸ๷ภ๹ภ๮๷๹ภ ๬ᇍ๗๷๹ภ๮๝๬ภᇍ๹ภ๮๗ᇍ๮๷๹ภ๗ᇍഁ๗ງ๷๹ภ ๹ภ๮๧ഁᇍ ງ๗ഁ๙ภ๮๧ງഁᇍ ງ๴๹ภภ๧ᇍ๗๙ภ๧๙ภഁ๴๹ภ৷๷ภ ๙ภງ๴๧ഁ๴৷๷ภງภ๛๙ภງ ᆸ৷๷ภ๧๗৷๷ภ๴๛๙ภᆸ๛ย๗๴ᆸ๛৷๷ภ๗ᆸย๗๝ᆮ৷๷ภ ย๛๧ยᆸ๝ᆮ๗๪๛๝ᆮ๧ᆸ๝ᆮยภᆸ๚ᆸ๧๗๪๧ภ๷ภ๪ย๚ᆸ๝ᆮภ๪๚ᆸ๬๧๷๚ᆸภ๝ᆮ๷๪๷๬๧ภ๝๬ภภ๚ᆸ๪๬๝๬ภ๷๚ᆸ๝๬ภ๝๬ภ ๹ภ๷๷๮ภ๹ภ๬๷ᇍ๝๬ภ๗๹ภ๮๹ภᇍ๝๬ภ๷๹ภ๮๗ᇍ๮๗ᇍഁ๹ภ๷๗ງ๹ภ๮๗ഁ๹ภᇍ ᆩ ງഁ๗๹๮ງ๗ഁภ ᇍ ᆩງ๹ภภᇍ๗๹๗ᆩ ภ๹ഁᆩ ภງ๹ภ๗ഁᆩ ๴‫ك‬๹ภ ງภງ๹ภ๗ภ ᆩ ๴‫ك‬๹ภᆩ๹ ๴‫ك‬๹ภ ๬ภ๿๴‫ك‬๹ภ ๗๬๿๬ ๴‫ك‬๹ภ๿๗๬ภ ๿ภ๗ ๴‫ك‬๹ภ ๗ภ๬ภ ๿ ๗๬ภ๿ ๿ภ๗ภภ ๬๝๬ภ๷๹ภ๮ᇍᇍ๗๹ภഁງງภ๗ᆩᆩ๹ภ ᆧภ๴‫ك‬๹ภ கᆧภᆧภகᆧภ๬க๿๿கภ๮ᇉᆧภภ๗ภഽக๮ᇉᆧภຉ๮ᇉ๗ഽக๮ᇉภ ຉภഽ๝ภ๗ᆮຉഽ๧ภ๗๮ᇉຉ๝ภ๗ᆮ๪๝ภഽ๧๮ᇉᆮ๝ຉภ๚ᆸ๧ᆮ๗ภ๪๧ഽภ๷๪ຉ๚ᆸ๝ຉภ๗๪ᆮ๚ᆸ๥๧ภ๷ภ๚ᆸ๝ภ๷๙ภᆮ๪ᆮ๥๷๧ภ๥๚ᆸ๙ภภ๪๥๙ภ๷๚ᆸ๙ภ๮ᇉ๥ภ๷ഽภ๮ᇉ๙ภຉ๥๮ᇉ๗ഽ๮ᇉภ๙ภຉഽ๬๗ຉഽ๿ ภ๗๮ᇉຉ๧๬๗ภ ๿ภ๨๬ഽ๮ᇉ๧๿ຉ๬ภ๴๿๧๗ภ๨ഽภ๧ຉ๝ภ๨ຉ๬๴๿๗ᆮ๨๧ภ๴๿๧ภ๝๴๿ภ๬ᆮ๪๝๿ภ๧๨๿ᆮ๧๝ภ๚ᆸ๧ᆮภ๴๿๪ภ๧๨ภ๷๪๚ᆸ๝ภ๪๴๿ᆮ๚ᆸ๗๧ภ๷ภ๚ᆸ๝ภ๷ᆮ๪ᆮ๗๷๧ภ๲๧ภภ๚ᆸ๗๪๗๲๧ภᆧ๷๚ᆸ๿๲๧ภ๗๲๧ภᆧ๷๿๹ภᆧ๗๿ᆧ๲๧ภ๗๿ű๹ภ๗๿๹ภ ๲๧ภᆧ๲ű๹ภ๿ ๿๗űᆧ๿๲űภ๪๹ภ๿ ๿ภ๿๲๗๲๪๹ภű๿๪๹ภ๪๹ภ๲ű๿ ๿๲๪๹ภ๪๹ภ ๧ภ๨๴๿ภ๝ᆮᆮ๧ภ๪๚ᆸ๷ภ๗๲๧ภᆧ๿๿๗๣ᆸ๹ภ๗๣ᆸภű๿๿๣ᆸ๴ภ๗๣ᆸ๲ภ๗ࣟ๿๴๗ภ๧ภ๴๪๹ภ๣ᆸࣟ๿ภ๴๥ࣟ๿๗๧ࣟ๿๣ᆸภ๗ᆸ๧๥๴๧ภย๗๥ภ๗ᆸࣟ๿ภ๥๴ย๗ᆸ๧๗ᆸยࣟ๿ภ๥ᆮย๥๧๴ภ๗ᆸ๿๥ᆮภ๥ย๴ᆮ๥ᆮ๗ᆸ๿ภ๴ย๿๴ภ‫ك‬๹ภ๿ภ๴๥ᆮ๴‫ك‬๹ภ๴๬๿๥ᆮ‫ك‬๹ภ๿‫ك‬๹ภ๴ˠ๬๴๿ ๿ ๿๬๴๿๬ˠ ‫ك‬๹ภภ๙๹ภ๿ภˠˠ‫ك‬๹ภ ๙๹ภ๬ಸ๿๙๹ภ๙๹ภˠ๬ಸ๿ಸ๿ภˠಸภ๙๹ภ๬๿ภ๙๹ภഁಸ๬๿ງ๬๿๥ഁ๬๿ಸภ ງภഁ๙ภ๥ງഁ๬๿๴ງ๥ภ๙ภ๥ࣤງ๙ภഁ๬๿๴๙ภງ๷๴ࣤງ๥ภഁ๴ࣤງງ๪ภ๙ภ๷ࣤງ๥๷๴๿๪๷ภ๙ภ๪ࣤງ๴๿๪๴ภ ๿๷ࣤງ๴๿ภ๖ᆮภ๪ภ๷๬ภ๴๿๖ᆮภງ๪ภ๖ᆮ๥๬๖ᆮภ๴๿ງภű๬๥ภ๿ງ๬ภ๥๖ᆮງ๷űภ๥๿ภű๬๹ภ๖ᆮ๿ű๷ງ ๿๥ภ๷๬ภ๹ภ๷ງűງ๹ภ๥๿๹ภ๷ű๿ภ๿ภ๹ภ๷๹ภ ๬๿ภഁງງภ๥๙ภ๴ࣤງ๷ภ๪๴๿ภ ๖ᆮภ๬ງງƥ๙๹ภ ๥ภű ƥ๙๹ภ๿๿ภৄ ƥ๙๹ภ ƥ๙๹ภ๵ৄৄ๷ ƥ๙๹ภ ๙ภ๵ৄภ๪๵ ƥ๙๹ภ ๙ภ๵ৄ๙ภ๪অ๗ภ๙ภ๪๵ৄ๪অ๗ภ๛ภภ๙ภᆸঅ๗ภ๵অ๗ภ๪๛๙ภᆸ๨ภ๛๗ᆸ๛๪অ๗ภᆸ๼๨ภ๗ᆩ๨ภ๧অ๗ภ๛๼๨ภᆸ ᆩ๬ภ๼๗๧๛ᆩ๼ᆸ๧ᆩ๷๨ภᆸ๬ภ๗๧๬ภ๼๹ภ๷๨ภ๬ภᆩ๷๧๼๹ภ๷ᆩ๬ภ๹ภᆩ๧๹ภ๷๬ภ ๴‫ك‬๹ภ ๹ภ๷๴‫ك‬๹ภ ๴‫ك‬๹ภ ๹ภ ๬๿๴‫ك‬๹ภ ж๬๿๬ ๴‫ك‬๹ภ ๙ภ๿๬ж๿ภж๸ ๴‫ك‬๹ภ ๙ภᆸж๬๙ภ๸๿๙ภᆸ๸жᆧ๬๹ᆸ๸๿ภ๹๿ᆸภ๙ภжᆧ๹๤ภ๸ᆧ๙ภᆸ ᆸᆧ๹๙ภ๪๤๸๙ภᆸ ᆸ๕ᆸ๤ᆸᆧ๹๪๤ภ๥ภᆸ๪๙ภภ๕ᆸᆧ๪๴๕ᆸ๤๥๙ภ๕ᆸᆸ๥๪๴๪๥ภภ๤ᆸ๴๕ᆸᆸ๴๪๪๥ภ๵ᆸ๥ภ๕ᆸ๪๥ภ๴๵ᆸ๥๵๥ภᆸ๵๴๪๥ภภ ᆸ๥ภ๪๥ภ๵ᆸ๥๵ภ ᆸ ᆸ๥ภภ ‫ك‬๹ภ๬๿๿ภж ๙ภ๸ ᆸᆸ๹ ภᆧ ๙ภ๤ ᆸᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸᆸ๥ภ ¿» འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའ23ི་བ23 ཅའ་2323 ཁྲིམ23 ས་(23 འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། 23 The Ministry of Finance, in consultation with the MoAF and the cooperative sector, shall issue and implement the rules governing the operations of insurance co-operatives. The issuance of a license to operate by the Ministry of Finance shall be prerequisite to the registration of insurance co-operative with the MoAF.

Article 12: Effects of Registration. A co-operative, upon registration under this Act, acquires a juridical personality from the date the MoAF issues a certificate of registration under its official seal. The registered co-operative, from the date of the issuance of the certificate of registration, shall henceforth be protected by the laws of the state, and shall discharge its powers and responsibilities in accordance with this Act. A registered cooperative under this Act are conferred the following powers and responsibilities: (1) To adopt or amend its Constitution and By-laws; (2) To use the word “co-operative” in its official name; (3) To sue and be sued in its name; The Co-operative (Amendment) Act of Bhutan, 2009 16   ๬๿ภ๥๙ภ ๖ᆮภ๬ງ๥ภű๿ภ๷๹ภƥ๙๹ภ๖๗ภ๪๚ᆸภஶภ๵ᆸ๥ภ๨ภ๚ᆩ๧ภ ๝ᆮ๧ภ๪๚ᆸ๷ภ๬๝๬ภ๷๹ภ ๬๿ภ๬๿๥ภ๬๿๥๙ภ๬๿ภ๥๙ภ๬๿๥๙ภ๖ᆮ๙ภ๬๿๥ภ๖ᆮ๙ภ๬๿๥ງ๖ᆮภ๬๥๖ᆮ๙ภภ ງ๬๥ű๖ᆮ๙ภ๬ງ ๿๥ງű๥ภ๖ᆮ๬๷๿ภűງภ๷๥ű๿๖ᆮภ๬๹ภ๿ ງ๷๹ภ๥ű๷๬ƥ๿ ງ๹ภƥ๥ű๷๹ภ๿๙๹ภƥű๷ƥ๙๹ภ๿ ๖๷ƥ๹ภ ๙๹ภ ๙๹ภ๖๗ภƥ๖๙๹ภ๗ภ๪๖ƥ๗ภ๙๹ภ๪๚ᆸ๗ภ๖๪๚ᆸ๙๹ภ๪ஶ๗ภ๖ภ๚ᆸஶ๚ᆸภ๪๗ภ๵๖ஶᆸ๚ᆸஶ๵๥๪ภ๗ภᆸ๵๥๚ᆸஶ๨๵๪ภ ᆸภ๥๨๥๚ᆸஶ๵ภภᆩᆸ๨๚๧๥ஶ๵ภᆩภᆸ๚๧๨๥ᆩ๵ภᆩภ๧ᆸ๨๚๥ภ๝ᆮภᆩภ๧๝ᆮ๨๚ภᆩ๧๝ᆮ๪๚ภภ๧ᆩ๪๚ᆸ๧ภ๝ᆮภภ๪๚ᆸ๷๧๝ᆮภ๚ᆸ๷๪๧๬ภ๝ᆮ๷ภ๚ᆸ๬๪๧ภ๝๬ภภ๷๚ᆸ๪๝๬ภ๷๬๚ᆸ๝๬ภภ๷๬๹ภ๝๬ภ๷๹ภ๬๮๝๬ภᇍ๹ภ๷๮๗ᇍ๝๬ภ๮๗๷๹ภᇍ ᇍ๗๹ภ๮๷ᇍ๹ภ๗๮๹ภᇍ๹ภ๗๮ᇍ๹ภ๗๹ภ ๮ᇍ๗๹ภഁງภഁງഁ๚ภງภᆩഁງ๚๗ഁງ๚ภᆩ ภ๚๗๗ᆩ๗ᆩഁງ๚ภ๗ᆩภ๗ภ๗ภഁງ๚๹ᆧภภᆩ๗๗ഁງ๚๹ᆧภ๹ᆧภᆩภ๪๗๹ᆧภ๚๹ᆧภภᆩ๪๗๪๪๹ᆧภ অ๗๹ภ অ๗๹ภ অ๗๹ภ ๹ᆧภ๪ অ๗๹ภ ๪๗ ๹ᆧภ๴ অ๗๹ภ ๪๴ অ๗๹ภ ๪๥ภ๪๴๴๥ภ ๴ অ๗๹ภ๛๪๥ภ๴ᆸঅ๗๹ภ ๪๥ภ ๪๥ภ๛๗ᆸ๴๛๪๥ภ๗ย๛๛ᆸ ᆸ๴๗๪๥ภ ย๗๛ᆸ๗ᆸย๪๥ภย๗๛ ๥̣๷ภ ยᆸย๗๛ ๥̣๷ภᆸ๥̣๷ภ ๥̣๷ภ๿ย୶๹ ย๗๥̣๷ภ ୶ ๥̣๷ภ๿୶๹୶๿ధ๥̣๷ภ๿๹๹ధ୶๧ภ୶ภ๥̣๷ภ๿ధ๧ภ๹๿๹๖୶๿๧ภ๖๹๗ภధภ୶ధ๿๖๗ภ๹๧ภ๗ధ๧ภᆩ๗ภ๗๖๹๧ภధ๖ᆩ๗๹๗ภภ๖ᆩ๧ภᆩ๹๗๗ภ๖ภ๹ᆸᆩ๹ภ๗ᆩ๹ภ๹ᆸᆩ๧ภ๹ภᆸ๗๧๬ภภᆩ๹๧ᆸ๬ภధ๬ภ๹ᆸధ๧๹ᆸภధ๧ภ๬ภ๹ᆸ๖ภ๧๧ภ๖ధ๬ภ๗ภ๧๬ภ๖๗ภ๧ภ๥ధ๬ภ๗ภ๥๥๖๙ภ๧ภధ๙ภ๥๙ภ๗ภ๖๧ภ๙ภ๥๗ภ๖๙ภ๥๗ภ๙ภ๥๙ภ ๧๗๹ภ๬๝๬ภ ๮๬๝๬ภ ๬๝๬ภ ๷ภ๷ ๬๝๬ภ ధ๷๹ภ ๬๝๬ภ ๧ภ๷๹ภ๷๮ ๬๝๬ภ ๖ᇍ๹ภ๮๗๷๹ภ ๬๝๬ภ ๗ภᇍ๮๗๹ภ๥ᇍ๮๷๗ᇍ๹ภ๗ഁ๮๷๹ภ๙ภງ๹ภᇍഁ๴๹ภ๗๮ງ๿ഁᇍ๴ഁ๹ภງ๗๿๮๬๝๬ภ ງ๴ᇍ๴๿ภഁ๹ภ๗๿ ງ๴ഁ๹ภ๿ ງ๷๹ภ๴ഁ๿ ๷ງ๷๹ภ๴ഁ๷๹ภ๿๷๹ภ๹ภງภഁৄງ๷๹ภഁ๮ภഁৄງ๥ງ๷๹ภৄᇍ๗ഁ๥ৄ๙ภງ๷๹ภ๥๙ภ๹ภഁ๗ৄ๥ງ๙ภ๗๚ᆩ๙ภഁৄഁ๥ງภ๗๚ᆩ๗๙ภৄງ๴๥๚ᆩ๗ภ๚ᆩ๖๗๙ภ๿ภภ๥๗๗๖๚ᆩᆧภภ๗๙ภ๖ᆧภ๗๷๹ภ ˠ๚ᆩ๗ຉᆧภˠ๗๖๹๚ᆩຉภˠ๹ᆧภ๗๖๪ഁຉ ຉ๹๪ˠᆧภ๖ງภৄຉ೫๧ภ๪๹ˠᆧภ೫๧ภภ๥ຉ๤๹๪ˠ೫๧ภ๙ภᆸ ภຉ๤๗๹๪ᆸ ภ೫๧ภ๤๗๗ภᆸ๪ᆸ๗೫๧ภ๤๚ᆩภ ᆸ೫๧ภ๗๗๤๝ᆮᆸ๗ภ๧๝ᆮ๤๖ภᆸ๧๝ᆮ๗๪ᆧภภ๧๪๚ᆸ๝ᆮˠภ๪๚ᆸ๷๧๝ᆮຉ๹ภ๚ᆸ๷๪๧๝ᆮภภ๷๚ᆸ๪๧ภ ภ๷๚ᆸ๪ภ๷๚ᆸภ๷ภ ๪೫๧ภ๬๝๬ภ ๤๬๝๬ภ ᆸ๗ภ๷ ๬๝๬ภ๬๝๬ภ ๷๹ภ ๬๝๬ภ ๝ᆮ๷๹ภ๷๧๮ ๬๝๬ภ ึภᇍ๹ภ๮๗๷๹ภ ๬๝๬ภ ๪ᇍ๮๗๹ภ๚ᆸᇍ๮๷๗ᇍ๹ภ๗ഁ๷๮๷๹ภງ๹ภ๬๝๬ภ ᇍഁ๴๹ภ๗ภ๮๬ງ๿ഁᇍ๴ഁ๹ภ๷๝๬ภງ๗๿๮ງ๴ᇍ๷๴๿ഁ๹ภ๗ภ๷๿ ງ๷๗ภ๴๷ഁ๹ภ๹ภ๷๿ ງᆮ๗ภ๷๴๧๗ภഁ๮๹ภ๿ᆮ ງ๷๧๴๥๷๗ภᇍ๗ᆮ๮๿ ๹ภᆮ๧๥๧ภ๷๗ภ๪๙ภᇍ๗ഁᆮ๥๥๧๪๙ภ๷๗ภ๹ภງ๴ᆮು๪๙ภ๥๧ຉ๷๪๙ภು๿ ๥ഁᆮ ຉ๥๧ು๪๙ภ̣๷ภ ು๗ภງ๴ຉ ᆩຉ๥๙๪๙ภ๗๿ภภುȲ๷ᆩ ๖ຉ๗๿๪๙ภ๗Ȳᆩ๬ುภ๙ภ๗ภᆩ๿ ຉȲ๬๙๗Ȳ๹ภುย๿ ᆩ๷๿ ຉ๬๹ภ๙๗Ȳகᆩᆮ๧๿๹ภக๬๗Ȳภᆩ๿ภ๹ภக๬๥Ȳ๗๹ภ๪๙ภ ๿๬க๗๗๹ภ๗๹ภக๹ภ๹ᆧภ๗ುக๹ᆧภ๹ภຉ๙๗๪๹ᆧภภ๹ภ๪๣ᆸ๗๗๹ᆧภ๪๣ᆸ๧ᆩภ๗Ȳ๣ᆸ๧๹ᆧภ๥๪๿๬ภ๧๥๙ภ ๹ᆧภ๣ᆸ๪๹ภ๥๙ภ๧๣ᆸภ๪๙ภ๥๧க๣ᆸภ๙ภ๥๧๷๗ภ ๗๹ภภ๙ภ๷๗ภ๥๷๗ภ๙ภ๷๗ภ๷๗ภ๷๗ภ ๗๹ᆧภ๷ᆮ๷ᆮ๪๧ภ๷ᆮ๧๣ᆸৄ๷ᆮภ๧๧ภৄ๧ภ๴๷ᆮภภৄ๥๴๧ৄภ๷ᆮ๤๪ภ๙ภภ๴๧ৄ๴๷ᆮ๤๪ภภ๥๤๪ภ๧ৄ๴๤๪ภ๥๗ᆸ๷๗ภ ৄ๴๥๗ᆸ๨๤๪ภภ๥ภ๗ᆸ๴๨๤๪ภ๗ᆸ๼๥๨๷ᆩ๼๨๧๤๪ภ๗ᆸ๥ᆮ๧ᆩภ๼๧๨ย๼ᆩ๗ᆸ๥ภภ๧ৄᆩย๧๨๼๗ᆸภภย๴๗ᆸᆩย๧๨๼ ๥̣๷ภ ๴ภ๤๪ภ ๥̣๷ภ ๼ภ๪ᆩ๥̣๷ภ ᆩย๧ ๥̣๷ภ ย๧୶ ๥̣๷ภ๗ᆸ๿୶๹୶๿ధ অ๗๹ภ ๥๿୶ย๹ ๥̣๷ภ๨๬๿๹๹ధ୶๧ภภ๥̣๷ภ ภ๝๬ภ๼๿ధ๧ภ๹๖ధ୶๿๧ภ๖๹๧ภ๗ภᆩ๧ధ୶๷ย๥̣๷ภ ๿๖๗ภ๖๹๧ภ๷ధ๹ภ๗ภ๷๗ภ๖๧ภ๹ภధ๮๷๹ภ๗ภ๖๧ภᇍ๗๹ภ๹ภ๷๗ภ๖๝ᆮഁ๷๹ภ๗ภ๧๝ᆮ୶ງภ๧๝ᆮ๥๷๹ภ๪๿๹๙ภ๧๪๚ᆸ๹ภ๝ᆮภภ๪๚ᆸ๷ధ๧๝ᆮภ๚ᆸ๷๧ภ๪๧๬๝ᆮ๷ഓ๿๚ᆸ๬๖๪ภ๧๝๬ภภ๬ภ๷๚ᆸ๗ภ๪๝๬ภ‫ك‬๧ภ ๷๬๚ᆸ๝๬ภ๷ภ๷๬๹ภ๝๬ภ๹ภ๷๬๹ภ๬๮๝๬ภ๝๬ภᇍ๹ภ๷๮๗ᇍ๝๬ภ๮๗๝ᆮ๷๹ภ๷ᇍ๧ᇍ๗๹ภ๮๷๹ภภᇍ๹ภ๗๮๹ภ๮ᇍ๹ภ๗ᇍ๗๮๹ภᇍ๹ภ๗๹ภഁງภ ๙ภ ഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮๪๚ᆸ ᇍ๗๹ภ๷ഁഁງภງภഁງ๬๴๿ภഁງ๴๝๬ภ ๝ᆮ๧ภ๪๚ᆸງᆧ๷ภઈภ๬ภ๧๝๬ภᆩภ๗๷ᆩภ๥๹ภᆸ๧๮ภகᇍ๗๹ภภഁງภৄ๥๙ภภகภ๨ ภᆧ๥̣๷ภ ๴ࣤງ๷ภஔภ๗ᆩภ๲๪๹ภ๣ᆸ๗ภ๥ᆸ๧ภ ๷ഁງ๿ภ๴๷๿๴ภ๗ภഁງ๿๷๗ภ๷๴Ȭ๷ഁງ๿ภ๗ภȬ๹ภᆧ๴๗ภ๷ഁງງ ๿Ȭᆧ๴ઈ๮ງȬ๗ภ๷๿ᆧງઈᆧᇍ๗ภȬ๧๗ภ๷ᆩງઈ๧ᆧઈȬ๹ภภ๗ภᆩ ງᆩ๧๗ᆧઈഁᆩ๧Ȭภ๥ᆩ ᆩภງᆸ๗๧๥ᆧઈ๗ງ๴ᆩภᆸภᆩᆩ๧๥கઈ๧๿ภ๷ᆸ๗๥ภ ᆩ๧ᆸᆩภக๧கภภ๗๥๗ภภᆩᆸᆩகภ๧க๗๥Ȭภ๙ภᆸᆩภ๧க๥๥๙ภ๬๝๬ภ ᆸภ๨๧க๥๙ภภ๥๙ภ๨ᆧக๨๥๙ภᆧ๷ภ๨ᆧ๥๙ภ๨ᆧ๹ภ๙ภ๥๙ภ๹ᆸ๨ᆧ๮๹ᆸᇍ๗๙ภ๧๨ᆧ๹ᆸ๹ภ๹ᆸ๧๬ภ๙ภภᆧ๧๬ภഁ๹ᆸధ๙ภ๬ภງ๴ధ๹ᆸ๧๿ภ๥ภధ๧ภ๬ภ๹ᆸ๖̣๷ภ ๧ภ๖๗ภధ๬ภ๧๖๗ภ๧๖ภధ๬ภ๗ภ๧๙ภ๖๙ภధ๧๙ภ๤๗ภ๚๖๧ภᆸ๙ภ๤ᆩ๗๧๪๗ภ๖๙ภᆸ๤ภ๪๕ᆸ๙ภ๪ᆸ๧๗ภঅ๗๹ภ ๪๕ᆸ๥๤๙ภ๧ᆸ๕ᆸ๥๴๪๤๙ภ๹ᆸภ ᆸ๥๴๕ᆸภ๪๤ภ๣๧๥ภᆸ๴ภ๕ᆸ๪๥ภᆮภ๪๬ภ๴๥๥ภ๕ᆸ๪๥ภ๥ᆮ๗ᆸ๴๥๥ภย๪๥ภ๗ᆸ๗ภ๙ภย๴๗ᆸ๪๥ภᆩ๹ย๪๥ภ ภ ๗ᆸย๗ᆸ๥๨๷ภ  ๥ย๗ᆸย கภ ๥̣๷ภ๴ࣤງ๷ภஔภ๗ᆩภ๲๪๹ภ๣๧๗๹ภ ᆸ๗ภ๥ᆸ๧ภ๮๷ภధ๧ภ๖๗ภ๧๙ภ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸย ๖๙ภ๚ᆩ๗ภ๪অ๗๹ภ๣ᆮภ ๥ᆮภ๗ᆩ๹ภ ๥๨๷ภ ๴ࣟຉᆧภ˚๿ภஔภৄภ๧๙ภகภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๬ภ๥̣๷ภ˚๿ภ୑ງ๧ภ๗๲๿ภ ื๨ย๤ᆸ ื๨ย๤ᆸ ๬Ȳ๿ᆸ๹ภ๥๧๹ภᆸ๬Ȳ๿๥๧ึ˚ᆸ๥ภ๹ภ๬Ȳ๿๧๿ภᆸึᆸ๧୑๥๹ภ๬ึງ๧ᆸึ๧๥๹ภ ๹ภ๮ᇍ๗๹ภഁງ๴๿ภȲ๿Ȳ๿๬๬ภȲ๿๬๹ภȲ๿๥๬๹ภ๥̣๷ภ ื๨ย๤ᆸ ื๨ย๤ᆸ ื๨ย๤ᆸ ภ๗ᆸึ๧ ๥๲๿ภᆸึ ื๨ย๤ᆸ ๧ ภ ภภึ๪ ื๨ย๤ᆸ ื๨ย๤ᆸ ภ๪๕ᆸภ ภ๪๕ᆸ๥๪ภ ๕ᆸ๥ภ๪ű๕ᆸภ๪๿๥ภűภ๕ᆸ๥๩๿๪ภűภ๥๩๧ภű๿๕ᆸ๪๿๩๧ภయű๥๩๕ᆸ๿ภ๿๧ภయ๧ภ๥ű๩๿యภ๗๹ย ๗๹ยయ๧ภű๩๿ภ ๗๹ย ๗๹ย య๧ภ๩ ๗๹ย య๧ภ๗๹ย ๗๹ย ๪઩๬ภయ ๗๹ย ๚ᆩ๗ภ๗ᆩภஔภ๴๪๥ภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸย ๤๪ภ๥๗ᆸย ๬๝๬ภ๷ ๬๝๬ภ ๬๝๬ภ ๹ภ๬๝๬ภ ๬๝๬ภᇍ๷๗๹ภ ๷๮๬๝๬ภ ๬๝๬ภᇍ๹ภ๮๗๷๹ภᇍഁ ๷๹ภ๮๷๹ภ๬๝๬ภ ๮๗ງภ๹ภᇍ๮๷๚๗ᇍ๹ภᆩഁ๗๮๷๹ภງ๗๹ภᇍഁ๹ภ๗๚๮ງ ᆩഁᇍ๚๗ງഁ๹ภภ๮ᆩ ງ๚ᇍ๗ഁᆩ๹ภ๚๗ງ๗ᆩ๗ภഁ๹ภ๚ ๪๚๴ภງᆩ๗ ๪๚๴ภ ഁ๚ງᆩ๪๚๴ภ ๗๚Ȳ ๪๚๴ภภᆩ ๿Ȳ๪๚๴ภ ๪๚๴ภ๿๹ภ๥ᆩ๗๹ภ๬Ȳ๿๴๥ᆩ๴๹ภ๬ઈ๙ภภȲ๥ᆩ๿๥ᆩ๴๹ภ๬๥๙ภ๴๥ᆩ๴๹ภ๙ภ๴Ȳ๿̣๷ภ๙ภ๥ᆩ๴Ȳ๿๷๴๙ภ๥ᆩ๷Ȳ๿ภȲ๿๣๴๙ภ๥๣ᆮ๹ภ๷ᆮ๣๷Ȳ๿๴ภᆮ๙ภ๥๣๷Ȳ๿ᆮ๤ᆸภ๴ᆮภ๪๙ภ๤ᆸ๷๣Ȳ๿๪ᆮภ๤ᆸ๴ภ๪๷๣๕ᆸภᆮภ๯ᇇ๪๕ᆸ๥๤ᆸ๣๕ᆸ๧ภᆮ๕ᆸ๥ภ๴๪๤ᆸ๥ภ˚๥ภ๿๴๕ᆸภ๪๤ᆸ๹ภ๴ภ๪๥๱ภ ๪๚๴ภ๿Ȳ๹ภ๬๹ภȲ๿๪๚๴ภ๿ଳ๷ภ๬๴๹ภ๬Ȳ ๗๬๿Ȳ๬ ๴๕ᆸ๪ภ๪๥๱ภ ๪๥๱ภ ๴๥๕ᆸ๱ภ๥ ภ๥๱ภ ๪๥๱ภ ๴๥๥ ๹ᆸ๴๥ภ ๪๥๱ภ ๹ᆸ๧ภ๥๹ᆸ๬ภ ๪๥๱ภ ๧๹ᆸ๥๧๬ภ๹ᆸ๙ภ๧๥๹ᆸ๬ภధ๧๧๬ภ๹ᆸ๧ధภ๬ภధ๗๹ภ๹ᆸ๧ภ๧ภధ๬ภ๧๮๧ภధ๬ภ๷ภ๧ภధ๧ภ ˚๿๹ภ ๹ᆸภ๧๬ภ๥๥๙ภ๙ภ๧๧๗๹ภ ๗๹ภ ๖๗ภ ๖๗ภ๮๷๖๗ภ๷ภ๖๗ภ ๮๷๹ภధ๖๗ภ ๷ภ๹ภ๷๧ภ๹ภ๖๗ภధ๷๹ภ๤ᆸ๖๗ภ๧ภภ๤ᆸ๷๹ภ๪๤ᆸ๖๪๕ᆸ๷๹ภ๤ᆸ๗ภ๪๕ᆸ๥๹ภ๪๤ᆸ๕ᆸ๥๷๛๕ᆸภ๪๤ᆸ๥ภ๛๹ภภ๥๴๕ᆸภ๪๤ᆸ๛๴๜ᆸ๛๥ภ๕ᆸ๪ภ๴๜ᆸ๗๛๥๴๕ᆸภ๜ᆸ๗ภ๷๜ᆸ๛๤ᆸภ๥๴๗ภ๷๗ภ๪ภ๜ᆸ๛๴๷ภ๗ภ๷Ȭ๜ᆸ๴๕ᆸງ๗ภȬ๗ᆧ๥ภ๷๜ᆸງȬᆧ๗Ȭ๚ภ๖๗ภ๛ภ๷ງ ภງᆩᆧ๚ᆧ๗Ȭภ๥๴ภ๷ᆩ ງ๚๗ᆧ๚๙ภᆩȬ๗ภ๜ᆸᆩ๗ງ๗ᆧ๚ภȬ๗ภᆩ ງ๷๹ภᆧ๚ภ๷ ᆩ๷๹ภ๗๚ƥ๗ภ๹ภᆩ๷๹ภƥ๷๹ภ ๬๝๬ภ ๷ƥȬƥ๙๹ภ ๙๹ภ ๷๹ภ ๹ภງᆧűƥ ๙๹ภ ๮ภ๿๷๹ภ ๙๹ภ űƥᇍ๚๗๿๙๹ภűᆩ๹ภ๗๿ƥ๿๙๹ภű๷๹ภ ഁງ๴๿๙๹ภ ๷๹ภű๿ภ๷๿๤๷๹ภű๤๹ภ ๷๹ภ ๿๬๹ภ๤๬๹ภ ഁ๤๥๬๹ภ ๷๹ภ ງภƥৄ๥๙ภ๤๬๹ภ ๷๹ภ ภ๥๙๹ภ ๙ภ๪๥๗ű๪๬๹ภ ๥๙ภ๪๙ภ๤๬๹ภ ๚๹๨ภ ๙ภ๚ᆩ๥๚๹๨ภ๿ภ๗๪๙ภ๥๚๹๨ภภ๴๖๪๙ภ๴ ๚๹๨ภ ᆧภ๷๹ภ ๪๪๥ภ๴๚๹๨ภ ๪๥ภ ๴๪๥ภ ๚๹๨ภ ˠຉ๴๪๥ภ ๹ภ๴๪๥ภ๪೫๧ภ๪๥ภ  ๤ᆸᇉภ๷๗ภ๹ภ๷๹ภ๴๬๗ᆸ๝๬ภ ๷๹ภഁງภৄภ๥๙ภ๗๚ᆩ๗๤๬๹ภ ภ๖ᆧภ๗๧๙ภ ๥๗๧๙ภ ˠຉ๙ภ๗๧๙ภ ๹ภ๪๗๧๙ภ ๪೫๧ภ ๪๚๹๨ภ ๴๿๗๧๙ภ๪๴๿๮๪ภᇉ๴๿ ๗๧๙ภ ๮๷๴ᇉ๴๿๮ภ๹ภ๪๪๥ภ ๮๴๿ภ๷๪ᇉ๗๧๙ภ ᇉ๷๹ภ๴๿๮๷๪ᇉ๹ภ๴๗ᆸ๿๮๷๹ภᇉ๴๗ᆸ๪๮๴๷๹ภภᇉ๗ᆸ๪๗ᆸ๗๧๙ภ ภ๴๷๹ภ๪ অ๗๹ภ অ๗๹ภ অ๗๹ภ ๗ᆸ๪๴๹ภ অ๗๹ภ ๗ᆸ๪๴ ๣ ๪ᆮ๗ᆸ๪๣๴๿ᆮঅ๗๹ภ ๪๣ภᆮ๣ภঅ๗๹ภ ๮ᆮȲ๿๣Ȳ๿ অ๗๹ภ ๬ᆮ Ȳ๿๣๬Ȳ๿ᆮ๬๣๹ภ๬űȲ๿ᆮ ๿๹ภภű๹ภ๬Ȳ๿ᆧű๿ᆧű๹ภ๬๿Ȳ๿ภᆧ๬๪ű๹ภᆧ๨๿ অ๗๹ภ ๿๿๬๨๬๴๿ű๹ภ๷ᆧ๹ภ๿๿๨๴๿๬๨űᆧภ๮๿ภ๴๿๿๴๿๬๨ᆧᇍ๗๣ภ๿๴๿๬๨ ๴๪๪ภ ๴๪๪ภ ๹ภᆮภഁȲ๿ງ๴๿ภ๬๹ภ๥̣๷ภ ๨๴๪๪ภ ภ๴๿ ๴๪๪ภᆸภ๤๚ᆸ๴๪๪ภᆸᆩ๪๚๗๤ᆩ๴๪๪ภűᆸ๚๗ᆩ๤கภᆩ๿ภᆸ๗க๚๪ᆧภ๤๥ᆩภ๖ᆸக๗๚๪๿๬๥ภ๙ภᆩ๙ภ๥๗க๚๪๙ภ ๴๿๤ᆸ๤ ภ๨๗ᆩภ๧๗க๥๪๙ภ๴๿ᆩภᆩภภ๧๥ภᆩகภ๪๙ภ๧ภ๥ᆩ ๥̣๷ภ ᆩ๙ภ๪๙ภ๥๧๤ᆸᆩ๙ภภ๥๧๤ᆸ˚ᆩ๙ภ๤ᆸ๥๿ภ๷ภ๙ภ๤ᆸ๗ภภ๤ᆸ๷ภᆮ๧๤ᆸภภ ᆩ๥๪๙ภ๥๧๴๪๪ภ ๥̣๷ภ๖๙ภ๗ᆩภ ๤ᆸ๥̣๷ภ ๪ภ๚๪๕ᆸᆩ๗˚๪๕ᆸ๿ภภ๷க๥๪๕ᆸ๗ภภ๥๪๕ᆸ๴ภ๥ภ๥๷๴๪๕ᆸ๪๙ภ ᆮ๧ภ ๧ᆩภ๥๙ภ ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๥๪๙ภ ๵ ᆸ ๥ ುຉ๙ภ๗ᆩภȲ๿๬๹ภக๗๹ภৄภ ๗๹ᆧภ๪๣ᆸ๧ภ๥๙ภ ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸ๨ภ ภ๨ງᇍ๹ภഁ๹ภ๗๮๴ଳ๷ภງ๴๿ᇍഁ๴๥ᆩഁ๹ภ๗ງ๮ภງ ᇍ๴๥ᆩഁ๹ภ๗๴๗ງ๥ᆩ๥ᆩઈ๙ภ๬๝๬ภ ๷ງ๥ᆩȬᆧງ๷๗ภȬᆧ๹ภ๷˚ງ ๹ภງ๷๗ภᆧ๿˚Ȭ๮ภ๤๥๿ງ๷๗ภᆸ˚ภᆧ๤Ȭᇍ๗๪๙ภ๿๥๿ᆸງ ᆮ๤ᆧ˚๥๪Ȭ๹ภᆸภᆮᆸ๿ງ๥๪ᆧ˚๴๤ഁᆮภᆮ๯ᇇᆸ๿ภ๪๕ᆸ˚๥๤ງภภ๴ภ๧ᆮᆸ๿๪ภ๕ᆸ๥๥๤ภ๥ᆩภ๕ᆸ˚ᆮᆸ๥ภ˟๪ภ๥ภ๿๹ภᆮ๥˟๕ᆸ๪ภภภ˟ภ๥๪ภ๨๕ᆸ๷๗ภ Ȭᇉ๴๿ภ๮๨๪ภภ˟๷ງᆧ๷ᇉ๮๴๿๨๷๪ภภ๹ภᇉ ᇉ๹ภ˚๴๿๷๮๨๹ภ๮ᇉ๿ภ๴๿๹ภ๮๷ᇍ๗ᇉ ๮๷๹ภ๹ภᇉ ๷๹ภഁ๹ภງ๴๿ภ ๪๥ภ ภ ๥ ๴ ๪๕ᆸ๪๥ภ ภ ๥ ๴ ๵ ๪๥ภ ๪๕ᆸ ๴ ๪๥ภ ๵ᆸ ๹ᆧภ๪๣ᆸ๧ภ๥๙ภ ๷๗ภ๤ᆸภ๷๥ᆮ๧ᆮ๪ภ๴ภ๪๤๪ภ๕ᆸ๥๥ภ๗ᆸ˟๨๪ภภ ๨๴๿ภ๮ᇉภ๷๹ภ๪઩๙ภೲງภଳ๷ภ๖๪ภű๿ภȲ๿๬๹ภ๗ઈ๙ภৄภ๗ᆩ๹ภ഻๙ภುຉ๪ภ๴๪๥ภ๧ᆩภ ๵ ᆸ ๥ ๴ ๪๥ภ ๨ ๵ ภᆸ ๪๥ภ๥ ๨ ๴ ᆸ ๵ ๿๨ ๴๿ ภ ๪๥ภ  ๨ᆸ ๵ ๴๿ ภ  ๨ᆸ ๴๿ ๬๝๬ภ ๵ ๥  ภ ๬๝๬ภ  ๴๿๨ ᆸ ๥ ภ๬๝๬ภ  ๴๿๬๝๬ภ ๨ ๷ ๴๿  ๬๝๬ภ ๷ ๹ภ  ๬๝๬ภ๷๹ภ ๷ ๮ ๮ ๹ภ ๬๝๬ภ ᇍ ๹ภ๗ ๷ ๼ᆩ ๮ ᇍ ๗ ๹ภ ๮ ๷ ๧ ๗ ᇍ ๹ภ ᇍ ยഁ ๗ ๹ภ ๷ ๮ ๹ภ ഁ๴  ๷๗ภ ภ  ງ ๷๗ภ ഁ ๴ ๥ᆩ ๥ ภ ງ  ๥ᆩ ๴ Ȭ ๷๗ภ ๷๗ภ ̣๷ภ ๪ ๴๿ ๪ภ ๨ ˟ ๥ ๕ᆸ ๬๝๬ภ ๴๿ ๨ ภ ๪ภ๮ ˟ ๥ ภ๴๯ᇇ๧ภ˚๿๹ภ ๬๝๬ภ ๪઩๙ภ ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๪઩๙ภ ๪઩๙ภ ೲ๪઩๙ภງภೲງ๪઩๙ภ ೲງೲภ๪઩๙ภງଳ๷ภೲ ๪઩๙ภງଳ๷ภೲ๖ଳ๷ภງଳ๷ภ๖ೲ๪ภງ๖ଳ๷ภ ๪ภű๖๿๪ภű ଳ๷ภ๪ภȲ๖๿ű๿ଳ๷ภȲű๿๬๪ภภ๖๿ ๿Ȳ๬ű๹ภ๪ภȲ๿๖๿๿๬๹ภ๬ű๗๪ภȲ๿๿๹ภ๗๹ภ๬űȲઈ๙ภ๿๿๗๗๹ภ๬Ȳઈ๙ภ๿ৄઈ๙ภ๗๹ภ๬ઈ๙ภৄ๗๹ภৄᆩઈ๙ภ๗ৄ๹๗ᆩઈ๙ภ๗๹ৄ๗ᆩᆩ๹ઈ๙ภ๹ৄ๗ᆩ഻๙ภ๹ৄ๗ᆩ഻๙ภ๹๗ು഻๙ภᆩ ຉ഻๙ภ๹ು๪ຉ഻๙ภು๪ು๴ຉ ຉ๪഻๙ภ๴๪ುภ๥ภຉ๴഻๙ภ๪๴ು๥ภຉ๧๪๴๪๥ภᆩುภ๧ຉ๼ᆩ๪๴๧๥ภᆩภ๼ᆩ๧ᆩ๴ᆩ๪๥ภ๼๧๬ภᆩᆩ ᆩ๧๪๥ภ๬ภ๧๼๷ᆩ ᆩ๬ภ๷๧๼๹ภᆩ ᆩ๷๬ภ๹ภ๧๼ᆩ๹ภ๬ภ๷๧๥ᆮ๬ภ๷๹ภ๥ᆮ๗ᆩ๥ᆮภ๷๹ภ๗๥ᆩภ๗๹ภ๥ᆮᆩ ᆩ๪๙ภ๥ᆮ๗๪๙ภᆩ๮๥ᆮ๗๪๙ภᆩ๮๥ภ๗๥๪๙ภ๮ᆩ๥ภภ๥๪๙ภภ๥ภ๮๪๙ภ๥ภ๮๥ภ๮๥ภ  28  28 ๥๙ภ๥๙ภ๥๙ภ๥๙ภ๖๗ภ๥๙ภ๖๗ภ๥๙ภ๴๖๗ภ๖๗ภ๴๥๙ภ๗๧ภ๴๖๗ภ๴๗๧ภ๖๗ภৄ๗๧ภ๴๗๧ภৄ๖๗ภ๴ৄ๗๧ภৄภ๴๗๧ภৄ ๪๚๴ภ ๪๚๴ภ ৄ๪๚๴ภ ๗๧ภ Ȳৄ๿Ȳ๬ ๪๚๴ภ๿Ȳ๬๹ภȲ๿๪๚๴ภ๿๬๹ภ๬Ȳ ๪๚๴ภ ๪๚๴ภ๿๹ภ๥ᆩ๹ภ๬Ȳ๿๴๥ᆩ๴๹ภ๬ภȲ๥ᆩ๿๙ภ๥ᆩ๴๹ภ๬๥๙ภ๴๥ᆩ๴๹ภ๙ภ๴Ȳ๿๙ภ๥ᆩ๴Ȳ๿ภ๷๴๙ภ๥ᆩȲ๿๷ภȲ๿๣๴๙ภ๥ᆮ๷๣๷Ȳ๿๴ภᆮ๙ภ๣๷๣Ȳ๿ᆮภುຉ๴ᆮภ๷ುຉ๣๙Ȳ๿ᆮภುຉ๙๷๪๣ುຉภᆮภ๙๪๣ುຉภภ๲๗ภᆮ๪๙ುຉ๲๗ภ๴๪๙๲๗ภುຉ31ภ๴๪๙๥ภ ๲๗ภ๴ภ๪๥ภ๪๲๗ภ๧๴๥ภᆩ๪๥ภ๧๲๗ภ๼ᆩ๴๪๥ภ๧ᆩ๼ᆩ๧ᆩ๴ᆩ๪๥ภ๼๧๬ภᆩᆩ ᆩ๪๥ภ๧๬ภ๼๷ᆩ ᆩ๬ภ๧๷๼๹ภᆩ ᆩ๷๬ภ๧๹ภ๼ᆩ๹ภ๬ภ๷๧๥ᆮภ๬ภ๷๹ภ๥ᆮ๗ᆩ๥ᆮภ๷๹ภ๗ᆩ๗๥ᆮ๹ภᆩ ᆩ ๥ᆮ๗ᆩภ๥ᆮ๗ᆩภ๗ᆩภ ๥๪๙ภ ๥๪๙ภ ๥๪๙ภ๮๥๪๙ภ๮๥ภ๥๪๙ภ ๮๥ภ๮๥๪๙ภ ๥ภ๙ภ๥ภ๮๥ ๥๪๙ภ ๥ภ๮๙ภ๥ภ๮๖๗ภ๙ภ๥ภ๖๗ภ๙ภ๥๴๖๗ภ๖๗ภ๙ภ๴๗๧ภ๴๖๗ภ๴๗๧ภ๖๗ภৄ๗๧ภ๴๗๧ภৄ๖๗ภ๴ৄ๗๧ภৄภ๴๗๧ภৄ๪๚๴ภ ๗๧ภৄ ๪๚๴ภৄ ๪๚๴ภ ๪๚๴ภ๿Ȳ๬ Ȳ ๪๚๴ภ๿Ȳ๬Ȳ๹ภ๿๪๚๴ภ๿๬๹ภ๬Ȳ ๪๚๴ภ๿๹ภ๥ᆩ๹ภ๬Ȳ๿๴๥ᆩ๴๹ภ๬Ȳภ๥ᆩ๿๙ภ๥ᆩ๴๹ภ๬๥๙ภ๴๥ᆩ๴๹ภ๙ภ๴Ȳ๿๙ภ๥ᆩ๴ภȲ๿๷๴๙ภ๥ᆩȲ๿๷ภ๴๣๙ภ๥ᆮ๷๣Ȳ๿๴ภ๙ภᆮ๣๷Ȳ๿ᆮ๴ภᆮภುຉ๷๣Ȳ๿ᆮภುຉ๙๷๣ภುຉ๙ᆮภ๪ภ๣๙๪ᆮภುຉภ๲๗ภ๪๙ುຉ๲๗ภ๪๴๙๲๗ภುຉภ๴๪๙๤๪ภ๲๗ภภ๴๪๤๪ภ ๲๗ภ๧๴๤๪ภᆩ๲๗ภ๧๼๴ᆩภ๤๪ภ๧ᆩ๼ᆩ๧ᆩ๴ᆩ๤๪ภ๼๧ยᆩᆩ ᆩ๤๪ภ๧ย๼ᆩ ᆩย๧๼ᆩภᆩย๧๼ᆩย๧ย       ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๗ᆩภ๧๙ภ๥ᆸ๧ภ௟ᆧภ‫ډ‬ภ ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ˟๪ภ๨๴๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภகภ ๗๸๬ภ๗๹๷ภ˚๿ภ๥๪๙ภ๮๥ภ๥๙ภ๖๗ภ๴๗๧ภৄภ๗๧๙๬ภ๼ᆩ๧ย 242424242424 ึ ๥ᆮภ๗ᆩภ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๤๗ภ๪๚๥ภ๥๙ภ๪ೊᆧภ๪๚ᆸ๹ภৄภ๴๪๥ภ๧ᆩย ื ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๳ງᆧภ๬๿ภ๗ᆩภ๮ᇇ๗ภ๴๥ᆩภ๗ઈ๙ภ๴ࣤງ๷ภ˚๿ภ๬๿๙ภ๗๧๹ภ๴๪๥ภഓຉ๥ภ๛ᆸ๗ย ุ ๴๥ᆩภ๗ᆩภ๬๿๙ภ๤ᆸ๗ภ๷๹ภ๩ᆧภ Ȳ๿๬๹ภ๗‫נ‬๗๹ภ๴๪๥ภ๧ᆩภ๥๙ภ ๬๿๙ภ๤ᆸ๗ภகภৄᆧภ๵๙ภ Ȳ๿๬๹ภ๗‫נ‬๗๹ภ๴๪๥ภ๛ᆸ๗ภ๧ᆩย ¿… ู ๴๥ᆩภ๗ᆩภ๗๵ᆸ๗ภஔภ๴๤๪ภ๹འབྲ๴๿ภུག๹་གภ๖ི་མᆸ๙ཉམ་๹ภ๧ལ๙ภས་ཚ๗ོགᆩภ๬ས་๿ภഁསྡེའງภ๥ི་བ๙ภཅའ་๴‫ك‬๹ภ ཁྲིམས་๬(འཕྲ ๿ภৄภི་๗སྣོནᆩภ๬)๤๴ภ༢༠༠༩ ๥ᆸ๧ภகཅན་ภ མ། ๥๙ภ๥ᆮภৄภ๥๙ภ๚ᆩ๗ภ๖ᆧภȲ๿๬๹ภ๬‫ك‬๧ภ˚๿ภ๮ᇍ๙ภ๗ภ๚ᆩภᆧ๙ภ๼ᆩ๧ภଥ๙ภ๴๤๪ภ๛ᆸ๗ภ๧ᆩย (4) To engage in any lawful business transactions with and for the interest of members and the communities in its area of operation; (5) To enter into division, merger or consolidation, as provided in this Act; (6) To join federation, in the case of primary co-operatives, and to join the union, in the case of federations and special types of co- operatives; (7) To accept and receive grants, donations and assistance from foreign and domestic sources, prior approval is required from the Ministry of Finance. Other requirements include annual report and duly audited financial statements; and (8) To exercise other related powers and responsibilities as granted by this Act or necessary to carry its purposes as stated in its Constitution and By-laws. CHAPTER V Governance of Co-operatives

Article 13: Constitution and By-laws. A co-operative registered under this act shall be governed by its constitution and by-laws. A duly adopted constitution and by-laws must conform to The Co-operative (Amendment) Act of Bhutan, 2009 17 ุ ๴๥ᆩภ๗ᆩภ๬๿๙ภ๤ᆸ๗ภ๷๹ภ๩ᆧภ Ȳ๿๬๹ภ๗‫נ‬๗๹ภ๴๪๥ภ๧ᆩภ๥๙ภ ๬๿๙ภ๤ᆸ๗ภகภৄᆧภ๵๙ภ Ȳ๿๬๹ภ๗‫נ‬๗๹ภ๴๪๥ภ๛ᆸ๗ภ๧ᆩย ู ๴๥ᆩภ๗ᆩภ๗๵ᆸ๗ภஔภ๴๤๪ภ๹๴๿ภ๹ภ๖ᆸ๙๹ภ๧๙ภ๗ᆩภ๬๿ภഁງภ๥๙ภ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๬๤๴ภ๥ᆸ๧ภகภ ๥๙ภ๥ᆮภৄภ๥๙ภ๚ᆩ๗ภ๖ᆧภȲ๿๬๹ภ๬‫ك‬๧ภ˚๿ภ๮ᇍ๙ภ๗ภ๚ᆩภᆧ๙ภ๼ᆩ๧ภଥ๙ภ๴๤๪ภ๛ᆸ๗ภ๧ᆩย ฺ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๧๙ภ๴๪๥ภ๛ᆸ๗ภ๨๴๿ภ๷๬ภக๗๹ภ๥๙ภ๪೫๧ภ๣ᆮภഁງภ๮๧ภ๧๙ภ๴৷๷ภ๧ᆩภ ๥๙ภ๴ຉ๗ภகภ๪ഁ๪ภ๧ᆩภ๵๙ภ๧ภ๗๚ᆩ๗ภ๖ᆧภ๪ഁຉ๬๹ภ๧ᆩภৄภ๴๪๥ภ๛ᆸ๗ภ๧ᆩย ฻ ๴๗ᆸภ๪অ๗๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๼ᆩ๧ภ๨ภ๚ᆩ๧ภ ഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๧๙ภ ๴৷๷ภ๧ᆩภ๥๙ภഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๙ภ๥๬๿๗๹ภ๪๹๷ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ ৄภ๼ᆩ๧ภ๨ภ๚ᆩ๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ௟ງภ๪๴๿ภ๧๙ภகภ๴৷๷ภ๛ᆸ๗๨ภ๧ᆩย ฼ ଳ๷ภ๖๪ภࡲ๿ภ๧๙ภ๗๝ᆩ๹ภ๛ภᆧภ๗ᆩภ๴๤ᆸ๧ภƥ๙๹ภৄภ๷๹ภ ˠຉ๗๹ภᆧ๬ภ๷ᆮ๧ภ๧ᆩภ๥๙ภ๖๹ภ๷ᆮ๧ภ ๴๪๥ภ๧ᆩภ ๲๷ภ๴๥ᆮ๪๹ภ๥๙ภ ๛ภᆧຉ๗๹ภ๴๪๥ภ๧ᆩภৄภ๗ᆩ๹ภ ๮ᇍ๗๹ภഁງ๴๿ภ๬๿ภഁງภ๥๙ภ ๥๨๷ภ๴ࣟຉᆧภ๗ᆸ๙ภ๴๩ᆮ๷ภৄภகภ๩๧ภ๤๪๹ภ๵ᆸ๥ภ๥ᆮภ๴๪๥ภ๪ภ๚ᆩ๧ภ๥̣๷ภ୶๿๹ధ๧ภ๖๗ภ๗ᆩภ  ๗๧๙ภ๪ภ ๥๗ᆸย ๥ᆮภ๧๙ภகภ๷ᆸภ๴๖ᆸᆧภ๗๧๙ภ ೘๧ภઈ๪ภ࠘ภ ๥๷ภ๗ᆸ๗๧๙ภ ๥ย๗ᆸ๨๪๥ᆮภ๥25ภ๥๧๙ภ๗ᆸ๙ภยகภ୶๿๷๥ᆮ๹ᆸภ๴๧ภ๲๖ᆸ๙ภ๿๪ᆧகภଫภ ภ೘๷๪ภᆸ๧ภภ๴๵ઈ๖ᆸᆸ๥ภ࠘ᆧภ๨ภ๷ภ೘๴๿๥๧ภภ ๗ᆸઈ๨ภ ภ࠘๥๷ภ๙ภ๥๗ ๥̣๷ภ๴ࣤງ๷ภ๗๹๷ภ๪୻ຉ๥ภ࠘๷ภ๥๗ᆸ๨๥̣๷ภ ภৄภ๵๙ภ๴ࣤງৄ๷๥๨ภภ๥̣๷ภ ๗๼๴๹๷ภᆩ๧ࣤງย๪๷୻ຉภ๗๥ภ࠘๹๷ภ๷ภ๪๥୻ຉ๗ᆸ๥๨ภ ภ࠘ৄภ๷ภ๵๥๙ภ๗ᆸৄ๨ภৄ๥๨ภภ๵๼ᆩ๙ภ๧ৄย๥๨ภ๼ ฽ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๗ᆩ๹ภ ๗๧๙ภ ฽ ๪ภࣟ๿๧฽ ๪๚๴ภ ภ๵ᆸ๥ Ȳ๬๿๬๿ภ๥๹ภ๪๚๴ภ ๙ภ ๥ᆩȲ๿ภȲ๷๿๗ภᆩ๬๹๣๹ภภᆮ ๴๴ࣤງ ๥ᆩภ๗๧๙ภ๗๷ᆩ๹๪๵ภ ภࣟᆸ๥๿๧ภűภ๗๧๙ภ๵๿ภ๥ᆸ๥๪๙ภภ๪๬ภ ๿ࣟภ๮๿๥๧๥ภภ๙ภ๵๴ᆸ๥Ȳ๿ภ๬๷๿ภ ภ๥๣ᆮภ๙ภ๴๴Ȳ ๥๙ภ๴๗๧ภƥᆧภ๗๲๧ภৄภ ๷๗ภ๷ᆮ๧๥๙ภ๴๤๪ภ ๗๧ภ๛ƥᆸ๥๙ภ๗ᆧภ๨ภ๴๗๬๗๧ภภ๲๧ภ๮ƥ๥ภৄᆧภภ๗ ୶ภ ๲๧ภȲ๷๗ภৄ๿๬๷๹ภᆮ๧๥ภ๴๙ภ๷๗ภȲ๤๪ภ๿๬๷๛ᆮ ᆸ๹ภ๧๗๴๨ภ๬๤๪ภภ๮๛ᆸ๥ภ๗๨ภ க๗๹ภৄภ๧๙ภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸ๨ภ๗க๗๹ภ ๷ภ๛ᆮ๱ৄภ๧๴๙ภ க๗๹ภ ๪๥ภ๷ৄ๗ภৄ๥ภ๷๧ᆮ๥๧ᆮภ๙ภ๵๴ᆸ๷๥ภ๤๪ภ๗ภ๬๿๷๥ৄᆮ๧ภ๗ᆸภ๵๨๴ภ๙ภ๗๤๪ภ๴๷ภ๥๪๥ภ๛๗ᆸᆮ๱๛๨ᆸภภ๗๴๗ย๷ภ ๪๥ภ๛ৄᆮ๱๥ภ๴๥ᆮภ๵๪๥ภᆸ๥ৄ    ๷ᆮ્ภஶภ๨ย ๷ᆮ્ภஶภ๨ย๷ᆮ્ภஶภ๨ย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥๪๙ภುຉ๙ภย๬๝๬ภ๷๹ภ๮๬๝๬ภᇍ๗๹ภ๷ഁ๹ภງ๴๿๮ภ ᇍ๥๗๪๙ภ๹ภഁುງ ຉ๴๙๿ภ ย๥๪๙ภುຉ๙ภย Ȳ๿๬๹ภ๥ᆸ๧ภึุ๨ย୶ภȲ๿๬๹ภ๥๙ภȲ๿Ȳ๿๬๬๹ภ๹ภக๥๗๹ย ᆸ๧Ȳ๿ภึ๬๹ภ๥ ุ๨ย୶ภ ᆸ๧ภึ Ȳ๿๬ ุ๨ย୶ภ ๹ภ๥๙ภȲȲ๿ ๿๬๬๹ภ๹ภ๥க๙ภȲ๿๗๹ย ๬๹ภக๗๹ย ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๤ᆸภ๪๕ᆸ๚๴ภ๥ ๴Ȳ๿๬๪๥ภ๹ภ๪๚๴ภ ˟๴๪ภ๥ᆩภȲ๨๥๿๬๴๿๙ภ๹ภ๴๴Ȳ๿๥ᆩ ๷ภ ภ๥๣ᆮภ๙ภ๷๴๹ภ๤ᆸȲ๿ภ๮๪ᇍ๷๗ภ๕ᆸ๣๹ภᆮ๥ഁ๴ງภ๤ᆸৄภ๪๥ภภ๪๕ᆸ˟๥ᆧ๙ภ๪ภ๴๨๗๴๿ᆩภ๪๥ภภ୶˟๪ภ ๬๝๬ภ ๬๝๬ภ๨๴๿๷ภ๹ภ๬๝๮ Ȳ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๗ᆩ๹ภ ๥๪๙ภ Ȳ๿๬๹ภು๥ຉ๙๙ภภ๴Ȳ๿Ȳ๪๥ภ๿๬๬๹ภ๹ภ๧๥ᆩ க๼๙ภᆩ๧Ȳ๗๹ภ๬ภ๿๬๷ৄ๹ภ๹ภ๗கᆩ๹ภ๗๹ภ๛ภ ๴ৄ๜ᆸภ๥๪๙ภ๗๗ᆩ๹ು๴ภ ຉ๙๪๥ภภ๴๥๪๙ภ ๪๥ภ ๵ᆸ ು๧๨ຉ ᆩภ๙๴๿๼ภ ภᆩ๴๧୶๬ภ๪๥ภภ ๷๧ᆩภ๹ภ๼ᆩ๧๛ภ๬ภ๴๷ ¿‰ Ȳ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๗ภᆧའབྲภ୶Ȳ๿ภུགȲ๬་ག๿๬๹ภི་མ๹ภ๥ཉམ་๴๙ภȲ๿๥ᆩལ๬ภས་๥Ȳ๿๹ภཚ๙ภ๬ོག๥๹ภས་๙ภ๹ᆸསகภྡེའ๧Ȳ๿๗๹ภ ๬ภ๬ధৄ๹ภ๧ภ๗க๖ภᆧ๗ภภ๗๹ภ୶๗ৄȲᆩภ ๿ภ๬๗๿ ภ๹ภᆧภ๴க୶ภ๥ᆩ๗๹ภ ི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། ภȲ๥๿๬๙ภ๹ภৄ๴๥๹ᆸ๙ภภ๥ᆩ๧ภ๥๬ภ๙ภధ๧ภ๹ᆸภ๖๧๗ภ๬๗ ๴ࣤງ๷ภ๵ᆸ๥ภȲ๿๬๹ภக๗๹ภৄภ๥๙ภ๬‫ك‬๧ภ๴ࣤງ๥๷๗ᆸภภ๵๨ᆸ๥๴๿ภภ๴ࣤງȲ๖๿๬ᆧภ๷ภ๹ภ๵ᆸக๥ภȲ๗๹ภ๿๬๝๬ภ ๬ৄ๹ภ๷๥க๙ภ๹ภ๗๹ภ๬๮ᇍ๗ৄ‫ك‬๧ภภ๹ภ๥๥ഁ๙ภງ๗ᆸ๴ภ๬๿ภ๨ƥ๴๿‫ك‬๧ภภ๙๹ภ๖๥ᆧภ๥๗ᆸภ๧๨ภ๥๴๿ภ๙ภ๖ ๬๝๬ภ ᆧภ๷๹ภ๮๬๝๬ᇍ๗ this act, the rules of the MoAF, and other related laws; co-operative values and principles; and accepted morals of Bhutanese society. The governance of co-operative shall aim at improving the quality of life of members and communities. Contents of a Constitution. The constitution articulates the governance of co-operatives in terms of purposes and objectives, relations with government and other parties, and the overall framework of decision-making and management. The constitution includes the following provisions: (1) The name (which must include the word “co-operative”) and the address of the co-operative; (2) The purpose of the co-operative and the common bond of interests of members; (3) The type of co-operative, the scope of business and the area of operation; (4) The overall system of governance: structural arrangement of responsibilities and accountabilities, checks and balances, key elected officials, and reporting system; (5) The names and postal addresses of member-incorporator; (6) The list of names of members of the Board of Directors; and (7) The amount of its share capital and the names and addresses of contributors. The Co-operative (Amendment) Act of Bhutan, 2009 18 ๪๚๴ภ๪๚๴ภ ๪๚๴ภ Ȳ๿Ȳ๬๿ ๿๬Ȳ ๪๚๴ภ๹ภȲ๥ᆩᆧ๴ภ๿๥ᆩ๴Ȳ๬˚ภ๿๥ᆩ๬๙ภ๹ภ๿ภஔ๙ภ๥๴๹ภภৄ๴๙ภȲ๿๥ᆩภ๧ภȲ๿๴๷๥ᆩ๙ภภ๷Ȳ๿๙ภக๥๣ᆮภภ๷๣๙ภ๴ᆮ ᆮภ๣Ȳ๿๴๤ᆸᆮภ๬๝๬ภ ๪๚๴ภ ๹ภ๴ࣟຉ๿๬๹ภ ภȲ๿๷๤ᆸ๪๤ᆸภ๷ภ๤ᆸ๣๪๕ᆸᆮ๪ภ๣๕ᆸ๪๥๷ᆮ๕ᆸภ๥๕ᆸ๤ᆸ๴๥๹ภภภ๥๴๤ᆸ๪๴๮ภ ๥ภภ๴๕ᆸ๪๪๥ภᇍ๗๥ภ˟๕ᆸ๪๥ภ ๹ภ˟๥๪ภ๴ഁ˟˟๪ภ๨ງ๴๴๪ภ๪๥ภ๨๪ภ๿ภ๴๿๨๪๥ภ๴๿๨˟๴๿๴๿๬ภภ˟๪ภ๥๪ภ๨ ๬๝๬ภ ๬๝๬ภ ๴๿๨๬๝๬ภ ๬๝๬ภ ̣๷ภ ๴๿๷˚ภ๷๹ภ๷๿ภ୑๷๹ภ ๬๝๬ภ ๬๝๬ภ ๮ງ๧๹ภภᇍ๹ภ ๮๗๗ᇍ๮๗๷๮๲๿ᇍ๹ภᇍ๗๗๷๹ภภഁ๹ภງ๹ภഁ๮ৄງᇍഁഁภ๗๮ງৄภງᇍภৄ๗๹ภภ๹ภഁᆧ๙ภງᆧ๙ภഁৄງ๗ᆧ๙ภᆩภৄ๗୶ภᆩ๗ภ୶ᆩภᆩᆧ๙ภภ୶ᆧ๙ภ๗ᆩ๗୶ᆩภ୶ภ ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ Ȳ๿ᆧ๙ภȲ๿๬๗๬Ȳ๿ᆩ๹ภภ୶๬๹ภ๥๹ภ๥Ȳ๿๙ภ๙ภ๥Ȳ๿๬๪઩๬ภ ๿๙ภȲ๬๹ภ๿ ๿๬Ȳ๹ภ๥๿๬๹ภ๙ภ๚๥க๹ภᆩ๗๙ภȲக๗๿๗๹ภȲ๬கᆩภ๿๗๹ภ๬ৄ๗๹ภஔภภৄக๗๴ᆩภகৄ๗๹๪๥ภ๹ภภᆩ ภᆩ๗๹๷๹ภᆩ ภৄ๗ภภৄ๗ ๥๪๙ภ๷ภᆩ๗๹ ๥๪๙ภ๥๪๙ภ ๥๪๙ภ ᆮ๧ᆩ๹ ು๴ຉುು๤๪ภຉ๙ຉು๴๙ ๥๪๙ภภຉ ภ๴๥๪๙ภ ๥๴๪๥ภ๗ᆸ๴ು๪๥ภยຉ๪๥ภ๧๙ುᆩ๪๥ภຉ๧๙๼๴ᆩ๧ภᆩᆩ๧ภ๼๧๴ᆩภ๼ᆩ๪๥ภ๧๼ᆩ๬ภ๧ᆩ๪๥ภ๧๬ภ๷ᆩ๬ภ๧๬ภ๷๼ᆩ๹ภ๷ᆩ๷๧๼๹ภᆩ๹ภ๧๬ภ๹ภ๛ภ๬ภ๷๛ภ๴๛ภ๷๹ภ๛ภ๴๜ᆸ๴๹ภ๜ᆸ๗๴๜ᆸ๗๜ᆸ๴๛ภ๗๗๴ภ๛ภ๪๥ภ๴๴๜ᆸ๪๥ภ๗๵๜ᆸ๪๥ภᆸภ๵๥๗๴ᆸภ๵๥๨ᆸ๴ภᆸ๥๪๥ภ๨๴๿ภ๪๥ภ๨๴๿๵୶๴๿ᆸภ୶๥๵ภ ภᆸ୶๥๨ภ๴๿๨ภ๴๿୶ภ୶ภ ภ ๛ภ๴๜ᆸ๗ภ๴๪๥ภ๵ᆸ๥Ȳ๿ภ๨Ȳ๿๬๴๿๬Ȳ๿๹ภภ୶๬๹ภ๥๹ภ๥Ȳ๿๙ภ๙ภ๥Ȳ๿๬ଳ๷ภ๙ภ๬Ȳ๿๹ภȲ๿๬๹ภ๥๗๬Ȳ๿๙ภ๥๹ภઈ๙ภ๬๹ภக๹ภ๥Ȳ๿க๗๹ภ ̣๷ภ Ȳ๿๬க๗๹ภ๬ৄ๗๹ภ๷ภৄக๹ภ๗கৄ๗๥ᆧ๪๙ภ ๹ภภ ภ๗ᆧ๹ภᆧ୶ภৄᆧ୶๴ภȲ୶ภৄ๗๯ᇇ๿ภ୶Ȳภ๬Ȳภ๧๿๗ᆧ๿๬Ȳ๹ภ๬ภ˚ภ๿ᆧ๬୶๹ภ๴๿๹୶๹ภ๴Ȳ๥ᆩภ๴๿๥ᆩȲ๴๬๥ᆩภ๿ ภ๥ᆩ๬๙ภ๹ภ๥๙ภ๥๹ภ๹ᆸ๴๙ภ๙ภ๹ᆸภ๥ᆩ๴๧ภ๹ᆸ๬ภ๥ᆩ๧๹ᆸ๹ᆸ๥ภ๧๙ภ๬ภ๧๙ภ๙ภ๧๬ภధ๬ภ๧๹ᆸ๬ภధ๧ภ๗๹ภధ๹ᆸధ๧ภ๖๧ภ๖๧๮ภ๬ภ๗ภ๖๷ภ๖๗ภ๬ภధ๗ధภᆩ๗ภ๧ภȲ๧ภᆩ๗๿๗๖ᆩȲ๬ᆩภ๿Ȳ๖๗ภ๬Ȳ๿๹ภ๿๬๗ภ๬๹ภகᆩ๹ภ๗Ȳகᆩภ๿க๗๹ภ๬Ȳ๿๗๹ภ๬๗๹ภ ৄภৄக๥ภৄக๥๙ภ๗๹ภ๥๙ภ๗๹ภ๙ภৄภৄ๥ภ๙ภ๥๙ภ ๧ภ๖๗ภ๗ᆩภȲ๿๬๹ภக๗๹ภ๴ࣤງৄ๴ࣤງภ๷๥๴ࣤງภ๷๙ภ๵ᆸ๷๵๥ภᆸ๴ࣤງᆸ๥๵Ȳ๖๗ภภ๴ࣤງᆸ ๿๥๷Ȳ๬ภ๿ ๿๷๬Ȳ๵๹ภ๥๿๙ภᆸ๬๥๹ภ๵கᆸ๥๹ภȲக๬๝๬ภ ๿๗๹ภȲ๬க๿๗๹ภ๬ৄ๗๹ภৄக๷๥ภகৄ๥๙ภ๗๹ภ ๹ภ๙ภ๥๬๙ภ ๗๹ภ ๮๙ภ๬ৄᇍ๗๬๹ภภ‫ك‬๧ภ๬ৄ๥‫ك‬๧ภ ‫ك‬๧ภഁ๙ภ๥‫ك‬๧ภງ๴๥๗ᆸ๙ภ๬๥๿ภ๷๗ᆸ๥๬๨๗ᆸ๹ภภ‫ك‬๧ภ๗ᆸภ๨๴๿๨‫ك‬๧ภഁ๴๿๨๥๖๴๿ງภৄ๴๿ภ๖๗ᆸ๥ᆧภ๖ภ๥๗ᆸ๖ᆧภ๨ᆧภ๙ภᆧภ๴๿๨๗๴๿๖๚ᆩภ๖ᆧภ ๬๝๬ภ ๗ภᆧภ๖ ๬๝๬ภ ๬๝๬ภ๬๝๬ภ ᆧภ ๷๷๹ภ๷๷ˠຉ๹ภ ๬๝๬ภ ๮๹ภ๹ᇍ๹ภ ๬๝๬ภ๮๗ภ๪ᇍ๮๗๷๮೫๧ภ ᇍ๹ภᇍ๗๗๷๹ภഁ๹ภງ๹ภഁ๮๴ງᇍ๿ഁภ๴ഁ๗๮ງƥ๿ ງᇍภ๴๴๗๿๹ภƥภ๿๙๹ภƥഁ๙๹ภງ๴ഁ๥๙๹ภ๿ງᆸ๥๴๧ƥᆸ๿ภ๥๧๥ᆸƥภᆸ๧๙๹ภ๥๙ภ๥๙๹ภ๙ภ๥ᆸ๙ภ๧๥ᆸภ๧๥ภ๙ภ๥๙ภ ๤ᆸ๗ภ๷๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๥̣๷ภ๖๙ภ๗ᆩภ ๥̣๷ภ˚๿ภ๷๗ภ๷ᆮ๧ภ ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภƥ๙๹ภ๥୶ภᆸ๧୶ภ๥ᆸ๥୶ภ๧ᆸ ᆸ๧๙ภ๥๷ᆸ๧๷୶ภ๬ภ๷๬ภ୶ภ๥க๥๪๙ภ ᆸ๧๬ภ๥கᆸ๧๗๹ภ๷கภ๗๹ภು๷๬ภ๗๹ภ ຉ๙๬ภகภ๗க ๴࣡๗ภ ๴࣡๗ภ ๗๹ภ ᆩภȲ๗๹ภ๴࣡๗ภ๿๬๹ภ๗ᆩக๗๬ᆩ ๗๹ภ ๴࣡๗ภ ๬ᆩഁภ๿ ๿ງภ๴࣡๗ภ ᆩ ๿ภ๗ ๬ഁ๴ৄ๿ഁภງ๿ภງ๴ഁ๧ภᆩ๴๿ ງภ๗๿ภ๴๬๧๙ภᆩ๗๹ᆧภ ๿๧๿๬๙ภ๧ഁக๙ภ๿ ງ๙ภக๴ഁக๿ງภக๴๪ภ๧๙ᆸ๿ภ๙ภ๣ᆸ๧๙ᆸ๹๙ᆸ๧ภ๹๙ภ๙ᆸக๷๹ภ๥ภᆮ๹ภக๷๧๙ภภ๷ᆮภ๧๷ᆮ๙ᆸ๵๧ภᆮ ᆸ๹๧๷๗ภ ภ๙ᆸ๵๥ภᆸ๵๹๥๵ᆸ๷๨ภ๥ᆸᆮ๥๷ภ๨๧๷๴๿ภ๨ᆮ๧ᆮ๴๿๨๧๵๴๿ภภ๴ᆸ๴๿ภ๥๵๤๪ภภภᆸ๥๵ภ๨ᆧ๵ภ๴๿๨๵ภᆧ๥ᆧ๪๹ภ๴๿๗ᆸᆧ๪๹ภ๨๵ภ ๪๹ภű๪๹ภภ ๿ű๵ภᆧഓ๿űຉűᆧ๿ഓ๥ภ๿ภ๪๹ภຉഓ๥ຉৄ๪๹ภຉ๥űৄ๷ภ๿ৄű๷ภഓ๿ৄຉ๷ภภ๥ഓৄ๥ຉ ภৄ๥๥๙ภภৄ๥๷ภ๙ภ๙ภ๷ภৄภৄ๥ภ๙ภ๥๙ภ ๵ภᆧ๪๹ภű๿ภഓຉ๥ภৄ๷ภৄ๬‫ك‬๧๬ภ ภ๥๙ภ ത๼ᆩງภ๧๥ย๗ᆸ๨ଳ๷ภภ๼ᆩ๧๗ยઈ๙ภ๬๝๬ภ ๥̣๷ภ๷๷๹ภ๹ภ๥๮๪๙ภᇍ๗๴๹ภ๯ᇇഁ๧ງ๴ภ˚๿ภ๥๿๹๪๙ภ ภ ๬๝๬ภ ುຉ๙ภ๗๷๹ภᆩภ๥๮๬๿ᇍ๗๗๹ภ๹ภഁ૱ງ๴๷ภ๿ภ ๴๥ᆩภ ๗๭ᇍภ๪ᆸภᆧ๙ภ     ๴‫ك‬๹ภ๬๿ภ๥๙ภ๬๿ภഁງภ๴๮ᇍภ๪๴๿ภ๗๧๹ภೲ๙๹ภ๵ᆧภ‫ۑ‬๗ภ28๪๳ຉภ๧ᆩภகภ๪๕ᆸ๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย   26262626 2626 26 ୶ภȲ๿๬๹ภű๿ภ๧๙ภ๥ᆸ๧ย ୶ภȲ๿๬๹ภ๴๥ᆩภ๗ᆩ๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๪๙ภುຉ๙ภ๴๪๥ภ๧ᆩ๴๿ภ๧๙ภகภ๥๗ᆸ๹ภ๥ᆸ๧ภ๥๙ภ ๥๬๿๗๹ภ૱๷ภ๗ઈ๙ภ๥๙ภ୶ภ๩๧ภ๗๲๧ภৄภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ๬‫ك‬๧ภ๴ࣤງ๷ภ๥๙ภ ๥ᆮภ๖ᆧภ๤๗ภ๪๚๥ภ ๥๙ภ๴๯ᇇ๧ภುຉ๙ภ๗ᆩภഓ๿ᆧภ๪๣๙ภஔภ๪๕ᆸ๥ภৄภ๖ภ๗๹๷ภ๴๪๥ภೲຉ๧ภ๥๗ᆸ๨ภ๬ภ๮๥ภ ୶ภȲ๿๬๹ภ๧๙ภகภ ๗๸๬ภ๗๹๷ภ๥ᆸ๧ภ๮๧ภৄภ๵๙ภৄ๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย ึ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬๿๙ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๳ງᆧภ๬๿ภ๗ᆩภ๬๿๙ภ๮ᇇ๗ภ๧๙ภ ๗ภ๚ᆩภ ᆧ๙ภৄ๥ภ๥๗ᆸ๨ภ๵ᆸ๥ภ๬๿ภৄ ๥๙ภ๖ภࣟ๙ภย ื ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥๗ᆸ๹ภ๥ᆸ๧ภ๥๙ภ๴‫ك‬๹ภ๬๿ภഓ๿ภ๤ᆸ๗ภ๗ᆩภ๬๤๴ภ๥ᆸ๧ภ๴๗๧ภ๖๗ย ุ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥ࣟງภ๪ภ๥๙ภ ๮ᇍ๙ภஔภ๗ᆩภ๬‫ډ‬๧ภ๷๬ภ๥๙ภ ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๹๴๿ภ ๹ภ๗๧๹ย ู ഓ๿ᆧภ๪๣๙ภ๥๪๙ภುຉ๙ภ๗ᆩภ๷๬ภக๗๹ภ ๴๗๧ภƥᆧภ๥๙ภ๴Ȳ๿๷ภ๴๗๧ภ˚๿ภ೏๿๗ภ೏๿๗ภ ๪๕ᆸ๥ภ๗ᆸภᆧ๿๬ภ๥๗๗ภ๪๸ᆮᆧภ๥๙ภ๮๥ภ๬๝๬ภ ๴๥ᆮ๬๹ภ๴‫ك‬ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ๴๗ᆸภ๥๨ᆸ๧ภ  ๗๭ᇍภ๚๧ภৄภ๥๙ภ೘๧ภઈ๴๿ภ๗ᆸภᆧ๿๬ภ๷๬ภக๗๹ภৄย  ฺ ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๬๿๙ภ๥๙ภ๴ˠງ๬ภ೏ຉ๬ภ˚๿ภ๖ภࣟ๙ภഁງ๪๹ภ೏๿๗ภ๗ᆩภ๤ᆸภ๥ᆮ๪ย ฻ ๪๕ᆸ๥ภ๮ᇍ๗๹ภ๬๥ᆸภ๛ᆮ๧ภ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๬๿๙ภ๤ᆸภ๥๙ภย 27 ฼ ๬ภ୶ภ๪๗ᆸภ๪๸๴๿ภ๥̣๷ภ๪ഁຉ๬๹ภ๥๙ภ๬ภ୶ภ๪অ๗๹ภ๬๿๴๿ภ๬๿๙ภ๥๙ภ๖ภࣟ๙ภৄย ¿¸  འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། Ȳ๿๬๹ภக๗๹ภৄภ๗ᆩภ๧๙ภ๥ᆸ๧ย Contents of By-laws. The by-laws amplifies the constitution and prescribes in details the internal organization and management of the co-operative. It includes the following provisions: (1) Membership: kinds, qualifications, duties and responsibilities, and termination; (2) General Assembly: powers and Composition and quorum, voting system, Meetings, agenda and minutes of meeting; (3) Board of Directors and Committees: powers and responsibilities, composition and qualifications of members and officials; meetings, agenda and minutes of meetings; (4) Privileges of co-operatives; (5) System of mediation and conciliation of disputes between members; (6) Resource management: capital, property, and funds; accounting and auditing, allocation and distribution of net savings; (7) Other provisions: mode of amendment or revision; commencement; The Co-operative (Amendment) Act of Bhutan, 2009 19 ฼ ๬ภ୶ภ๪๗ᆸภ๪๸๴๿ภ๥̣๷ภ๪ഁຉ๬๹ภ๥๙ภ๬ภ୶ภ๪অ๗๹ภ๬๿๴๿ภ๬๿๙ภ๥๙ภ๖ภࣟ๙ภৄย  Ȳ๿๬๹ภக๗๹ภৄภ๗ᆩภ๧๙ภ๥ᆸ๧ย Ȳ๿๬๹ภக๗๹ภ๴๥ᆩภ๗ᆩ๹ภ ୶ภȲ๿๬๹ภű๿ภ๥ᆸ๧ภ๮๧ภৄภଳ๹ภ๗๹๷ภ๪๳ຉภ๧ᆩภ๥๙ภ ๷๹ภƥ๙๹ภ๧๙ภ๖ᆸ๙๹ภű๿ภ๥ࣟງภ ๪ภ๖ภ๗๹๷ภ๥๙ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๴๯ᇇ๧ภುຉ๙ภೆຉᆧภ๷๹ภ ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภ๼ᆩ๧๬ภ๷๹ภ ๥ᆮภ ๧๙ภ๗๸๬ภ๗๹๷ภ˚๿ภ๥ᆸ๧ภ๮๧ภৄภৄ๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย ึ ๴‫ك‬๹ภ๬๿ภ๥ࣟງภ๪ภ๥๙ภ๸ᆮ๹ภ๮๥ภஔภ๴๗๧ภ๥๙ภ๴๗๧ภƥᆧภ๪๣ᆸ๧ภ๗๣๙ภ๧ᆩย ื ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ ๥๪๙ภ๮๥ภ๥๙ภ๴‫ك‬๹ภ๮ᇍ๗๹ภ๪๳ຉภக๗๹ภ๲๷ภ๴๯ᇍ๬๹ภ๧๙ภ ๴๯ᇍ๬ภ๥๗ᆸภ๨๴๿ภ๴‫ك‬๹ภ๬๿๴๿ภˠ๙๹ภ๮๥ภ ๮ᇍ๗๹ภଳ๧ภ๷๬ภக๗๹ภ ๲๷ภ๴๯ᇍ๬๹ภৄภ ๥๙ภ๲๷ภ๴๯ᇍ๬๹ภű๿ภˠຉ๹ภ๗๲๿ภ๥๙ภˠຉ๹ภ๛ᆸ๥ภৄย ุ ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿ภ๬๥ᆸภ๛ᆮ๧ภ๴‫ك‬๹ภ๬๿ภ๥๙ภ ๮ᇍ๗๹ภϭ๙ภ ๥๪๙ภ๮๥ภ๥๙ภ๴๗๧ภƥᆧภ ๴‫ك‬๹ภ๮ᇍ๗ภ๪๳ຉภக๗๹ภ๥๙ภ ๴‫ك‬๹ภ๬๿๴๿ภ๸ᆮ๹ภ๮๥ภ๵ᆩ๗ภ๮๙ภ๗ᆩภஔภ๗๵ᆸ๗๨ภৄภ๥๙ภ  ๲๷ภ๴๯ᇍ๬ภ๲๷ภ๴๯ᇍ๬๹ภű๿ภˠຉ๹ภ๗๲๿ภ๥๙ภˠຉ๹ภ๛ᆸ๥ภৄย  ู ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๤ᆸ๪ภ๷๬ภᆧ๿๬ภ๨ภৄย ฺ ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๪ᆧภ๧ภ๗ᆩภ୶ຉ๥ภୁຉ๗๹ภৄภ๪೺๬ภ๴ˠ๿๗ภ๥28๙ภ๬‫ك‬๧ภ๴ˠ๿๗๹ภ๪๳ຉภ๧ᆩภ๷๬ภ க๗๹ภৄย ฻ ๴๤ᆸ๧ภƥ๙๹ภ๴๯ᇇ๧ภುຉ๙ภ ๬ภ୶ภ๥๙ภ ଱ภ๥๙ᆸ๹ภ ๬ภ๥̣๷ภৄภ๥๙ภ୶๿๹ภ๪๲๗ภ๤๙๹ภ ๥๙ภ୶๿๹ภ๲๿๪ภଫ๪ภ๤๙๹ภ ๙ᆮ๹ภ๣ᆩ๗ภ๗๹ᆸ๗ภ๴๜ᆸ๗ภ๬ภ๥̣๷ภ˚๿ภ୶๿๹ภ๪๕ᆸ๥ภ๥๙ภ๪๗ᆸภ ๪Ź๬ภଫ๪ภ๧ᆩภৄย ฼ ๥ᆸ๧ภ๮๧ภ๗๲๧ภৄภ ๪ೊᆧภ๪๚ᆸ๹ภ๥๙ภ ๵๙ภ๧ภ ๪ುᆧภ๪๳ຉภ๴๪๥ภ๤๙๹ภ๥๙ภ๴๗ᆸภ ๪অ๗๹ภ๴๪๥ภ๧ᆩภৄย  ๵ᆸ๙๹ภȬ๪ภ๲๷ภ๴๯ᇍ๬๹ย ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภᆧງภᆧງภ๪๲๿๧ภ‫ډ‬ภகภ ৄ๷ภ๬‫ك‬๧ภ˚๿ภ๴‫ك‬๹ภ๬๿ภ๗ภᆧภ๗ᆩ๹ภ๪๳ຉภ ¿·๪๴๿ภ ๛ᆮ๹ภ๬๤ᆸ๴๿ภȲ๿๬๹ภ๪๕ᆸ๥ภ๷๹ภ๮ᇍ๗๹ภའབྲ๵ᆸུག་๙གི་๹ภམཉམ་Ȭ๪ภལ๮ས་ᇍ๗ཚོག๹ภས་๴ས‫ډ‬ภྡེའི་ᆧབཅའ་ງภ๥๗ᆸཁยྲིམས་๵ᆸ(འཕྲ๙๹ภི་སȬྣོན)๪ภ๮༢༠༠༩ ᇍ๗๹ภ๴‫ډ‬๴๿ภ ཅན་མ། ๥๪๙ภ๮๥ภ๥๙ภ๴๗๧ภƥᆧภৄภ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๧๙ภ ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸ๨ภ๥๙ภ೏๿๗ภ๗ᆩภ General Assembly. Every registered co-operative shall have General Assembly as the highest legislative body and composed of all qualified members. The powers and responsibilities of the General Assembly prescribed in the constitution and By-laws. Regular general assembly shall be held in accordance with the By- laws. Unless prescribed in the by-laws, a quorum of a regular or special general assembly shall be simple majority or fifty-one (51%) of all qualified members. Board of Directors. Every registered co-operative shall have a Board of Directors as the policy making body. The powers, duties and accountabilities of the Board and officials shall be prescribed in the constitution and By-laws. The Board shall be composed of a minimum of five and a maximum of fifteen members who are elected directly by the General Assembly. It shall elect from its members the following officials who shall serve for one year and will be eligible for re-election: a chairman, a vice chairman, a secretary and a treasurer. Regular Board meeting shall be held monthly. Special board meetings may be called by the chairman or by majority of its members. Unless prescribed in the By-laws, a quorum of a regular or special meetings shall be simple majority or 51% of the members of the board of Directors. The Co-operative (Amendment) Act of Bhutan, 2009 20 ๪অ๗๹ภ๴๪๥ภ๧ᆩภৄย  ๵ᆸ๙๹ภȬ๪ภ๲๷ภ๴๯ᇍ๬๹ย ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภᆧງภᆧງภ๪๲๿๧ภ‫ډ‬ภகภ ৄ๷ภ๬‫ك‬๧ภ˚๿ภ๴‫ك‬๹ภ๬๿ภ๗ภᆧภ๗ᆩ๹ภ๪๳ຉภ ๪๴๿ภ ๛ᆮ๹ภ๬๤ᆸ๴๿ภȲ๿๬๹ภ๪๕ᆸ๥ภ๷๹ภ๮ᇍ๗๹ภ ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภᆧງภ๥๗ᆸย ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬๴๿ภ ๥๪๙ภ๮๥ภ๥๙ภ๴๗๧ภƥᆧภৄภ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๧๙ภ ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸ๨ภ๥๙ภ೏๿๗ภ๗ᆩภ ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๥ᆮภ ๷ᆸภᆧງᆧภ๤ᆮ๙๹ภᆧງภ๥๙ภ ๥๬๿๗๹ภ๪๹๷ภ˚๿ภ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๥ᆮภ Ȳ๿๬๹ภ Ȳ๿க๗๹ภ ๬๹ภகৄ๗๹ภ ภ๥๙ภৄ๪೫๧ภภ๧๙ภ๣ᆮภ๮๗๹๷ภ ᇍ๗๹ภ๥๪๗ᆸ๕ᆸย๥ภ๴๪๥ภ๵ᆸ๥ภ๧ภ๬ภ๗๣ᆸ๗๹ภ ๥ᆮภ๬๿๧ภ ‫ډ‬๹ภ଱๧ภ๥๙ภ ๥๬๿๗๹ภ๪๹๷ภ Ȳ๿˚๿๬ภ๵๹ภᆸ๙๹ภக๗๹ภ Ȭ๪ภ๮ৄᇍ๗ภ๧๹ภ๙ภ๴‫ډ‬ภ๗๹๷ภ ৄภ๧๙ภ๪๕ᆸȬ๥ภ ๥ภ๴๮๪๥ภ๙ภ๗๵ᆩภᆸ๥๴ภ‫ك‬๹ภ ๧ภ๬ภ๬๗๿ภ๣ᆸ๵๗ᆸ๙๹ภ๹ภ๪ഁຉ๥ᆮ๬ภ๬๹ภ๿๧ภű๿ภ๪‫ډ‬๹ภଳภ๥଱߸ภ๧ภฺ๥ึᆧງ ๙ภ ภ๥๬๿๮๙ภ๗๥๹ภ๗ᆸย๪๹๷ภ ˚๿ภ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภৄภ๧๙ภȬ๥ภ๮๙ภ๗ᆩภ๴‫ك‬๹ภ๬๿ภ๵ᆸ๙๹ภ๪ഁຉ๬๹ภű๿ภ๪29ଳภ๥߸ภฺึᆧງภ๮๙ภ๥๗ᆸย ๬๥ᆸภ๛ᆮ๧ภ๪๕ᆸ๥ภ๮ᇍ๗๹ย ๤ᆸ๬๥ᆸภ๪ภ๕ᆸ๛๥ᆮ๧ภภ๬๪๕ᆸ๝๬ภ๥ภ๮๷ᇍ๗๹ภ๹ย ๮ᇍ๗๹ภഁງภᆧງภᆧງภ๪๲๿๧ภ‫ډ‬ภகภഽ๿๥ภࣛ๹ภ๪๳ຉภ๬๿๴๿ภ๷๹ภ๮ᇍ๗๹ภ๴๪๥ภ๬๥ᆸภ๛ᆮ๧ภ๪๕ᆸ๥ภ ๤ᆸ๮ᇍภ๗๪๹ภ๕ᆸ๥ᆧภ๬ງภ๪๝๬ภ ೆຉ๹๷ภ๥๹ภ๗ᆸย๮๪๕ᆸ ᇍ๗๹ภഁ๥ງภภ๮ᇍ๗ᆧງ๹ภภᆧ๥ງภ๪๙ภ๲๿๵๧ᆩ๗ภ‫ډ‬ภ๮ภக๙ภภ๗ഽ๿ᆩภ๷๥๹ภภࣛ๗๹ภ๵ᆸ๪๗๳ຉ๨ภภ๬ৄ๿๴ภ๿ภ๗๷ᆩภ๥๹ภ๪๙ภ๮ᇍ๗๮๹ภ๥ภ๴๥๪๥ภ ๙ภஔภ๬๥ᆸ๴๗๧ภ ภ๛ᆮ๧๴ภ๪Ȳ๿๕ᆸ๷๥ภภ ๮ᇍ๴๗๧ภ ๗๹ภৄᆧภງภ๪୶ภೆຉ๹Ȳภ๿๬๥๗ᆸ๹ภย๪๕ᆸ ๥๙ภȲ๿๥๬ภ๮๹ภᇍ๗๹ภக๗๹ภ ๥๙ภ๵ৄᆩ๗ภ๧ภ๮๙ภ๙ภ๗๗๹๷ภᆩภ๷๹ภ๪๕ᆸ๗๥๵ᆸภ๴๗๪๥ภ ๨ภৄ๥ภ๗๗ᆸᆩภย๥๪๙ภ๮๥ภ๥๙ภ ஔภ๴๗๧ภ๴Ȳ๿๷ภ ๴๗๧ภ๥ ๮ৄᇍ๗ภ๹ภ୶ภ๴Ȳ๥ᆩ๿๬ภ๹ภ๵ᆸ๥๙๙ภ๹ภȬȲ๿๪ภ๬๮๹ภᇍ๗க๹ภ๗๹ภ๴‫ډ‬ภৄ๗ภ๧ᆩ๹๙ภภ๗๤๥ภ๹๷ภ๕๪ᆧภ๕ᆸ๴๥๥ᆮภ๴๬๪๥ภ๹ภ๴๥‫ك‬ภ๗ᆸย๴๪๥ภ๪๴๿ภ๴‫ك‬๹ภ๬๿ภж๙ภ๸ᆸ๹ภฺ ๪๕ᆸ ๪๕ᆸ ๥๙ภ๥ภ๮๬๙ภᇍ๗๹ภ๸ᆸ๹๴๥ᆩภึภฺ๗ᆩ ๵ᆸ๙ภ๪๹ภ๳ຉȬภ๥๪ภ๗ᆸ๮๨ᇍ๗ภ๼๹ภᆩ๧๴ย๪๕ᆸ ‫ډ‬ภ๗ᆩ๹๥ภภ๮๤๥ภ ᇍ๗๹ภ๕๴ᆧภ๥ᆩ๴ภ๧๥ᆮ๙ภ๬க๹ภภ๴Ȳ๿‫ك‬ภภ๴๴๯ᇇ๪๥ภ๧ภ๚๪ᆩ๗๴๿ภภ๥๴๙ภ‫ك‬๹ภȲ๿๬ภ๴๿ภ๯ᇇж๙ภ๧ภ๴๸ຉ๗ᆸ๹ภ๬ภฺภ ๥๙ภ ๚ᆩ๗ภ‫ې‬๬๙ภ ๙ภ๛ᆮ๧๸ภᆸ๹๗๚ᆩภึฺ๗ᆩ ๗ภ๥๙ภภ๪๳ຉ๗๝ᆮภ๥๗ᆸᆧ๨ภ๨ภ๼ภ๚ᆩ๧ᆩ๗ย๪๕ᆸ ภ๪๕ᆸ๥ภ๥๮ภ๮ᇍ๗ᇍ๗๹ภ๹ภ๥ᆮ๴๴๿ภ๥ᆩ๴ภ๧‫ك‬๹ภ๙ภக๬ภ๿ภৄȲ๿ภ๷ภ๴๹ภ๯ᇇ๧๷ᆸภ๚ภᆧᆩ๗ງภภ๗๥๙ภᆩภ๥ᆸ๧ภȲ๿கภภ๴๴๯ᇇ๥ᆮ๧๬ภ๹ภ๴ຉ๗๴ภ‫ك‬ภ๬ภ ๚ᆩ๗ภ‫ې‬๥๙ภ๗ᆸ๛๨ᆮ๧ภ๬ภ๗ภ๚ᆩ๮๗๥ภภ๥๙ภ‫ډ‬๹ภ ๴๪๥ภ ๗๝ᆮ૱ᆧ๧ภภ๷๨ภᆸภ๚๙ᆩ๗ᆸภ๗ภ๪๚ᆩ๕ᆸ๗๥ภ๗ภ๮ᆩภ๮ᇍ๗๙๬ภ๹ภ๥๥ᆮ๴ภ๿ภ๴๬๿‫ك‬๹ภภ๙ᆸ ๬๥ᆮภ๿ภৄৄภภ๷๷ᆸ๗๹ภೲງภ๴๷ᆸ๥ᆮภᆧ๬ງภ๗๹ภᆩภ๥๴ᆸ๧‫ك‬ภภக๴ภ๴๪๥ภ๥ᆮ๬๥๹ภ๗ᆸ๴ଥ‫ك‬ภ๙ภ ๴๪๥ภ ๴๪๥ภ๥๛๗ᆸᆸ๗๨ยภ๬ภ๮๥ภ ‫ډ‬๹ภ૱๧ภ๷ᆸภ๙ᆸภ๗๚ᆩ๗ภ๗ᆩภ๮๙๬ภ๥ภ ๬๿ภ๙ᆸภ๥ᆮภৄภ๷ᆸ๗ภೲງภ๴๥ᆮ๬๹ภ๴‫ك‬ภ๴๪๥ภ๥๗ᆸภଥ๙ภ ๴๪๥ภ ೏๿๗๹ภ๛űᆸ๗๿ภ๪ย๕ᆸ๥ภ๮ᇍ๗๹ภ๴๥ᆩภ ૅภ๙ᆸภᆧງᆧภ๤ᆮ๙๹ภᆧງภ๴๮ᇍ๗๹ภ๧ᆩภ๥๙ภ ๥๬๿๗๹ภ๪๹๷ภ๪๕ᆸ๥ภ๮ᇍ๗๹ภ๴๥ᆩภȲ๿ภ ೏๿๴๯ᇇ๗๧๹ภ๥ű๙ภ๿ภ๪๕ᆸ๥๵๙ภภ๮ᇍ๗๧ภ๹ภ๴๴‫ك‬๹ภ ๥ᆩภ ๬ૅภ๿ ๬๙๙ภᆸภᆧ๸ງᆧᆸ๹ภ๤ภűᆮ๙๹ภ๿๹ ᆧઈງภภ๴๪ภ๮ᇍ๥๗๙ภ๹ภ๴Ȳ๿๧ᆩภ๷๥ภ๙ภ๣ᆮ๴๮ᇍ๥๬๿ ๗๹ภ๗๛๹ภᆸ๗๪ย๹๷ภ೏๿๗๪๹ภ๕ᆸ๥űภ๮๿ภ๪ᇍ๗๕ᆸ๹ภ๥ ๴๮๥ᆩᇍ๗ภ๹ภȲ๿ภ ๴๯ᇇ ๥๙ภ๧ภ๥๵๙ภ๙ภ๧ภ๵๙ภ  ๥๬๿๧ภ๗๹ภ๴‫ك‬๹ภ ๪๹๷ภ๬˚๿ภ๬๿ภ๪๙ภ๕ᆸ๸๥ᆸ๹ภ๮ภűᇍ๗๿๹๹ภภઈৄภ๪ภ๴ภ๥๯ᇍ๙ภ๬๴๹ภȲ๿๥๷ภภ๣Ȳ๿ᆮภ๴๬๮ᇍ๹ภ๗க๹ภ๗๹ภ ๛ᆸ๗ৄยภ๧೏๿๙ภ๗๗๹ภ๹๷ภű๿ภ๪๪๕ᆸ๕ᆸ๥๥ภ๮ภ๴ᇍ๗๪๥ภ๹ภ ๥๙ภ ๵ᆸ๥ภ๧ภ๵๙ภ ๬ภ๗๧๣ᆸภ๗๹ภ๥๬๿๗๥ᆮ๹ภภ๬๪๿๧๹๷ภ ภ ๴‫ك‬๹ภ˚๿ภ๪๕ᆸ๬๥๿๴ภ๿ภ๮ˠᇍ๗๙๹ภ๹ภৄ๴ภ๪ᆸ๴ᆧ๯ᇍภ๬๬๙ภ๹ภж๥๙ภภ๗Ȳ๿ᆩภ๮๬๥ภ๹ภ๗க๲๿๗๹ภ ภ๥๗ᆸৄ๨ภภ๧๼๙ภᆩ๧๗๬ภ๹๷ภ ๷๹ภ๪๕ᆸж๙ภ ๥ภ๴๸๪๥ภᆸ๹ภ ᆧ๙ภ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿ภ๴‫ك‬๹ภ๬๿ภࡲງ๥ภ๕ภ๷๹ภ๬๿ภ๗๚ᆩ๗ภ๗ᆩภధ๗๨ภ๚ᆩ๗ภ๥๗ᆸย ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๴འབྲ๯ᇇུག๧་ ภགི་ುམຉ๙ภཉམ་๨ภལ๚ᆩས་๗ཚภ ོ๥ག๙ภས་སྡེའི་བ๷๹ภཅའ་3030๗ཁྲིམ๵ᆸས་๗(ภ๨འཕྲภ ིৄ་སภ ྣོ๬ན)๝๬ภ๷ ¡º ༢༠༠༩๹ภ๮ᇍཅན་๗ མ๹ภ། ഁງ๴๿ภஔภ๗ᆩภ๬๙ภж๙ภ๥๙ภ๬ภ๥̣๷ภ˚๿ภ஺ຉ๗๹ภ˟๪ภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ๪ೆຉภ๪๲๗ภ๴๪๥ภ๛ᆸ๗ย The Board may appoint a manager and staff depending on the volume of business and financial capacity of the co-operative. Committee. Every registered co-operative shall have a finance and audit committee and election committee with three members each who are elected directly by the General Assembly and to serve for a term of two consecutive years with re-election. Co-operatives engaged in the business of loans shall include a credit committee with three members who are elected directly by the General Assembly and shall serve for a term of two consecutive years with re-election. Co-operative engaged in the supply and marketing of goods shall include, as part of the functions of the audit committee, the functions of inventory of goods. An education and training committee shall be established by the Board of Directors, chaired by the vice-chairperson of the Board. The Board shall appoint qualified members from the co-operative. The functions and responsibilities of these committee shall be prescribed in the constitution and By-laws. The Co-operative (Amendment) Act of Bhutan, 2009 21 ๵ᆸ๥ภ๧ภ๬ภ๗๣ᆸ๗๹ภ๥ᆮภ๬๿๧ภ ๴‫ك‬๹ภ๬๿๴๿ภˠ๙๹ภ๴๪ᆸᆧภ๬๙ภж๙ภ๗ᆩภ๮๥ภ๗๲๿ภ๥๗ᆸ๨ภ๼ᆩ๧๬ภ๷๹ภж๙ภ๸ᆸ๹ภ ᆧ๙ภ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿ภ๴‫ك‬๹ภ๬๿ภࡲງ๥ภ๕ภ๷๹ภ๬๿ภ๗๚ᆩ๗ภ๗ᆩภధ๗๨ภ๚ᆩ๗ภ๥๗ᆸย ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๴๯ᇇ๧ภುຉ๙ภ๨ภ๚ᆩ๗ภ๥๙ภ ๷๹ภ๗๵ᆸ๗ภ๨ภৄภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภ ഁງ๴๿ภஔภ๗ᆩภ๬๙ภж๙ภ๥๙ภ๬ภ๥̣๷ภ˚๿ภ஺ຉ๗๹ภ˟๪ภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ๪ೆຉภ๪๲๗ภ๴๪๥ภ๛ᆸ๗ย  ๮ᇍ๗๹ภϭ๙ภৄย ๤ᆸภ๪๕ᆸ๥ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภᆧງภᆧງภகภ ๴‫ك‬๹ภ๬๿ภุ ᆧງภ๴๪๥ภ๬๿ภ๗ᆩภ๥̣๷ภ๴ࣤງ๷ภ๥๙ภ୶๿๹ภ๲๿๪ภ๴๥ᆮ๬๹ภ ๴‫ك‬๴๿ภ๮ᇍ๗๹ภϭ๙ภᆧງภ๥๗ᆸย ๴‫ك‬๹ภ๬๿ภ๥ᆮภৄภ๵๙ภ๗ภᆧภ ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๗ᆩ๹ภ๤๥ภ๕ᆧภ‫ډ‬ภ๴๥ᆮ๬๹ภ ๴‫ك‬ภ๴๪๥ภ๴๪๥๱ภ๼ᆩ๧ภ๥๗ᆸ๨ภ๬ภ๮๥ภ ๥ᆮภৄภ๗ᆩภ‫ډ‬๹ภ૱๧ภ๵๙ภ ๷ᆸภ๴๖ᆸᆧภืᆧງภ๥๙ภ ‫ډ‬๹ภ૱๧ภ๮๙๬ภ๥ภ ๷ᆸ๗ภೲງภ๪ುᆧภ๴‫ك‬ภ๴๪๥ภ๛ᆸ๗๨ภ๴๪๥ภ๼ᆩ๧ย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๴๥ᆩภ ๪ು๿๧ภ๴˟๷ภ๗๣๙ภ๬๿ภ๗ᆩภஔภ๴๪๥ภ๬๿ภ๚ᆩ๗ภ๼ᆩ๧ภ๨ภ๚ᆩ๧ภ ๴‫ك‬๹ภ๬๿ภุ ๵ᆸ๥ภ๬๿ภ ๗ᆩภ๪ು๿๧ภ๴˟๷ภ๮ᇍ๗๹ภϭ๙ภ๚ᆩ๗ภ๪অ๗๹ภ๥๗ᆸ๨ภ๥๙ภ ๥ᆮ๴๿ภ๴‫ك‬๹ภ๬๿ภৄภ๵๙ภ ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๗ᆩ๹ภ ๤๥ภ๕ᆧภ‫ډ‬ภ ๷ᆸภ๙ᆸภ๗๝ᆩ๹ภű๿ภ๥ᆸ๧ภகภ๥๙ภ ๷ᆸ๗ภೲງภ๪ುᆧภ๴‫ك‬ภ๴๪๥ภ๛ᆸ๗๨ภ๴๪๥ภ๴‫ك‬ภ๥๗ᆸ๨ภ๼ᆩ๧ย๬๝๬ภ ๷๹ภ๮ᇍ๗๹ภഁງภ๴๥ᆩภ๚ภ๥๙ᆸ๹ภ๬๖ᆸภഖຉ๥ภ๥๙ภ๮ᇍ๙ภೊᆧภ๴๤๪ภ๬๿ภ๚ᆩ๗ภ๼ᆩ๧ภ๨ภ๚ᆩ๧ภ୶๿๹ภ๲๿๪ภ๮ᇍ๗๹ภϭ๙ภ๗ᆩภ ஔภ๗๵ᆸ๗ภˠ๙๹ภಸภ๥๙ภ๚ภ๥๙ᆸ๹ภ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸ๨ภ๵๙ภৄ๥ภ๥๗ᆸย ๸ᆮ๹ภ๵ᆸ๧ภ๥๙ภഠຉ๙ภ๪୛ᆧภ๮ᇍ๗๹ภϭ๙ภ๴๥ᆩภ๬๥ᆸภ๛ᆮ๧ภ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿ภȲ๿ภ๴๯ᇇ๧ภ๴ຉ๗ภ๬ภ๗ᆩ๹ภȲ๿ภ๴๯ᇇ๧ภ๴ຉ๗ภகภ ๴๪๥ภ  ๗๲๿ภ๪অ๗๹ภ๴๪๥ภ๥๗ᆸ๨ภ๥๙ภ ๮ᇍ๗๹ภϭ๙ภ๗ᆩภ๴‫ك‬๹ภ๬๿ภৄภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๴‫ك‬๹ภ๬๿ภৄภ ๷๹ภৄ๷ภ๬‫ك‬๧ภ˚๿ภ๬๿ภ๙ᆸภৄภ๴‫ك‬ภೲງภ๪অ๗๹ภ๥๗ᆸย 31 ๮ᇍ๗๹ภϭ๙ภ๥ᆮภৄภ๗ᆩภஔภ๗๵ᆸ๗ภ๥๙ภ ๴๗๧ภƥᆧภৄภ ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๧๙ภ ๗๹๷ภ๪๕ᆸ๥ภ ๴๪๥ภ๥๗ᆸย  Ȳ๿๬๹ภ๥ᆸ๧ภึู๨ย๬๥ᆸภ๛ᆮ๧ภৄภ๥๙ภ๵ᆩ๗ภ๮๙ภ๗ᆩภஔภ๗๵ᆸ๗ภ๮ᇍ๗๹ภϭ๙ภ๗ᆩภ๴‫ك‬๹ภ๬๿ภৄภ๥๙ภ๴๯ᇇ๧ภುຉ๙ภ ¡¿ ๨ภ๗ᆩภ๴Ȳ๿ภ๪ย འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ།

Article 14: Liability of directors, officials, committee members and manager. Directors, officials and committee members, who wilfully and knowingly vote for or assent to patently unlawful acts or who are guilty of gross negligence or bad faith or acquire any personal or pecuniary interest in conflict with their duty shall be liable jointly and individually for all the damages resulting there from to the co-operative, members and other persons. The Ministry of Agricultue and Forests together with the co-operative Sector shall issue the code of conduct of, including the penalties for violations by, directors, officials, committee members and managers of co-operatives.

Article 15: Termination of membership A member may be terminated on any of the following reasons; (1) Withdrawal of membership by giving thirty days notice to the board of Directors; (2) Death or insanity, in the case of natural person, and insolvency or dissolution, in the case of juridical persons; and The Co-operative (Amendment) Act of Bhutan, 2009 22 ๴๪๥ภ๥๗ᆸย  Ȳ๿๬๹ภ๥ᆸ๧ภึู๨ย๬๥ᆸภ๛ᆮ๧ภৄภ๥๙ภ๵ᆩ๗ภ๮๙ภ๗ᆩภஔภ๗๵ᆸ๗ภ๮ᇍ๗๹ภϭ๙ภ๗ᆩภ๴‫ك‬๹ภ๬๿ภৄภ๥๙ภ๴๯ᇇ๧ภುຉ๙ภ ๨ภ๗ᆩภ๴Ȳ๿ภ๪ย ๬๥ᆸภ๛ᆮ๧ภৄภ๥๙ภ ๵ᆩ๗ภ ๮๙ภ๗ᆩภஔภ๗๵ᆸ๗๨ภৄภ๥๙ภ ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩ๹ภ ๸ᆮ๹ภ๪๲๿๧ภ๬๤ᆸ๙ภ๪๲๿๧ภ ‫ډ‬ภ๥๙ภ ๥๙ภ๴๥ᆸ๥ภű๿๹ภ๤ᆸ๗ภ๷๹ภ ๛ᆮ๥ภ๬๙๗๹ภ๮ᇍ๗๹ภଳ๧ภ๪অ๗๹ภ๵ᆸ๥ภ๨ภ๥๙ภ ๵๙ภ๧ภ ๖ภ ๴๛๬ภ˚๿ภ๤ᆸ๗ภ๷๹ภ ๪๥๗ภ๴๗๧ภ๪๕๷ภ๵ᆸ๥ภ๬๿ภ ๭๙ภ๭ภᆧ๙ภ๼ᆩ๧๬ภ๷๹ภ ๖ᆸ๙ภ๛ภȬ๪ภű๿๹ภ ๷ภ๖๙ภย Ȳ๿๬๹ภ๴๗๷ภ˚๿ภஔภ๴๪๥ภ๵ᆸ๥๨ภ ๵๙ภ๧ภ ஔภ๴๗๧ภഎ๙ภ๬ງ๥ภ๪๲๗ภೲງภ ๴‫ك‬๹ภ๸ᆸᆧภࣛ๙ภ๪ภ ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๙ภ ഓ๿ภ๬‫ك‬๧ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ ๹ภ๮ᇍ๗๹ภഁງภৄภகภ ๥̣๷ภ๵๙ภ ๴ࣤງ๷๧ภภஔภ๗๤ภᆩภ๲๥๪๹ภ ๬ภ๮๣ᇇ๗ᆸ๗ภภ๥๬ᆸ๧ภ๪ภ ೲງ๧ภ๨ᆧภ๥๙ภ ஔภ๴๗๧ภ๧๙ภகภ ᆧ๙ภ๴๥ᆸ๥ภ๪๭ᇍ๙ภ๵ᆸ๥๨ภ๥๙ภ ๵๙ภ ๗๹ภഁງ๴๿ภ๥̣๷ภ๖๙ภ๚ᆩ๗ภ๪অ๗๹ภ ๧ภ ଱ภ๣ᆮ ๥̣๷ภ ๥ᆮภ๗ᆩ๹๳ภภ๪๴๿๥๨๷ภ ภ ୶ຉ๥ภୁຉ๗๹ภৄภகภ๪୑ງ๧ภ๣ᆮภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๙ภ ๴‫ك‬๹ภ๬๿ภৄภ๥๙ภ கภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁ๬๿ງ๴ภภ๗๲๧ภ ๬ภ๥க̣๷ภภ ˚଴๥ภ ๿ภ୑ງ๧๴ภ๗‫ك‬๹ภ ๲๿ภ ഖຉ๥ภ๥๗ᆸ๨ภᆧງภ๴ࣛ๙ภ๨ภ๚ᆩ๧ภภ๥ᆮภৄภ๗ᆩภ๴Ȳ๿ภ๪ภ๥ᆮภ ๬๿ภᆧງภᆧງภ๪๲๿๧ภ‫ډ‬ภ๥๙ภ ๴๪๥ภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸย๵๙ภ ๹ᆸภ๧๧๬ภధ๬๝๬ภ ๧ภ๖๗ภ๪๗ഁຉᆩ๹๬ภ๹ภ๬๝๬ภ ๤ᆸ๗ภக๷ภ๩๹ภᆸ๗๮ยᇍ๗๹ภഁງ๴๿ภ ๷๹ภഁງภৄภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ๴๯ᇍ๬๹ภ๣ᆮภ ๬๝๬ภ ๷๹ภ๥๪๙ภ๴๯ᇇ๧ภ˚๿๹ภ ๷๹ภ ๹ᆸภ๧๹ᆸ๬ภภ๮๬ภ๧๥ᇍ๹ᆸ๗ధ๙ภภ๬ภ๹ᆸ๧๹ภ๧ధ๹ᆸ๧๬ภ๖ഁ๗๹ภງ๧ภ๹ᆸ๬ภ๧ధ๴๗ภ๿๖ధ๬ภ๧๮ภ๗๬๗ภ๷ภᆩ ᆩ๧ภ๖ధ๬ภ๥ᆸ๹๗ధภ๖ภ๧ภᆩ๛๹๧ภᆮ๗ภ๖๧ᆩภ๗๹ภ๖ৄᆩ๬๝๬ภภ๹๗ภ๥ᆩ๬๝๬ภ ๹๗๙ภ๷ᆩ๹ ๬๝๬ภ ๬๝๬ภ ๹ภภ๷ ๮๹ภᇍ ᇍ๷ ๬๝๬ภ๬๝๬ภᇍ๹ภ๗๷๹ภ๮ഁ๮ᇍ๹ภງ ງ๗๷๮๹ภ๴ᇍ๙ภ๿ഁ๿๗๹ภ๮ງ๗ᇍ๴ᆩ๹ภ๗ภഁ๮๿ ງᇍஔ๴ഁ๹ภ๗๷๹ภ๿ງ๗๴ഁ๹ภ๿ ງ๷๹ภഁ๵ᆸ๴ງഁງ ๿ ງ๗ৄ๷๹ภ๴ഁภ ๿ภງ๷๹ภ๥ৄഁ๙ภ ๗๵ᆩ๮๷๹ภ ๷๹ภງഁ๥ৄ๗ງ๷๹ภภ๙ภ๮ᇍഁৄ๚ᆩ๥ງ๗ഁ๗ৄ๙ภ๥ງ๚ᆩ๹ภภ๙ภ๗ৄ๥๖๗ภϭ๚ᆩ๗๙ภภᆧภ๥๖๙ภ๗๚ᆩ๙ภ๴ᆧภ๗๚ᆩ๖๯ᇍ๗ภ๴๗๖ᆧภ๚ᆩ๬๯ᇍᆧภ๗๖๴๹ภ‫ك‬๹ภ๬๯ᇍ๴ᆧภ๖๣ᆮ๹ภᆮภ๯ᇍ๬๴ᆧภ๿๣๬๯ᇍ๹ภᆮ๴ภৄภ๬๹ภ๣๯ᇍᆮ๬๝๬ภ ๥๣๹ภᆮ๙ภ๬๝๬ภ ๣๹ภᆮ ๣ ๬๝๬ภᆮภ๬๝๬ภ ๬๝๬ภ๬๝๬ภ ๷๹ภ๗๮ภᇍ๗๖๹ภᆧภഁ๴ງ๴๯ᇍ๿ภ๷๬๹ภ๹ภഁ๣ງภৄᆮภภ๥๷๹ภ ๙ภ๗๷๹ภ ๚ᆩ๧๮๗ುᇍ ᇍ๗๷๹ภ ภ๖๮ຉ๙ᆧภᇍ๹ภ ᇍ๹ภৄງ ງ๗๮๴ˠຉᇍ๷๹ภ๿ഁภ๿๗๮๹ງ๬ᇍ๴๹ภ๗ഁᆩ๹ภ๪๿๮๥ᆸງᇍภ๬๴ഁ๹ภ๗೫๧ภ 32 ๗๚ᆩ ๬๝๬ภ ๴๯ᇇ ๷๹ภ๗๨๮ഁ๷๹ภ ๛๿ງ๥ᆸᆮ ᆮ๴ഁ๹ภ๬๧ৄ๷ภ ๿ ງ๛ภ๴๥ᆸ๬ഁᆮৄ๿ภງ๧ภ๥ᆸ๴๛๬ภ๥ภ๬๿ᆮৄ๧๥ᆸ๛๬๙ภภ๿ᆮ๥๧ৄᆸ๛ภ๷ᆮภ๙ภ๧ৄ๛๥ภ๹ภᆮ๧ৄ๙ภ๥๵ᆩ๙ภ๴ৄ๥๗ภ๙ภ๵ᆩ๥๷ภ๮๙ภ๗๵ᆩ๙ภ๪๮๵ᆩ๗๗๴๿ภᆩ๙ภภᆩ๗๵ᆩ๮ஔ๝ภ๗๮ᆮ๹ภ๙ภ๵ᆩᆩ๗ஔ๙ภ๗๮ภࣟᆩ๵ᆸ๗๙ภ๮ஔภ ᆩ๗ภ๗๵ᆸภ๙ภஔ๗ᆩ ᆧᆩภ๗ஔ๗๵ᆸ๿๬ภᆩ ภஔ๵ᆸ๗ภ๨ภ๮ᇍ๗๵ᆸภৄภ๗๵ᆸ๮ᇍภภ๹ภ๗๮ᇍภϭ๗ภ๹ภ๗๮ᇍ๙ภᆧϭ๗๹ภ๮ᇍ๗ᆩ๙ภภᆩ๹ภ๗ϭ๮ᇍ๴ৄ๗๹ภϭ๙ภ๥ภᆩ ๴‫ك‬๹ภ๙ภ๗๹ภϭ๨ᆩ๗๙ภϭ๴‫ك‬๹ภᆩ๬๿ภ๿๗๿๴๙ภ೏ᆩৄ ‫ك‬๹ภ๬๗๴๿๗ภ๿ ᆩ‫ك‬๹ภ๥ৄ๴๬๹ภ๙ภ ‫ك‬๹ภ๿๬๥ৄ๿‫ك‬๹ภภ๙ภ๬ৄ๥๿ ภ๬ৄ๙ภ๥๿๙ภৄ๥ภ๙ภ๥๙ภ ๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๥̣๷ภ๖๙ภ๗ᆩภ ๥̣๷ภ˚๿ภ๷๗ภ๷ᆮ๧ภ ᆩภ๴‫ك‬๹ภ๪๣ᆸ๬๧ภ๿ภ๥ৄȲ๿๙ภภ๴๯ᇇ๥๬๙ภ๧๴๯ᇇ๹ภ๷๗ภภುű๧๴๯ᇇຉ ຉ๙๿ ๷ภ๴๯ᇇ๷ภು๧๨ᆮ๧๬ภຉ ภ๙๴๯ᇇภ๧ುภ๴ภৄภகຉ๨๴๯ᇇ๤๪ภ ๮ᇍภக๗๗๹ภ๹ภϭৄภ๙ภ๗๗๹ᆧภ ภ๙๧ುภภ๗๹ภ ຉ๗ৄ๙ᆩ๨๧ುᆩ ภ๹๥ຉ๨๙๗ภৄು๗ᆸᆩภຉภ๹๨๙ৄ๗๨ภภᆩ๨ৄ๗๹ภ๷ภᆩภ๹ৄ๗ᆩ๷ภ๬๹๗๿ᆧภ๿ᆩ๧๹ ৄ๷ภภ๬๪ภ ๿๷ৄ๷ภ๧๣ᆸ๬๹ภ ৄ๷ภ๿๧๬๴๴๿ৄ๷ภ๹ภ๧๬๪๥ภ ๿๴๗๷ภ๧๬๹ภ๿๧๷๹ภ๴๗๷ภ๪๥๴๷๹ภ๗ᆸ๿๗๷ภ๪ยภ๴๹ภ๝๗๷ภ ᆮ๴๿ᆮ๹๪๴ภ๗๷ภ๝ภ๴๿๪ᆮࣟ๹๗๷ภภ๴๿๝๪ภ๗ᆮࣟᆩ๹ภᆩ๝๴๿๪ภᆮภᆧ๗๹๿ࣟ๝๴๿๿ ᆩภᆮ๬๹ࣟᆧภ๝๗๿ᆮภ๨ᆩภ๬๹ࣟ๗ภᆧภᆩৄ๿๨ࣟ๗ᆧ๬ภภᆩ๿ภ๬ৄ๗ᆧ๨ᆩ๿ภ๬๨ᆧ๗ภৄ๿ ภ๬๨ᆧৄ๗ภภ๙ภ๨ৄᆧภ๗ภৄ๙ภ๗ภᆧ๥ภৄᆧ๗ภ๙ภ๨๥ภ๙ภৄ๴๿ᆧ๗ภ๨ৄ๥ภ๙ภᆧ೏๴๿๥ภ๨ৄ๙ภ๗೏๴๿๨๥ภৄ๹ภ๗๴๿๨೏๥ภ๿๹ภ๴๿๗೏๨๿ภ๗๴๿๹ภ೏๿๹ภ๗೏๿๹ภ๗๹ภ ๨ภ๥̣๷ภ ৄภ๷๗ภ๹ภᆧ๥๪๙ภ๙ภৄ๴๥ภ๯ᇇ๨๧๴๿ภ˚ภ೏๿๹Ȳ๿ภ๿๗๬Ȳ๿๹ภ๹ภ๬๝๬ภ ๬Ȳ๿ű๹ภ๿ ๿Ȳ๿๬๷๷ű๬Ȳ๿๹ภ๬ภ๹ภ๬๷๹ภȲ๿ű๮๿ภக๬ű๹ภ๷ᇍ๗๿ ű๹ภக๷ ๗๹ภ๬ภ๹ภ๿ ű๷๬ภഁக๿๗๹ภৄງ๴๷๬ภக๗๹ภ ๿ ৄ๬ภக๗๹ภகৄ ๗๹ᆧภ ๗๹ภภৄ๗๹ภ ๗๹ᆧภ ৄ๪ৄ๣ᆸ ๗๹ᆧภ ๗๹ᆧภ ภ๪๧ ๗๹ᆧภ ๣ᆸ๴๪ ๗๹ᆧภ๥ภ๴๧๣ᆸ๪๧๥๴๥ภ๣ᆸ๪ภ๗ᆸ๧๴๣ᆸ๥๪๥ภยภ๧๴๗ᆸ๪๥ภภย๴๪๥ภ๗ᆸย๪๥ภ๗ᆸย๗ᆸ๥ย๗ᆸย ๧๣ᆸภ๪ Ȳ๿๬๹ภ๥ᆸ๧ภึ28ฺ๨ย๴‫ك‬๹ภ  ๬๿ภ๷๹ภ๥๗ᆸ๙๹ภ๴ˠຉ๷ภ๗๣๙ภ๤๙๹ย Ȳ๿๴‫ك‬๹ภ ๬Ȳ๿๹ภ๬Ȳ๿๬๥ᆸ๹ภ๿ภᆸȲ๿๬๧๗ภ๥๬ึȲ๿๹ภภᆸ๧ᆧ๬๹ภ๥ภȲ๿๴ᆸึ๧๥๬๹ภ๪๥ภ ฺ๨ย๴‫ك‬๹ภ ฺ๨ย๴‫ك‬๹ภ ᆸ๧ึ๥๹ภᆸ ฺ๨ย๴‫ك‬๹ภ ึ๧๥ଥภᆸึ๧ ฺ๨ย๴‫ك‬๹ภ ๙ภภึ ฺ๨ย๴‫ك‬๹ภ ฺ๨ย๴‫ك‬๹ภ ๬๗๸๬ภ ๿๿ ๷๬๿ ๹ภ๷๬๗๿๥ภ๬๷๹๷ภ ๗ᆸ๿ ๥๬๷๙๹ภ๿๗ᆸ๬๷๹ภ๥˚๿๙๗ᆸ๥๴๷๹ภ๿ภ๹ภ଱๙๗ᆸˠຉ๥๹ภ๴๬๙๹ภ๷๗ᆸ๥ˠຉ๮๧ภ ภ๹ภ๙๴๗ᆸ๷ˠຉ๴๹ภ๙๣๙ภ๗ˠຉ๷๴๹ภ๙ภ๷ˠຉ๤๴๗๣๙ภଥภ๷ˠຉ๗๤๣๙ภภ๙๹ย ๷๗๣๙ภ๚ภ๤๗ ๙๹ย ๣๙ภᆩ๗๤๣๙ภ ๙๹ย ๴๤๙๹ย ๤๙๹ย ࣛ๙ภ ๙๹ย ๨ภ๚ᆩ๧ภ ๥๗ᆸ๙๹ภ๴ˠຉ๷ภ๗๣๙ภ ๛ᆸ๗ ๴‫ك‬๹ภย ๴‫ك‬๹ภ๬๿ ๿๴‫ك‬๹ภ ๴‫ك‬๹ภ ๗๬ ภ๿ᆧ๗ ๴‫ك‬๹ภ ๬๿ภ๴๬ᆧ ๴‫ك‬๹ภ ๗๿ ภ๬๪๥ภ๗๴ᆧ๿ ๬๗ᆧଥ๴๪๥ภ๿ภ๗ᆧ๴๙ภ๪๥ภଥᆧ๴๪๥ภ๙ภଥ๴๪๥ภଥ๙ภ ๗๸๬ภ ๪๥ภ๙ภଥ ๗๸๬ภ ๙ภଥ๗๙ภ๸๬ภ๗๹๷ภ ๗๸๬ภ๗๸๬ภ  ๹๷ภ˚๿๗๿๸๬ภ ๹๷ภ˚๗ภ๿๹๷ภ๬଱๗˚๹๷ภ๿ภ˚๮๧ภ๬଱๿๹๷ภ˚଱๬๗๮๧ภ๿˚଱๬๙ภ๿๮๧ภ๗଱๬ଥ๮๧ภ๙ภ๗๙ภ๬๮๧ภଥ๗๙ภ๚ᆩ๙ภ๮๧ภᆩ๙ภଥ๗๚ଥ๙ภᆩ๗๴๗๙ภ๚ଥᆩࣛ๙ภ๴๗๚ଥᆩ๗๚๨๴ࣛ๙ภ๙ภᆩ๗๴๚ࣛ๙ภภ๨ᆩᆩ ᆩ๗๧๴ࣛ๙ภภ๚๨ᆩ๴ࣛ๙ภ๧๨๚ภ ᆩࣛ๙ภ๥๗ᆸ๧๨๚ᆩ๧๨๚๙๥๗ᆸภᆩ๧๹ภ๚ᆩ๙๥๗ᆸ๧๴ภ๹ภ๥๗ᆸ๙ˠຉ๴๥๗ᆸ๙๹ภ๷ˠຉภ๥๗ᆸ๹ภ๙๴๷ˠຉ๴๹ภ๙๣๙ภ๗ˠຉ๷๴๹ภ๷ˠຉ๴๗๣๙ภภ๷ˠຉ๗๣๙ภภ๷๗๣๙ภภ๗๣๙ภ๣๙ภ ଱ ๨ภ๚ᆩ๧ภ ๥๗ᆸ๙ึ ย๛ᆸ๣๙ภ๗ย๛ᆸ๗ย๬ย๿๴๿ภ˚๹ภ๖ภ๷๹ภ๴๤ᆸ๧ภ๧ᆩภ๥ᆸ๧ภகภ ๪๕ᆸ๥ภ๮ᇍ๗๹ภ๬๥ᆸภ๛ᆮ๧ภৄภகภ ๝ᆩ๧๬ภุี ๗ᆩภ೓ภ๗ᆸ๙ภ ๛ᆸ๹ภ๗๴๛ᆸยˠຉ๗๛ᆸ๷ย๗๛ᆸภ๗๴‫ك‬๹ภ ึึึึ๷๹ภ ๴‫ك‬๹ภ ึ ๴‫ك‬๹ภ๬୛ภ๿ ๿๴‫ك‬๹ภ ึ๪ ๴๪๿๬ภ๿‫ك‬๹ภ๿˚๴಻๷ภ ๴‫ك‬๹ภ ๬๿๹ภ๿˚๴๬ ๴‫ك‬๹ภ ๵๿๖๿ ᆩภ๴๬˚๿ɏ๿๷๖๴ภ˚๬๹ภ๿ ๿๚๹ภ๴๷ᆩ˚๹ภ๖๿๗๴ภ๹ภ๖˚๷๤ᆸ࠘๴๖๹ภ๷๧ภ๤ᆸ๖๷๹ภ๧๴๵๧ᆩ ᆩภᆸ๤ᆸภ๴๷๹ภ๥ᆸ๧ᆸ๤ᆸ๧ᆩภ๴๹ภ๨๥๧๤ᆸᆸக๴ภᆩย๧ภ๧๥๤ᆸᆩภக๧๥ภᆸᆩภ๧க๥๪๕ᆸภᆸᆩภ๧க๥ภᆸ๥๪๕ᆸภ๧கภ๮๥๪๕ᆸᇍ ᇍகภ๗ภ๪๕ᆸ๮๥ᇍ๹ภ๗๪๕ᆸ๥๮๬ภᇍ๹ภ๪๕ᆸ๗๥๮ᆸ๥ᆸᇍภ๬ภ๗๹ภ๥๮๛ᇍ๥ᆸᆮ ᆮ๹ภ๗๬๧๮ᇍ๛ภ๥ᆸ๹ภ๬๗ᆮৄ๧ภ๥ᆸ๛๹ภ๬ภகᆮৄ๧๥ᆸ๛ภ๬ᆮภ๧கৄ๥ᆸ๛ภᆮภ๝ᆩ๧ৄ๛கภᆮ๧ภ๧ৄக๝ᆩภ๬ภ๧ৄகุ๝ᆩภ๬ภக๧๝ᆩีภุ๧๬ภ๝ᆩี๬ภุ๧๗ᆩ๝ᆩภุ๬ภ๧ี೓๗ᆩภุ๬ภภี๗೓ᆸ๗ᆩᆸุี๙ภ ภ๗ᆩ೓ีᆸภภ๙๗ᆩ೓๗ภภᆸ๗ᆩ೓๙ภᆸ๙೓๗ภᆸ๙๗ภᆸ๙ภ ৄภகภ ๝ᆩ๧๬ภุืี ๗ᆩภ೓ภ๷๹ภ๗ ๴‫ك‬๹ภᆸ๙๷๹ภภ๪๬୛ภ๷๹ภ๿๪๪๥๷๹ภ୛ภᆮ๪๷๹ภ๪಻๷ภ๪୛ภ๷๹ภ୛ภ๪ᆧ๙ภ ಻๷ภ๵ᆩ ᆩ๪୛ภɏ಻๷ภ๪๵๪ภ୛ภᆩ๲๿ ಻๷ภ๚ɏᆩ๵๪ᆩ๧๗಻๷ภᆩภ๵๚ภɏ˚ᆩᆩ಻๷ภ࠘ภ๿๗๵ɏ๚ᆩ๬๷ภᆩ࠘๿๵ɏ๗๚๴ᆩ๵ภᆩ ๿ภ๷ภᆸ๗ɏᆸ๚࠘๥๼ᆩภ๵ᆩภ๗࠘๷ภ๚๨๧ᆸ ᆩ๥ภ๗๷ภ࠘๵ย๨ᆸ๨ภ๥๷ภ๵࠘๚ᆸยᆩ๥๨๷ภ๵๧ᆸ๨๥ย๵ภᆸย๨๥ภ๸ᆩย๨ภଫยງ๧ภ๥๙ภ ๵๙ภ๧ภ ๴๛ᆸ๷ภ୶ภ઩๧ภ๵ᆸ๥๨ภ๥๙ภ ืืืืȲ๿ื๬ ๴‫ك‬๹ภ ๴‫ك‬๹ภ๬ű๿๿ ๿๴‫ك‬๹ภ ื ๹๥๬ᆮภᆮ๴‫ك‬๹ภ๿๛๥ภ ๴‫ك‬๹ภ ๬ᆮ๴๿ภ๬ ๴‫ك‬๹ภ ๥ᆧ๙ภ๜ᆸ๿ ᆮ๬๥๗ᆮ๿๪ᆧ๙ภภ๬๥๲๿ᆮ๿ᆧ๙ภภ๪๥๧๗ᆮᆧ๙ภ๲๿๪˚๚ᆩ๧๿ᆧ๙ภภ๿๲๿๪ภ๗๬˚ᆧ๙ภ๿๧๲๿๿๪ภ๴๼๿๧๬ᆩ๿๲๿˚ภ๪๧ภ๿๼ภ๴๧˚ᆩ๲๿ᆩ๬ภ๨๧๿ ภ๧๼˚๴๬๚ภᆩ๿๨๿๿ ᆩ๧ภ๴˚๬๧๼ภ๿๿๚๿ ᆩภ๨ᆩ๴ᆩ๼๧๬ภ๿๧๿ᆩภ๚ภ๧๴๼๨୶ภᆩ๿ ᆩ๧๧๨๼๚ೲภภ๸ᆩᆩᆩຉ๧๨๙๚ภ ᆩภଫ๧๸ᆩ๥๨๚ງ ງภᆩ๧๧๙ภଫ๚๸ᆩ๥ງ ภ๧๸ᆩଫ๙ภภ ງ๥๸ᆩ๧๵๙ภଫภງ๧๸ᆩ๥ଫ๧ภງ๵๙ภ๙ภภ๥๧ଫງ๙ภ๥๧๵๙ภ๧๛ภภ๥๬๵๙ภ๧ງ๥๵๙ภภ๴๛ᆸ๧๴๵๙ภ๧๷๴๛ᆸ˚ຉ๵๙ภภ๧୶๪๴๛ᆸ๷ภ๧ภย઩๴๛ᆸ୶๷ภ๧ภ๴๛ᆸ๷઩୶๵ภ๴๛ᆸ๧ภᆸ๷୶ᆸ઩๥ภ๵๷୶઩๧ภ๨ภᆸ๥๧ภ୶๥๵઩๨ภᆸ๙ภ๥๵๧ภ઩ᆸ๥๥๨ภ๵๧ภ๙ภᆸ๨ภ๥๵ᆸ๙ภ๥๨ภ๙ภ๥๨ภ๙ภ๥๙ภ ภ๧ภ ๴๛ᆸ๷ภ୶ุภ઩¡¡๧ภ๵ᆸ๥๨ภȲ๿๥๬ ๗๸๬ภ Ȳ๿๙ภ๹ภ๬Ȳ๿๗ű๹ภ๿ ๿Ȳ๿๬๹ű๷ภภ๬Ȳ๿๹ภ๛๹๬ภȲ๿ภű˚๴๿๛๿ภ๬ű๹ภ๜ᆸ๿଱๹๴űภภ๛๗๿๬ภ๜ᆸ๹๛ű๴๬๿ภ๗๿ภ๿๹๜ᆸ๛๮๧ภ๴ภ๗ภ๬๗๜ᆸ๛๴๿ภ๚ᆩ๗ภ๗๜ᆸ๬๴๗ภ๙ภ๿๚ᆩ๗๬๜ᆸ๗ଥ๼ภ๿๗ᆩ๬ᆩ๚ᆩ๗ภ๧๙ภ๿๼འབྲภ๗๚ᆩ๬க๨ภ๿๧๗ภ๚ᆩ๼๗ภ๚๪ུགᆩ๨ᆩ๗་ᆩ๧๼๚ᆩ୑ງགภ๧ᆩภ๚ི་ภ๧๗๼๨མᆩภᆩ๧๧๨๣๼ཉམ་๚ภ୶ภᆮ ᆩᆩ๧๨๚ೲལᆩภ୶ภຉ๧ຉ๨๚๙ས་ภᆩภೲ๧୶ภ๚๥ཚຉ ོགᆩ๙๪๕ᆸ୶ภ๧ೲ๙ภས་ຉ๥๙ೲ๥୶ภསຉ๙ภ๙๥ೲ๮୶ภ๵๙ภྡེའᇍຉ๥๗ೲི་བཅའ་ຉ๙ภ๧๥๵๙ภ๙๹ภ๙ภ๥ű๵๙ภ๧ཁ๿ภ๛ภ๵๙ภྲིམ๴๧ས་๬๵๙ภ๛ภ(ງ๧ງ‫ك‬๹ภ๥๵๙ภའཕྲ๬๧๛ภງ๴๬๥๛ภ๧ི་ས๿๬˚ຉྣོནງ๴๬ภ๥๛ภ๪)ງ˚ຉ๙ภ๥๴๬๛ภย༢༠༠༩ ງ๸๪˚ຉ๥๴๬ᆸ ภງ๹ย˚ຉ๥๴๪ภภű˚ຉ๪๴ย๿ภ๮˚ຉย๪ཅན་ᇍภ๗ย๪๹ภམย། ๛ภ๬ງ๥ภ๴˚ຉภ๪ุยุุุଳ๧ภ ๗๸๬ภ ุ ุ๤ᆸ๗๸๬ภ ๗๗ภ๸๬ภ ๷๗๹๷ภ ๗๸๬ภ ๹ภ๗๸๬ภ ๹๷ภ๪˚๿๗๿๣ᆸ๸๬ภ ଱๹๷ภ˚๧๗ภ๿๹๷ภ๬଱๗˚๹๷ภ๿ภ˚๮๧ภ๬଱๣๙ภ๿๹๷ภ˚଱๬๗๮๧ภ๿๛ᆸ˚଱๬๙ภ๗๿๮๧ภ๗଱๬ଥย๮๧ภ๙ภ๗๙ภ๬๮๧ภଥ๗๙ภக๙ภ๮๧ภ๙ภଥ๗๪கଥ๙ภ๗୑ງ๪๙ภ๧கଥภ୑ງக๙ภ๣ଥ๪ᆮ๧ᆮภ୑ງภக๙ภ๪๣๧ᆮ୑ງภக๪ภภ๧๣୑ງᆮ๪ภ๣๕ᆸ๧୑ງᆮภ๣๧๥ᆮ๪๕ᆸภภ๣๮ᆮภ๥๪๕ᆸᇍ ᇍภ๗๪๕ᆸ๮๥ᇍ๹ภ๗๪๕ᆸ๥๮űภᇍ๹ภ๪๕ᆸ๿ ๿๗๥๮๴ᇍภű๗๹ภ๥๮๿ ᇍ๴‫ك‬๹ภ ๹ภ๗ű๮๿ᇍű๹ภ๗๴‫ك‬๹ภ๿๬๿ű๿๴๿ภ๬ ‫ك‬๹ภű๴๿ ๿‫ك‬๹ภ ๙ภ๬๴๸‫ك‬๹ภ๿ภ๙ภᆸ๬ᆸ๹๿‫ك‬๹ภ๸ภ๬๙ภᆸ ๿ű๹๿๬ภ๙ภ๿๸๿ ᆸ๮ű๸ᇍ๹๙ภᇍ๬๿๗ᆸ๹๮๸๙ภűᇍ๹ภᆸ ๿๗๹๸ű๮๿ᆸภᇍ๹ภű๗๮๿ᇍภ๗ű๹ภ๮๿ᇍ๹ภ๗๮ᇍ๹ภ๗๹ภ (3) Removal by majority vote of the board of directors for any of the following reasons: (a) failure of the member to patronize the co-operative for a period of time fixed by the board of directors; (b) failure of member to comply with his obligations; (c) violation of the constitution and by-laws and the policies of the Board of directors; and (d) committed acts or omission injurious or prejudicial to the interest or welfare of the co-operative.

Article 16: Voting. In primary co-operatives, members are entitled to one vote. In the other forms of co- operatives, the voting shall be done based on their by-laws.

Article 17: Application of relevant management and social development principles and practices. Effective governance of co-operatives does not rely only on their legal bases, values and principles of co-operatives and morals of the Bhutanese society as mentioned under Article 4. Co-operatives must be pragmatic and must adapt to relevant changes under the initiatives of the Board and committee members and the managers. The Co-operative (Amendment) Act of Bhutan, 2009 23 ื ๴‫ك‬๹ภ๬๿ภ๥ᆮภ ᆧ๙ภ๪๲๿๧ภ˚๿ภ๬๿๴๿ภ๼ᆩ๧ภ๨ภ๚ᆩ๧ภ ๸ᆩภଫງ๧ภ๥๙ภ ๵๙ภ๧ภ ๴๛ᆸ๷ภ୶ภ઩๧ภ๵ᆸ๥๨ภ๥๙ภ Ȳ๿๬๹ภű๿๹ภ๛ภ๴๜ᆸ๗ภ๬๿ภ๗๚ᆩ๗ภ๼ᆩ๧ภ๨ภ๚ᆩ๧ภ୶ภೲຉ๙ภ๥๙ภ๵๙ภ๧ภ๛ภ๬ງ๥ภ๴˚ຉภ๪ย ุ ๗๸๬ภ๗๹๷ภ˚๿ภ଱ภ๬๮๧ภ๗๙ภଥ๙ภகภ๪୑ງ๧ภ๣ᆮภ ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿ภ๴‫ك‬๹ภ๬๿ภ๬๙ภ๸ᆸ๹ภű๿ภ๮ᇍ๗๹ภ ଳ๧ภ๤ᆸ๗ภ๷๪๕ᆸ๹ภ๥๪ภ๣ᆸ๮๧ᇍ๗ภ๗๹ภ๣๙ภ๬๥ᆸ๛ภ๛ᆸ๗ᆮ๧ยภৄภ๗ᆩ๹ภ ‫ډ‬๹ภ૱๧ภ๚ᆩ๗ภ๗๣๧ภ๖ᆮ๷ภ๪๳ຉภ๬๿ภ๴๥ᆩภகภ ๴‫ك‬๹ภ๬๿ภ ๕ ๕ ๪๕ᆸ ๚ᆩ๗ภ๥๗ภ๮ᆩ๹ᇍ๗ภ๹ภ๬๝๬ภ ๬๥ᆸภ๛๷ᆮ๧๹ภภৄ๮ภ๗ᇍ ᆩ๹ภഁງ๴‫ډ‬๹ภ ๿ภଳ๪ภ૱ು๧ภຉᆧ๚ภ๴ᆩ๗๪๥ภภ๗๣๧ภ ๬ภ๪๖‫נ‬๪ภ ᆮ๷ภ๪๨๳ຉยภ๬๿ภ๴๥ᆩภகภ ๴‫ك‬๹ภ๬๿ภ  ๖ ๴‫ك‬๹ภ ๚ᆩ๗ภ๗ᆩ๹๬ภ๿ ๚๬๝๬ภᆩ๗ภ๗ᆩ๹๷ภ๖๹ภᆸภᆧ๮๴๿ᇍ๗ภ๴๹ภȲ๿ഁ๷ງ๴ภ๴๿ภଳ๗๧ภ๪ภು๥ຉᆧ๙ภภ๴Ȳ๿๪๥ภ๷๬ภ๣ภᆮ ๪๷‫נ‬๪ภ ๗ภ๷๨ᆮ๧ยภ๴๤๪ภ๬ภ๪‫נ‬๪ภ๨ย ๖ ๗ ୶ภ๴‫ك‬๹ภ Ȳ๿๬๬๹ภ๿ ๥๚ᆩ๙ภ๗ภȲ๗๿ ᆩ๬๹ภ๹ภ๖ᆸภகᆧ๴๿๗๹ภภ๴ৄȲ๿ภ๥๷ภ๙ภ๴๗๧ภ๥๙ภ๬๥ᆸ๴ ภȲ๿๛ᆮ๷๧ภ๣๪ᆮภ๕ᆸ๷33 ๥๗ภ๮๷ᇍ ᆮ๗๧ภ๹ภ๴ű๿ภ๤๪ภഽ๿๥๬ภࣛ๪๹ภ‫נ‬๪ภৄภ๨๥ย๙ภ๬ภ ๗ ୶ภ๬‫ك‬๧ภ Ȳ๿๬๨๹ภ๴๿๥ภ๴๙ภ๗๷ภ Ȳ๿๬๹ภ๪ ๴க๪๥ภ ๗๹ภ๵ৄᆸ๥ภ๥๨ย๙ภ ๬๥ᆸภ๛ᆮ๧ภ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿ภഽ๿๥ภࣛ๹ภৄภ๥๙ภ๬ภ ๙ภ ๝ᆮ๬‫ك‬๧ภ ๹ภഓຉ๥๨ภ๴๿űภ๿ ๴ஔ๗๷ภ ภ๴๪๥ภ๪ภ๵๴๪๥ภ ᆸ๥๨ภ๵ᆸ๥๵๙ภ ๨ย๧ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬๤๴ภ๥ᆸ๧ภ ๵๙ภ๧ภ ๙ภ ๝ᆮ๩๧ภ๹ภ๪ഓຉ๥ภᆮ கű๿ภ๗ஔ๧ᆸภ๴๥๪๥ภภ๨๴๿๵ภஔᆸ๥ภ๨ภ๥๙ภ๵๙ภ๧ภภ ๬ภ๬๝๬ภ ๪‫נ‬๪ภ๷๨๹ภ๴๿๮ภஔᇍ๗ภ๙๹ภ๧ภഁ๴ງ๴๪๥ภ๿ภ๬๤๴ภ ๵ᆸ๥๥๨ยᆸ๧ภ ๵๙ภ๧ภ  ๩๧ภ๪๥ᆮภகภ๗๧ᆸ๥ภ๨๴๿ภஔภ๥๙ภ๵๙ภ๧ภ๬ภ๪‫נ‬๪ภ๨๴๿ภஔภ๙๧ภ๴๪๥ภ๵ᆸ๥๨ย Ȳ๿๬๹ภ๥ᆸ๧ภึ฻๨ย๮ᇍ๗๹ภଳ๧ภ๪অ๗๹ภ๤๙๹ย Ȳ๿๴๗ᆸ๬ภ๹ภ๪অ๗๹ภ ๥ᆸ๧ภึ฻๨ย๮ᇍ ๬๝๬ภ๷๹ภ๗๮๹ภᇍ๗ଳ๹ภ๧ภഁ๪ງ๴অ๗๹ภ ๿ภ๴‫ك‬๹ภ๤๙๹ย ๬๿ภৄภகภ ๬๿ภᆧງภகภ๮ᇍ๗๹ภଳ๧ภᆧງภ๪অ๗๹ภ๧ᆩ๴๿ภ๤ᆸ๪ภ๥๪๙ภ๥๙ภ ๴๗ᆸ ๬๝๬ภภ๪অ๗๹ภ๷๹ภ๮๬ᇍ๗๝๬ภ ๹ภഁ๷ງภ๥๹ภࣟງ๮๪ᇍ๗ภ๬๹ภภ๴ഁ‫ۑ‬๱ภງ๴๿ภ๴๗‫ك‬๹ภ ๲๧ภ๬ৄ๿ภภৄ๗ภᆩภக๤๥ภภ๖ภ๬๿கภภᆧງภகภ๹ᆸ๮ภᇍ๗๹๹ภᆸ๴๿ ଳȲ๧ภ๿๬ᆧ๹ภງภ๪ৄঅ๗๹ภ ภ๧๙ภ๗๧ᆩภᆩ๴๿ภ๤๗๲๿ ᆸ๪ภ๥ภ๪๙ภ ๥ᆸ๧ ๥๥๙ภ๙ภ ๬๝๬ภ ๴Ȳ๿๷๷๣ᆮภ๹ภ๮ᇍ๗๮๹ภᇍ๗๹ภଳ๧ภഁງภ๪๥অ๗ภ ࣟງภ๪๥ภ๬๗ᆸภ๴ย‫ۑ‬๱ภ๗๲๧ภৄภ๗ᆩภ๤๥ภ๖ภகภ ๹ᆸภ๹ᆸ๴๿ภȲ๿๬๹ภৄภ๧๙ภ๗ᆩภ ๗๲๿ภ๥ᆸ๧ภ๥๙ภ ๴Ȳ๿ Ȳ๿๬๷๹ภภ๣๥ᆮภᆸ๧๮ภᇍ๗ึ฼ ๹ภଳ๧ภ๨ย๪অ๗ภ๴ࣤງ๥๗ᆸ๷ยภ๵ᆸ๥ภű๿ภ๴๯ᇇ๧ภುຉ๙ภ๥๙ภ ๬๿ภഁງ๴๿ภ๗ᆸ๙ภ๴๩ᆮ๷ภ˚๿ภƥ๙๹ภ๥ᆸ๧ภ๥๙ภ๷๗ภ๷ᆮ๧ภ ๴В๗ภȬ๪ย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ ๥ᆸ๧ภഭ๿๧ภ๚๧ภ˚๿ภ๥๪๙ภುຉ๙ภ๴๪๥ภ๧ᆩภ๴๥ᆩภ ๗ᆸ๙ภ๗๹๷ภȲ๿๬๹ภ๥ᆸ๧ภู ๨๴๿ภ๧๙ภ  ๪๕ᆸ๥ภ๵ᆸ๥ภ๬๿ภ௟ᆧภ˚๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภȲ๿๬๹ภ๥ᆸ๧ภ˚๿ภ๗๲๿ภ๥๙ภ ƥ๙๹ภ๥ᆸ๧ภ๥๙ภ୶ภ๥ᆸ๧ภৄภ๥๙ภ ๴࣡๗ภ๗ᆩภ๵ภᆧ๪๹ภഓຉ๥ภ๪๳๙ภৄภகภ๪୑ງ๧ภ๨๴๿ภஔภৄภ ଫ๙๬ภ๗๚ᆩ๗ภ๗ᆩ๹ภ๬ภ๥ᆸภ๪ᆧภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ 34 ๴๥ᆩภ๷๗ภ๷ᆮ๧ภ๥๙ᆸ๹ภಸภ๵ᆸ๥๨ภ๚ᆩ๗ภ๥๗ᆸภ๧ᆩภ๼ᆩ๧๬ภ๷๹ภ๪๕ᆸ๥ภ๮ᇍ๗๹ภ๥๙ภ ๮ᇍ34๗๹ภϭ๙ภ๗ᆩภ๴‫ك‬๹ภ๬๿ภ๴๯ᇇ๧ภ ುຉ๙ภ๨ภৄภ๗ᆩ๹ภ ುຉ๧ภ๵ᆸ๧ภ๣ᆸ๗ภഓຉ๥ภ๥๙ภ๪๚๹ภ๨๴๿ภ೐ຉภ๷๹ภ‫ډ‬๹ภ๪೫๧ภ˚๿ภ๪ೊᆧภ๪ภৄภ๴ຉ๹ภ๴๪๪ภ๗๙ภ๵ᆸ๥ภ ๹ᆸภ๹ᆸ๴๿ภ๹ᆮ๬๹ภű๿๹ภ๮ᇍᆧภ๣ᆮภ๥๙ภ๷ᆮ๧ภ๴๪๥ภ๥๗ᆸย ¡¬ འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། CHAPTER VI Financial Management of Co-operatives

Article 18: Capital and their sources. The capitalization and accounting of resources of registered co-operatives shall be governed by this Act and the rules issued by the MoAF. Registered co-operatives may derive their capital from the sources that include, but not limiting to, the following: (1) Members’ share capital; (2) Loans and borrowings including deposits; (3) Revolving capital which consist of the deferred payments of patronage refunds or interest of share capital; and (4) Subsidies, donations, legacies, grants, aids and such other assistance from any local or foreign institutions whether public or private but with prior approval from the Ministry of Finance.

Article 19: Liability of members A member shall be liable to the debts of the co-operative to the extent of his contribution to the share capital of the co-operative. The Co-operative (Amendment) Act of Bhutan, 2009 24 ๹ᆸภ๹ᆸภᆸ๹ᆸ๴๹ᆸภ๿ᆸ ภ๴๹๿๹ᆸᆸภᆮ๴ภᆸ๹๬๿๴ภ๹ᆮ ᆸ๿ภ๹๬ภ๴ᆮ๹ᆸ๿๬ภᆮ๹ภű๬๹๴๿๹ภᆮ๿űภᆸ๬๹ภ๿๹๴ű๹ᆮ๿๮ภ๿ű๹ภภ๬ᇍ๹๿ᆧ๮ᆮ๹ภűᇍ ภ๬๿ᆧ๮๣๹ᇍ๮ᆮภűภᇍᆧ๣๿๥ᆧᆮภ๮๹űภᇍ๣๙ภ๥๿ ᆮᆧ๣๮๹ᆮภ๙ภ๥๷ᇍ๥๣ᆮᆧ๹ᆸᆮ๮๙ภ๧ภ๷ᇍ๙ภ๥ᆮ๣ᆧ๧๷ภ๹ᆮ๴ภ๷๙ภᆮภ๥ᆮ๧๣๴๧ᆸ๴ᆮภ๷๪๥ภ๙ภ๿ภᆮ๴๧๴๪๥ภ๹๷๙ภภᆮ๬ᆮ๪๥ภ๴๧๗ᆸ๪๥ภ๷๹ภᆮย๴๗ᆸ๥๧๪๥ภย๗ᆸű๴๗ᆸ๪๥ภย๿๹ย๗ᆸ๪๥ภᆸภ๮๹ย๗ᆸ๥ᇍᆸᆧ๴ย๗ᆸ๿ภ๣๹ยᆮภᆮ๥๬๙ภ๹ภ๷űᆮ ๿๧๹ภ ภ๴๮ᇍᆧ๪๥ภ๣๥ᆮภ๥๗ᆸย๙ภ๷ᆮ๧ภ๴๪๥ภ๥๗ᆸย Ȳ๿๬๹ภ๥ᆸ๧ภึื๨ย๤ᆸภ๪๕ᆸ๥ึภű๿ภ๩๧ภయ๬๝๬ภ๗๹ย ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥̣๷ภ๖๙ภย ๷ᆮ๷ᆮ્ภ๷ᆮ્‫ې‬ภ๷ᆮ્‫ې‬๗ภ્๷ᆮ‫ې‬ภ๗ภ๨્‫ې‬๷ᆮ๗ภ๨ภย๗ภ๬๝๬ภ‫્ې‬๷ᆮ๨ยภ๨๗ภ‫્ې‬ยภย๨๗ภ‫ې‬๷ย๨๗ภ๹ภย๨๮ยᇍ๗๹ภഁງภ๚๷ᆮᆩ๗્ภภ‫ې‬๪๚๴ภ ๗ภ๨ยȲ๴๗ᆸ๿๬๷ᆮ๹ภภ๪્๴অ๗๹ภ ภ๥ᆩ‫ې‬ภ๗ภ๥๙ภ๨๬๴ย๝๬ภȲ๿๷๷๹ภภ๣ᆮ๮ᇍ๗๤ᆸ๹ภภ๪ഁ๕ᆸງภ๥๥๙ภภ๴๪๥๱ภഓ๿ภ๬๥ภ‫ك‬๧ภ  ๹ᆸ๬ภ๧๝๬ภధ๷๧ภ๹ภ๮ᇍ๗๹ภഁງภ ഓ๿ภ๬‫ك‬๧ภ๬๬๝๬ภ ๝๬ภ ๬๝๬ภ ๬๝๬ภ ๷๷ ๬๝๬ภ ๹ภ๷๹ภ ๬๝๬ภ ๖๗ภ๮๹ภ๷๹ภᇍ๬๝๬ภ ๮๷๹ภ๮ᇍ๗๷ᇍ๬๝๬ภ ๹ภ ๗๮๹ภഁ๷ᇍ๮๹ภ๗ງภᇍ๹ภഁ๗๹ภ๮ງ๷๹ภᇍ๴ഁ๹ภ๗๿ງ๮๹ภ๴ഁ๥ᇍ ๿๹ภഁງ๗๤ᆸ๮๴ງ๥ภᇍ๿๴ภഁ̣๷ภ ๹ภ๪๗๿๥ງ๴๥̣๷ภ ̣๷ภภ๿๹ภ๬๝๬ภ ๕ᆸഁ๹ภ๿ภ ງ๥̣๷ภ๴ഁ ງ๛๥๴̣๷ภ๿๹ภภ๴๥̣๷ภ ๬๝๬ภ ು๧๚ᆸᆩภยງ๴ຉภ๗๙๷ภು๿ ย๥ภ๷ຉ๙๬ภ๹ภ̣๷ภ ๹ภ๯ᇇ๴๜ᆸ๹ภ๧๯ᇇ๴๗̣๷ภ๷๴๹ภภ๧๯ᇇು๷๹ภ๯ᇇภ๴ຉ๷๧๙ು๧๗ภ๯ᇇ๮ภຉ๴ย๹ภ๙ು๧Ȭುᇍ๗๝ᆮຉ๯ᇇยງຉภ๙๴๙ᆧ๧๹ภภು๧ย๯ᇇภ๪ຉย๙๚ഁ ย๝๬ภ๷๹ภ๮๷ƥᇍ๷๗๹ภ๹ภ๙๹ภ๮๴ഁᇍ๗űງ๯ᇇ๴๹ภ๿ภ๿๧๥ഁภುງภ๷๹ภ ৄຉ̣๷ภ๙ภகย๷ภ๤๹ภ๬๹ภ ๥̣๷ภ ๴๯ᇇ๥๙ภ๧๴ภ๪ࣤງು๚๹๨ภ ๷ຉ๙ภภஔยภ๗๴ᆩภ๲๪๥ภ ๪๹ภ๣ᆸ๗ภ๥ᆸ๧ภ ̣๷ภ๴ࣤງ๷ภȲ๿ஔȲ๿๬ภ๗Ȳ๿๬๹ภᆩภ๲Ȳ๿๬๹ภ๪๹ภ ๣ ᆸ ๗ ภ ๥ ๧ ᆸ ภ Ȳ๿ ๬ ๹ภ ๥ ᆸ ๧ ภ ึ ฽๨ย๬ภ கภȲ๿ ๬๬๝๬ภ ๹ภ ୶ ๥ ๷ᆸภ๧๥๹ภภึ๙ภ๮๥ᇍ๗ᆮ๴๹ภ๿ภ ฽๨ย๬ภ ๴ ഁ๤ᆸງ๴๧๿ภ๥ภ୶ƥ̣๷ภ ภ ๥ ๙๹ย ๙ภ ๖๥๙ภᆮ๴๚๿ภᆩ๗๴ภ๤ᆸ๪অ๗๹ภ ๧ ภ ƥ ๙๹ย ๣ᆮภ ๥ᆮภ๗ᆩ๹ภ ๥๨๷ภ ๥๬ᆸȲ๿๧๹ภ๥ᆸ๬๹ภȲ๿๧ึ๥ᆸภ๥๹ภ๬๧ึᆸȲ๿๧ภ๗๧๙ภ ฽๨ย๬ภ ๥ึ๹ภภ๬ᆸึ๧ ฽๨ย๬ภ ๥ภ๹ภ๪ᆸึ ฽๨ย๬ภ ฽๨ย๬ภ ๧๥๴๿ภ ᆸ ฽๨ย๬ภภึ๧ ๮ภ୶ᇉึ ฽๨ย๬ภ ๷୶๥ ฽๨ย๬ภ ๹ภ୶๙ภ๥୶๴ ๥๙ภᆮ୶๥๗ᆸ๴๥๙ภ๿ᆮ๙ภ๥୶๴๪๥๿๥ᆮ๙ภᆮ๥๴୶๤ᆸ๴๿ภ๥๿๙ภ অ๗๹ภ ๧ᆮ๤ᆸ๴๥๴ภ ๿๧ภ๤ᆸ๙ภƥᆮ๤ᆸ๴๣๧๥ƥ๿ภᆮ๧ᆮ๤ᆸภ๴ƥ ๙๹ย ๧๿ƥภ๤ᆸ๴ࣟຉภ๴ ๙๹ย ๙๹ย Ȳ๿ƥ๧๤ᆸᆧภ ๙๹ย ๙๹ย ๬ ƥ๧ภ˚ภ๹ภ ๙๹ย ƥ๿ภű ๙๹ย ஔ๿ภภᆧ ৄ๿๬ภ๧ภ๙ภ๨க๴๿ภภ ๴๪๪ภ ๬๝๬ภ๤๷ᆸ๪๹ภ๚๮ᆩ๗ᇍ๗ภ๹ภகภഁ๥ງ๴๪๙ภ๿ภ ๧๬ภᆩภ๥๥๙ภ̣๷ภ  ๤ᆸ˚ภ ๿ภ୑ງ๧ภ๗๲๿ภ ๗ภ๪অ๗๹ภ๣ᆮภ ๥ᆮภ๗ᆩ๹ภ ๥๨๷ภ ๹ภഁງ๴๿ภ ๬ภ๥̣๷ภ˚๤ᆸ๿ภ୑ภ๤ᆸງ๧๪ภ๕ᆸภ๤ᆸ๗๪๤ᆸภ๲๿๥๕ᆸภ๪ภ๤ᆸ๪ภ๴๥๕ᆸภ ภ๕ᆸ๪๤ᆸ๥๴๥ภภ๕ᆸ๪๴๤ᆸ๥ภ๴ภ๵๕ᆸ๪๥ภᆸ๴๥ภ ๵๕ᆸ๨๴๥๵๪๥ภ๵ภᆸ๴๿๥ᆸ๴๿๨ภ๪๥ภ๵ภ๴๿๨ᆸ๨๥ภ๪๥ภ๵๴๿ภᆸ๴๿๨๥ภ๵ภ๬๝๬ภ ๴๿ᆸ๨๥ภ๬๝๬ภ๴๿๨๷๤ᆸภ๬๝๬ภ ๬๝๬ภ ๴๿ภ๹ภ๪๷ภ๬๝๬ภ ๕ᆸ๮๷๹ภ๮๷๥ᇍ๬๝๬ภᇍ๗๹ภ๮๗๷๹ภภ๴ᇍ๬๝๬ภ ๪઩๬ภ ๹ภ๮๗๹ภ๚๷๪๥ภᇍᆩ๗ᇍഁ๗๹ภഁງ๮๹ภ๷๗ງ ᇍ๴๹ภഁ๗ৄ๵๮ᆩ ງ๹ภ๥ᆩภᆸ๤ᆸ๥ᇍഁৄ๹ภ๗ஔภภງ๮๪ງ ๨ᇍৄഁ๹ภ๗๴๕ᆸ๴๿ງ๬ภৄഁ๹ภ ๷๗ภ ๬ภ๪๥ภ୶ภ๥ງ ৄഁ๬ภภ୶๴๚๷ງȬ๪๥ภ ๬๝๬ภ ງ୶ৄ๚๧ภ๬ภᆧ๗ภ๚๧ภக୶˚๷๵ภ๿๧ภக๚ᆮ๧๪୶๤๬ภᆸ๷๥๴ᆸக๳ຉ๧ภ๪๚๥୶ภ๹ภ๨๤๪ภᆮ๳ຉ๪๧க๴๿๮ภ๚ᆩ๳ຉ๧๥๪கภᇍ๗๥ภᆩ๧ภ๧๙ภ๳ຉ๕ᆸ๥๗ᆸ๹ภᆩ๪கᆩ๥๙ภ๧ย๳ຉഁ ๬๝๬ภ ᆩ๪ภ๙ภ˟๥๧๳ຉງภৄᆩภ๪ภ๙ภ๨๷ภ ๥๧๷๨ᆩภ ๷ภ ๙ภ๥๴๿๥๨๷ภ ๹ภ๴๬ภ๙ภ๮๮ࣟຉ๴ ๥๨๷ภᇉᆧᇍ୶๗ࣟຉ๴๥๨๷ภ ภ๚ᆧ๹ภࣟຉ๹ภ˚๴๧ภ๿๥๨๷ภ ᆧࣟຉ˚ഁ๴ภ๿ᆧ˚ງகภࣟຉภৄ๪๿๿๴ภ˚ᆧภࣟຉ๳ຉ๿ภ˚ᆧภ๧๬ภ๿ภ˚ᆩ ๥୶๿ภ ภ๙ภ๚๧ภ๥க ๥๗ᆸย ๴๤ᆸ๴๤ᆸ๧ ๪઩๙ภภ๴๤ᆸ๧๴๤ᆸƥ๧ೲƥ๴๤ᆸ๧ภງ๙๹ภภƥ๴๤ᆸ๧ƥ๙๹ภภ๵๙๹ภ ๴๤ᆸƥᆸ๧๙๹ภ๥ଳ๷ภ๵ᆸƥ๧๥๵๙๹ภ๬ภ๵๖ᆸ ๿๥ᆸƥ๬๙๹ภৄ๥ภ๪ภ๵๿ ᆸ๬ৄ๥ű๬๙๹ภ๿ภ๵ภ๿๿ ᆸৄ๬Ȳ๥ৄ୶๿ภ๵ภᆸ๬๹୶๿ৄ๥๿ภ๹ภ୶๿๖ৄ๬୶๿ภ๹๗๖ᆧภ๹๴๤ᆸ ୶๿ৄ๖ภᆧภ๪๹ઈ๙ภ๖୶๿๧ภᆧภ๪ᆧภ๖๹๕๷ภ ଳ๷ภ୶๿ৄภ๪ƥภ๪ᆧภ๕๷ภ๖๹๗๙๹ภ ๕๷ภ๴๧๵ஔ๿ᆩภ๥ᆸ๥ᆩ๪๴๕๷ภஔ๿๧ৄภ๴๤ᆸ๿഻๙ภ๬ᆩ̣๷ภஔ๴๕๷ภৄ๧๿ภ๿ ৄ๧ᆩು๷ஔ๴ຉ๧ภ๿๪ƥᆩ๹ภஔৄ๴๚๴ภ๿๴ภ๥๪๚๴ภ ๧ภᆩ๪๕๷ภᆩᆧภ๖๕๷ภ๴๧ઈ๙ภ๿ᆩ๪ᆧภ ୶๿๙๹ภ ஔৄภ๪๙ภ ๪๚๴ภ ๪๥ภ Ȳৄภ๵๿ ๖ภȲ๬๧ ๪๚๴ภᆸ๥๿ᆩภ๯ᇇȲ๬๹ภᆧภ๼ภ๿๪๚๴ภ๬๿๧๪ᆩ๹ภภȲ๧๿ภ๿˚ ๪๚๴ภ ๹ภ๥ᆩ๴๬ৄ๕๷ภ ๿ ภȲ๹ภ๿๥ᆩ๴๹ภ๬Ȳ๥ᆩ๙ภ๧๿๴๹ภ๬୶๿๙ภ๥ᆩ๴๹ᆩ๴๙ภ๿ภ๥๹ᆸภஔ๖ᆩ๥ᆮ๴ภ๙ภ๹ᆸภ๧๥ৄᆧภᆩ๗ภ๹ᆸᆩ๬ภ๙ภ๧๥๪๥๹ᆸ๧๬ภ๙ภధ๕๷ภ ๙ภ๪๙ภ ๪๚๴ภ ๬ภ๧ధ๹ᆸภ๧ధ๬ภ๧ภ๖๮๹ᆸ๗๹ภ๧๧ภ๖๥ภధ๗ภ๬ภᆩ๴Ȳ๧๖๮๗ภ๧ภ๿ภధ๿ஔ๬๗ภ๷ภ๖๧ภภ๹ภధৄధ๗ภ๖๧ภภ๴๧ภ๗ภ๥ᆩ๖ภ๗ภ๥๪๚๴ภ ๙ภȲ๿๹๬  ๹ᆸภ๧๬ภ๥๙ภ๧๗๹ภ๗ᆩ๮๷ภ๗ᆩ๹๥๙ภ๗ᆩ๹ధ๗ᆩ๧ภภ๹๹ภ๗ᆩภ๖๗ภ ๗๹ᆧภ ๹ ๗ᆩ๗๹ᆧภ ๗๹ᆧภ ๴๗ᆩ๗๹ᆧภ ๗๹ᆧภ ๗๧ภภ๣ᆸ๪ ๪๹ ๧๣ᆸ๪ৄภ๪๧ ๗๹ᆧภ ๗๹ᆧภ ๣ᆸȲภ๣ᆸ๿๪๧Ȳ๬ ๧๿๣ᆸภ๪Ȳ๬๹ภ๧Ȳ๿๪๚๴ภ ๣ᆸ๿ภ๬๹ภ๪๵๬Ȳ๧ᆩ ๿๣ᆸ๹ภภ๵๗๬๹ภȲᆩ๧๿๵๗ᆩ๿๗ภৄ๬๹ภ๵Ȳ๹ᆩ๗ৄ๿๗๵ภ๬๖๗ภ ภ๥ᆩ๵ภᆩ๥๹๙ภᆩ๗ৄภ๙ภᆩ๹๗ৄ ภᆩᆩৄ๴๗๹ৄ๵ภภᆩ ᆩ๥ᆩ๗๹ৄ๗๹ᆧภ ๪๥๗ภ ๴ᆩ๹ ๪๥๗ภ ๬๝๬ภ Ȳ๿๪๗๣ᆸ๗ᆩᆩು๥๗ภ๷๹๧๹ຉภ๙ು๣ ๪๥๗ภ ˠຉᆩ๝๬ภ๗ᆸภ๷๹ภ๹๬๝๬ภ๷๹ภ๨ภ๪๝๬ภ ๕ᆸ๗๷๹ภ๬๥๪๥๗ภ ᆩᆩภย๧๙ภ๤ᆸ๼๕ᆸ๪ᆩ ๗ภᆩ๬ภย๧๥๕ᆸ๪๤ᆸৄು๚ᆩภ๷๥๕ᆸย๬๪๤ᆸ๗ภຉ๙ภ๹ภภ๥๬๕ᆸภ๖๪๤ᆸ๝๬ภᆩ๴๹๥ᆧภ๕ᆸ๝๬ภภ๪๥ภ๥ᆮ๷๬๝๬ภ ๴๙๪๥ภುᇍ๗๵๹ภຉ๴๪๪๥ภ๙๗ᆸುᆩ๗ഁຉ๴๙๨๪๥ภ๗ᆸ๲๗ภ๪ภৄງ๴ภ๣ᆸ๨๗ᆸ๴๼๪๥ภ๿ภ๷๧ภ๴๗ᆩ๨๧๼๗ᆸ๪๥ภ๹ภภᆩȲภᆩ๪๥ภ๧๼๨ย๗ᆸഁ๿ภ๬ᆩ ᆩ๥๧ย๼๨ງภ๗ᆸৄ๹ภᆩ๤ᆸภᆩย๧๼๨ภ๤ᆸ๥๪๵๪๥๗ภ ๷ภȲຉ ᆮภ๙ು๴๹ภ๿๬ຉ๪๥๗ภຉ๙๴ು๮๹ภ๗๹ᆧภ ๪๥๗ภ ຉภ๪๥ภ ๹ภು೫๧ภ ๷๼ຉ ๹ภᆩ๙๧๷๴ย๹ภ๪๥ภ๤ᆸ๥๪๗๕ ৄภ๥๙ภ๗๚ᆩ ๗ภ๖ ᆧภ ˠຉ ๹๥๪๙ภ ภ๪ ๮ᇍ೫๧ภ๗๮๹ภ๥ภഁ๥ງภৄ๙ภ๗ᆩ๹ภ๖๗ภ ๴ᆧ๙ภ๗๧ภ๹ᆸ๴ৄ๿ภภ๬ภ୶๤ᆸ๴๿๗ภ ๪๚๴ภ  ภ๷๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๥̣๷ภ๖๙ภ๗ᆩภ ๥̣๷ภ˚๿ภ๷๗ภ๷ᆮ๧ภ ๤ᆸȲ๧๿ ภ๬ƥ๹ภ๙๹ภ๴๥ᆩภ๴๥๮ᇍ๙ภ๷๴ภ๥Ȳ๿๗ᆸ๷ภ๨35๣ภ ᆮภৄ35ภ35 ๗ᆩภುຉˠ35๙35ภ๪๙๹ภ๲๗ภ ಸ ๴๤๪ภ ๗๸๬ภ๧ᆩ ๼๗ᆩ๧๹๷ภย ৄ35ภ ๷ภ๖๙ภ๗ᆩภ ๥̣๷ภ˚๿ภ๷๗ภ๷ᆮ๧ภ ๥๪๙ภ ು ຉ ๙ ภ ๗ ᆩ ภ Ȳ ๿ ๬ ๹ภ க ๗๹ภ ৄ ภ  ๗๹ᆧภ ๪ ๣ᆸ ๧ 35 ภ ๥ ๙ภ  ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸ๨ภ ๵๙ภৄ๥๨ภ๼ᆩ๧ย ๼ᆩ๧ย ଳ๷ภ๗ઈ๙ภ๥̣๷ภ๷๹ภ๥๪๙ภ๴๯ᇇ๧ภ˚๿๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๣ᆸ๧ภ๥๙ภ ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸ๨ภ 24 ๧ภ˚๿๹ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภึ ഁງ๴๿ภ ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๬ภ୶ภ๥߸ภ๪๸๴ย  28 28 ื ࢀภ๷ᆸ๧ภ๥๙ภ๪ୁภ๪ು๿ย๥ᆮภ๧๙ภ๗๹ᆸ๗ภ๴๜ᆸ๗ภ๵๙ภৄ๥ย ุ ഓ๿ภ୻๹ภ๬ภ๥̣๷ย ๥ᆮภ๧๙ภ ଳ๪ภುຉᆧภ๨ภৄภ๷๹ภ๪ು๿ภ๮๪ภ๷ᆸ๗ภ๥๗ᆸภ๨๴๿ภ๥̣๷ภ๥๙ภ ๬ภ୶๴๿ภ๥߸ภ๪๗ᆸภகภ๤ᆸ๪ภ๨๴๿ภ๪ು๿ภ๥̣๷ภৄภৄ๥๨ภ๼ᆩ๧ย ู ು๿๥ภ೺๗ภ๗ᆩภ๥๗ᆸ๙๹ภ๵๙๹ภ๥๙ภ ๲๷ภ๴๥ᆮ๪๹ภ ๪య๷ภ๤ᆸ๪ภ଱ภ๥๙ᆸ๹ภ ๗๹ᆸ๷ภᆧ๹ภ ๥๙ภˠຉ๞ภᆧ๬ภ˚๿ภ๥̣๷ภৄภ๥๙ภ๥ᆮภ๪઩๬ภ๬๴๿ภ๴๤ᆸ๧ภƥ๙๹ภ ଳ๷ภ๖๪ภ๧๙ภ๴๖ᆸ๥ภ๥๙ภࡲ๿ภ ଳ๷ภ˚๿ภ๗ઈ๙ภ೐ງᆧภ๗๙ภଥ๙ภ๗ᆩภ๷๹ภƥ๙๹ภৄภ๷๹ภ๤ᆸ๪ภ๬๿ภৄภ ๥ᆮภ๴๪๥๱ภ๥ภ ๬ภ ๥̣๷ภ๥ᆮภৄภ๬ภ๷ᆮ๧ภ๨๴๿ภ೓ຉ๧ภ๷๹ภ๥̣๷ภ୶๿๹ภధ๧ภ๖๗ภ๷๹ภ๗๧๙ภ๪ภઈภ๥๗ᆸย  Ȳ๿๬๹ภ๥ᆸ๧ภึ฾๨ย๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๴Ȳ๿ภ๪ย ๴‫ك‬๹ภ๬๿ภৄภகภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภࢀภ๷ᆸ๧ภ˚๿ภ ๴Ȳ๿ภ๪ภ๩ᆸ๗ภ๧ᆩภ๼ᆩ๧ภ๬๿ภ๗ᆩภ˚๙๹ภ๖ภ๬๤ᆸภ๮๥ภ ๴๥ᆩภ ๬๝๬๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๧๙ภகภ ๴‫ك‬๹ภ๬๿ภᆧ๙ภ๹ᆸภ๗ᆩ๹ภ๪অ๗๹ภ๣ᆮภ๵ᆸ๥ภ๨๴๿ภ๬ภ୶๴๿ภ๥߸ภ ๪๸๴ภ๗ภ๼ᆩ๧ภ๬๿ภ๥๙ภ๴‫ۑ‬๧ภ๴‫ۑ‬ภ๩ᆸ๗ภ๧ᆩภ๼ᆩ๧ย ¡«  འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ།  36

Article 20: Share capital, Interest and limitations to share capital holding. It is the responsibility of every member to contribute share capital for the operations of the co-operative. The co-operative shall issue share certificates as proof of the amount contributed by the member. The share capital of member shall earn interest based on the constitution and By-laws. To ensure wider ownership of members of the co-operative through share capital, no member other than the co-operative itself shall own or hold more than ten per cent (10%) of the total share capital of the co-operative.

Article 21: Investment of capital. For the interest of members, a co-operative may invest in any capital of the following: (1) In shares or debentures or securities of any other co-operative; (2) In any reputable bank in the country or any company list under the Bhutan Stock Exchange; (3) In securities issued or guaranteed by the government; (4) In real estate primarily for the use of the co-operative or its members; or (5) In any other manner authorized in the constitution and by-laws or approved by the General Assembly. The Co-operative (Amendment) Act of Bhutan, 2009 25  Ȳ๿๬๹ภ๥ᆸ๧ภืี๨ย๬ภ୶๴๿ภ๥߸ภ๪๸๴ภ๥๙ภ๬ภ୶๴๿ภ๪๗ᆸภ๪๸๴ภ๴๛๙ภ๬๿ภகภುງ๥ภ๥๙ภ๤ᆸ๪ภ๮๥ย Ȳ๿๬๹ภ๥ᆸ๧๬๝๬ภ ภืี๨ย๬ภ ๷๹ภ๮ᇍ๗୶๹ภ๴๿ഁภ๥ງภ๷߸ภ๗ภ๪๸๴ภ ๷ᆮ๧ ๥๴๙ภ๤๪ภ๬ภ๧ᆩ ๗୶๴๿ᆩภ๥ภᆸ๧๪ภ๗ᆸகภ๪๸๴ภ๬ภ୶๴๴๿๛๙ภภ๪๗ᆸ๬๿ภ๪க๸๴ภ ภುງ๥๪ภ๥অ๗๹ภ ๙ภ๤ᆸ๪๧ภ๮ᆩภ๴๥ย๥ᆩภ๴‫ك‬๹ภ๬๿ภ ๬๝๬ภ ᆧງภᆧງภ๪๷๲๿๹ภ๧ ๮‫ډ‬ภᇍ๗๹ภᆩภ๴ഁ๗๧ภງภ๷ƥ๗ภᆧภ๷๚ᆮ๧ᆩ๗ภ๴ภ๤๪ภ ๼ᆩ๧ย๧ᆩภ๗๴‫ك‬๹ภ ᆩภ๥ᆸ๧ภக๬ภ๿ภৄ๬ภภ๷୶๹ภ๴๿๬ภ๪ภ๥๗ᆸ̣๷ภ ภ๪๸๴ภ๗๙ภ๪ࣛঅ๗๹ภ ๙ภ๗ᆩ ๧ᆩภ๴๪๥ᆮ๥ᆩภ๴๧‫ك‬๹ภ ภƥ๙๹ภ๬๿ภ ᆧງ๥ᆸ๧ภᆧภகງภ๪ภ๮๲๿ᇍ๗๧ภ๹ภ‫ډ‬ภഁ๗ງᆩภ๗๴ᆩ๹๗๧ภภƥ๬ภᆧภ୶๚ภ๪ᆩ๗ภᆸ๼๪ᆩ๧๸๴๿ยภ๙๴‫ك‬๹ภ ᆸภഠຉᆧภ๷๬๗ภ๿ภৄȬภ๷ງᆧ๹ภภᆧ๬ງภഖภ๥ຉ ̣๷ภ ภ๥๗ᆸย๗๙ภࣛ๙ภ๗ᆩภ ๪๥ᆮ๧ภƥ๙๹ภ ๥ᆸ๧ภகภ๬๮๿ภᇍ๗ৄ๹ภภ๗ഁᆩ๹ງภ๗ภ๪ᆩ๹অ๗๹ภ ๴‫ك‬๹ภ ภ๬ภ๨୶๴๿ภ๪ภ๬๗ᆸภ୶๪๴๿๸๴๿ภ๪ภ๗ᆸ๙ᆸภ๪ഠ๸๴ภ ຉᆧภ๷க๗ภȬງᆧುງภ๥ᆧภűງภഖ๿ภ๤ຉ๥ภᆸ๪๥ภ๗ᆸ๷ย๬ภ๴๥ᆩภ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภ ๴‫ك‬๹ภ๬ৄ๿ภৄகภ๗ᆩ๹๲๿ภ๪অ๗๹ภ க๗๹ภ ๲๗ภೲ๨ງภ๴๴๿๤ᆸภ๬๪ภ๥୶๗ᆸ๴๿ยภ๪๗ᆸภ๪๸๴ภகภ ುງ๥ภű๿ภ๤ᆸ๪ภ๷๬ภ๴๥ᆩภ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภ ๬๝๬ภ๷ৄ๹ภภக๮ภ๗ᇍ๗๲๿๹ภภ๪ഁ๲๗ภງ๴๿ภ๧ೲ๙ภງภ๴க๤ᆸภ๪ภ๥๗ᆸ๬ภย୶ภ๪অ๗๹ภ๬๿๴๿ภ୶ภ๪ᆸภ๗๙ภ๬๙ภ๙ᆮ๹ภ๗๣๧ภ๪๳ຉภৄ๗๹ภ๨๴๿ภ க๗๹ภ ๬๝๬ภ ๥ᆸ๧ภக๷๹ภ๬๝๬ภ ๮ᇍ๗๹ภ๷ഁ๹ภງ๴๮๿ภ๧ᇍ๗๙ภ๹ภகഁภງภ๖ᆸภᆧภ ๬ภ୶๿๹ภ๪ภ๨অ๗๹ภ ๬๿๴๿ภ๬୶๿ ภ๗๪๲๧ภ ๴๿ภ๴‫ك‬๹ภ ᆸภ๗๙ภৄ๬ภ๙ภ๗๙ᆧᆮ๹ภ๼ภ๗ᆩ๧๣๧ภ ภଥ๙ภ๪๳ຉภ๬ภৄ๗๹ภ ୶๴๿ ๨๪๗ᆸ๴๿ภ ๥ᆸ๪๸๴ภ ๧ภகภ๴๥ᆩ๬๝๬ภ ภ๬๝๬ภ๷๷๹ภ๹ภ๮๮ᇍ๗ᇍ๗๹ภ๹ภഁഁງภ๖ງ๴ᆸภᆧ๿ภ๬ภ๬ภ୶ภ୶๴๿๿๹ภ๵ภ๨ᆸ๙๴๿๹ภภ๴๪‫ك‬๹ภ ഁຉ๬๹ภ๬ű๿ภ๗๿ภ๲๧ภ ๪ଳภৄ๥߸ภภ๗ภᆧึี๷๹ภ ภ๼ᆩ๧ภଥ๙ภధ๬ภ๗ภೲ୶๴๿ງภ ภ๪๛๙ภ๗ᆸภ ๬๿๪๸๴ภ ภ๛ᆸ๗๴ย๥ᆩภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬ภ୶๴๿ภ๵ᆸ๙๹ภ๪ഁຉ๬๹ภű๿ภ๪ଳภ๥߸ภ ึี๷๹ภధ๗ภೲງภ๴๛๙ภ  ๬๿ภ๛ᆸ๗ย Ȳ๿๬๹ภ๥ᆸ๧ภืึ๨ย๬ภ୶๴๿ภ๮ᇍ๙ภ๪ೊᆧย Ȳ๿๬๹ภ๥ᆸ๧๴‫ك‬๹ภ ภืึ๨ย๬ภ ๬๿ภৄภ๗ᆩ୶๤๴๿ภ๥ภ๮ᆸ๧ภᇍ๙கภ๪ภೊᆧย๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆩภ๬ภ୶ภৄภ ๗๸๬ภ๗๹๷ภ˚๿ภ๷๹ภ๥ᆸ๧ภ๗๙ภଥ๙ภ ภ๥ᆸ๧ க๬๿ภৄ๮ᇍภ๗๙ᆩภ๤ภ๪ภ๥ೊᆧภ ๗ᆩ๴‫ك‬๹ภ ᆸ๧ภக๴ภ๤๪ภ๬๝๬ภ ๛ᆸ๗ย๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆩภ๬ภ୶ภৄภ ๗๸๬ภ๗๹๷ภ˚๿ภ๷๹ภ๥ᆸ๧ภ๗๙ภଥ๙ภ ๗ᆩึภ๥ᆸ๧ภகภ๬๝๬ภ ๮ᇍ๙ภ๪๷ೊᆧภ ๹ภ๮๴ᇍ๗๤๪ภ ๹ภഁ๛ງภ๗ᆸ๗๲๧ภ ย ๗๙ภଥ๙ภ๗๚ᆩ๗ภ๖ᆧภ ๪๗ᆸภ๪๸๴ภ๪অ๗๹ภ๣ᆮภ๥๙ภ ๵๙ภ๧ภ  ๥̣๷ภುງ๥ภ๖ᆧภ๪๣๙ภೲງภ๥๙ภ๵๙ภ๧ภ๪๥ᆸ๗ภ๗๣๥ภ๪অ๗๹ภ๤ᆸ๗ภ๷๹ย  ื ଳ๷ภ๖๪ภ๧๙ภ๬๿๙ภ๗๣๬ภ๵ᆸ๥ภ๨๴๿ภ๥̣๷ภ๖๙ภ๗๙ภଥ๙ภ๥37 ๙ภ ๵๙ภ๧ภ ๴࣡๗ภ๗ᆩภ๴๗๧ภ 37 ๷ᆮ๧ภ๪ିງภ๹ᆸᆧภ๥̣๷ภ๖๙ภ๧๙ภகภ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ๷๹ภഁງภ๗๙ภଥ๙ภ๧๙ภย ุ ๗ઈ๙ภ๗ᆩภଳ๪ภ๬๿ภ๵๙ภ๧ภ๪๥ᆸ๗ภ๗๣๥ภ๪অ๗๹ภ๵ᆸ๥ภ๨๴๿ภஔภৄภ๧๙ภย ู ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๙ภ ๵๙ภ๧ภ ๥ᆮ๴๿ภ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภഓຉ๥ภ๧ᆩ๴๿ภ๥ᆸ๧ภகภ ๥๗ᆸภ๨๴๿ภ ๗๲๿ภ๥๙ภȬ๿๬ภ˚๿ภ๥ᆸ๧ภகย ฺ ୶ภȲ๿๬๹ภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๧๙ภ๥๪๙ภ๮๥ภ๗๧๙ภೲງภ๵ᆸ๥ภ๨ภ๥๙ภ๵๙ภ๧ภ๵ᆸ๙๹ภ Ȭ๪ภ๮ᇍ๗๹ภ๴‫ډ‬๴๿ภ๧๙ภ๷๹ภ๛ภ๴๜ᆸ๗ภ๵ᆸ๥ภ๨๴๿ภ๷๹ภഁງภ๗๲๧ภ๗ภ๚ᆩᄮภ๧๙ภᆧ๙ภ๼ᆩ๧ภଥ๙ภย ¡» འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། Ȳ๿๬๹ภ๥ᆸ๧ภืื ๨ย ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๴ຉ๙ภ๴๪๪ภ๤ᆸ๗ภ๷๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬ภ๥̣๷ภ૱๧ภ๪୑๧ภ

Article 22: Financial sustainability of co-operatives from members’ proceeds. The General assembly may authorize its Board of Directors to pursue schemes and prescribe the policies that would increase or improve the capacity of the co-operative on financial sustainability. Such schemes should generate funds from proceeds of members from their capital and products and shall be managed as revolving funds. \The schemes may include the deferring of payment of patronage refunds and interest on capital, and the deduction of a percentage from the proceeds of products sold or per unit of product handled.

Article 23: Audit of co-operatives. All registered co-operatives under this Act shall be subject to annual audits by qualified auditors as certified by the Royal Audit Authority (RAA). The audit guidelines shall be prescribed by the RAA after consultation with the Co-operative sector. The auditor shall submit his report of audit to the audit committee of the subject co-operative. After thorough review, the audit committee shall submit the audit report, with its comments or observation to the board of Directors. The Board of directors shall present the audit report to the general assembly. The Co-operative (Amendment) Act of Bhutan, 2009 26 Ȭ๪ภ๮ᇍ๗๹ภ๴‫ډ‬๴๿ภ๧๙ภ๷๹ภ๛ภ๴๜ᆸ๗ภ๵ᆸ๥ภ๨๴๿ภ๷๹ภഁງภ๗๲๧ภ๗ภ๚ᆩᄮภ๧๙ภᆧ๙ภ๼ᆩ๧ภଥ๙ภย  Ȳ๿๬๹ภ๥ᆸ๧ภืื ๨ย ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๴ຉ๙ภ๴๪๪ภ๤ᆸ๗ภ๷๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬ภ๥̣๷ภ૱๧ภ๪୑๧ภ ๪๳ຉภ๤๪๹ย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬ภ๥̣๷ภ૱๧ภ๪୑๧ภ˚๿ภ஺ຉ๗๹ภ˟๪ภ๵ᆧภ‫ۑ‬๗๹ภ๪๳ຉภ๤๪๹ภகภ ๵ᆸ๙๹ภ Ȭ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๗ᆩ๹ภ ๪๕ᆸ๥ภ๮ᇍ๗๹ภகภ๷๹ภᆧ๿๬ภ๥๙ภഽ๿๥ภࣛ๹ภৄภ ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๧ᆩภ๗ᆩภ ๥๪๙ภ๮๥ภࣟ๿๧ภ๥๗ᆸย ๥ᆮภ๪઩๬ภ๬๴๿ภ๷๹ภᆧ๿๬ภৄภ๗ᆩภ๤ᆸ๗ภ๷๹ภ ๴‫ك‬๹ภ๬๿ภᆧ๙ภ๹ᆸ๴๿ภ๬ภ୶๴๿ภ๴ຉ๙ภ ๴๪๪ภ๥๙ภ๴๤ᆸ๧ภುງ๥ภৄภ ഓ๿ภ୻๹ภ๬ภ๥̣๷ภ๴๪๥ภ๴๯ᇇ๧ภುຉ๙ภ๴๤๪ภ๥๗ᆸย ๷๹ภᆧ๿๬ภ๥ᆮภ๧๙ภக  ଳ๪ภುຉᆧภ๨ภৄภ๷๹ภ๪ು๿๧ภ๮๪ภ๷ᆸ๗ภ๥๗ᆸภ๨๴๿ภ๥̣๷ภৄภ๥๙ภ ๬୶๴๿ภ๤ᆸ๗ภ๷๹ภࣛ๙ภ๪๴๿ภ๥̣๷ภ ๴๤ᆸ๧ภುງ๥ภ๪๭ᇍ๙ภ๨๴๿ภᆧ๿๧ภ๴๪๪ภ๷๹ภ๩๪ภ๨๴๿ภ๪ଳภ๥߸๴๿ภ๴ຉ๙ภ๴๪๪ภ38ৄภ๥๙ภ๵๙ภ๧ภ๷๗ภ๷ᆮ๧ภ ๴๤๪ภ๨๴๿ภ๴๤ᆸ๧ภ๪ುງ๥ภ୛ຉ๗ภ๮๧ภᆧງภᆧງภ๪๲๿๧ภ‫ډ‬ภகภ๪๕๷ภ๪๴๿ภ๴ຉ๙ภ๴๪๪ภৄภৄ๥๨ภ๼ᆩ๧ย  Ȳ๿๬๹ภ๥ᆸ๧ภืุ๨ย๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ୶๿๹ภ๲๿๪ย ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ๗ภᆧภ ଳ๷ภ ๗ઈ๙ภ୶๿๹ภ๲๿๪ภ๥๪๙ภ๴๯ᇇ๧ภ˚๿๹ภ๙ᆸภഠຉᆧภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภৄ๷ภ๬‫ك‬๧ภ˚๿ภ୶๿๹ภ๲๿๪ภ๨ภ๗ᆩ๹ภ ๷ᆸภ ๴๖ᆸᆧภ୶๿๹ภ๲๿๪ภ๪ଫ๪ภ๥๗ᆸย ୶๿๹ภ๲๿๪ภ๷๬ภೲຉ๧ภৄภ ଳ๷ภ๗ઈ๙ภ୶๿๹ภ๲๿๪ภ๥๪๙ภ๴๯ᇇ๧ภ˚๿ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๷๹ภഁງภৄภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภˠຉ๹ภ๪೺ᆧภ๤ᆸ๗ภ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸย ୶๿๹ภ๲๿๪ภ๨ภৄภ๗ᆩภ ୶๿๹ภ๲๿๪ภ೘๧ภઈภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๹ᆸภ๹ᆸ๴๿ภ୶๿๹ภ๲๿๪ภ๮ᇍ๗๹ภϭ๙ภகภ ๴๪๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย ୶๿๹ภ๲๿๪ภ๨ภ๗ᆩ๹ภ࠘๷ภ๬๿ภ೘๧ภઈภ๴๥ᆩภகภ ୶๿๹ภ๲๿๪ภ๮ᇍ๗๹ภϭ๙ภ๗ᆩ๹ภ๪ುᆧภ ๲๿๪ภ๬๤ᆩ๷ภࡲ๿๧ภ๴๪๥ภ๲๿๧ภ๧ภ๷๹ภ೘๧ภઈภ๥ᆮภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ ๮ᇍ๗๹ภϭ๙ภ๗ᆩภ๪๹๬ภ๴๛ᆧภ ๵๙ภ ๧ภ ๪௟ภ୑ຉ๗ภ˟๪ภ๴ࣤ๹ภৄภ๪๕ᆸ๥ภ๥ᆮภ ๬๥ᆸภ๛ᆮ๧ภ๪๕ᆸ๥ภ๮ᇍ๗๹ภ๧๙ภ࠘๷ภ๧ᆩภ๥๙ภ ๬๥ᆸภ๛ᆮ๧ภ๪๕ᆸ๥ภ ๮ᇍ๗๹ภű๿๹ภ೘๧ภઈภ๥ᆮภৄภ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๧๙ภ࠘๷ภ๥๗ᆸย   ¡…  འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། 39

Article 24: Safety of records of co-operatives. All registered co-operatives shall maintain official records required by this Act, which includes directory of members, official receipts, duly audited financial statements, annual reports, and minutes of meetings of the General Assembly, board of Directors and committees. The Board of directors shall prescribe the policies required for the maintenance of record.

Article 25: Allocation and distribution of net surplus. The net surplus of a co-operative shall not be construed as a profit but as a excess of payment made by a member from his/her business transactions with the co-operative. At the end of the accounting period, the net surplus shall be allocated in the following order of distribution: (1) Reserve fund of a minimum of thirty percent (30%); (2) Co-operative education and training fund (CETF) of ten percent (10%); (3) An optimal fund of not more than ten percent (10%); (4) Interest on capital and patronage refund of the remaining balance after deducting items (1), (2) and (3) in this article. The Co-operative (Amendment) Act of Bhutan, 2009 27 Ȳ๿๬๹ภ๥ᆸ๧ภืู๨ย๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๵ᆩ๗ภ๤ᆸภৄภ๗ᆩภ഻๙ภುຉ๪๹ย ๤ᆸภ๪๕ᆸ๥ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗ภᆧภ๗ᆩ๹ภ ๪๚๴ภȲ๿๬๹ภ๴๥ᆩภ๧๙ภ๥๗ᆸ๨ภ๴๪๥ภ๵ᆸ๥ภ๬๿ภ๗ᆩภ ๵ᆩ๗ภ ๮๙ภ๗ᆩภ‫ۑ‬๧ภ๴๯ᇇ๧ภ๵ᆩ๗ภ๤ᆸภৄภ๗ภᆧภ๪๥๗ภ๴๯ᇇ๧ภ๴๤๪ภೲງภ๪๲๗ภ๥๗ᆸย ๥ᆮภ๗ᆩภˠ๙๹ภಸภ ๴‫ك‬๹ภ ๬๿๴๿ภ๬๿๙ภ๥๙ภ๖ภࣟ๙ภ๤ᆸภ๥ᆮ๪ภ๵ᆩ๗ภ๮๙ภ๗ᆩภ๴ࣟຉᆧภ୑๗๹ภৄภ ୶๿๹ภ๲๿๪ภଫ๪ภ๮ᆧภ๪๴๿ภ๥̣๷ภ๷๹ภ ๗๹๷ภ๪ିຉ๥ภৄภ๥๙ภ๷ᆸภ๴๖ᆸᆧภ೘๧ภઈภ๥๙ภ ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๥๙ภ ๪๕ᆸ๥ภ๮ᇍ๗๹ภ๲๷ภ ๴๯ᇍ๬๹ภ ๮ᇍ๗๹ภϭ๙ภ๗ᆩภ๲๷ภ๴๯ᇍ๬๹ภৄภ๗ᆩภˠຉ๹ภ๛๥ภৄภ๼ᆩ๧๬ภ๪๲๿๧ภ‫ډ‬ภ๪๕ᆸ๥ภ๮ᇍ๗๹ภű๿๹ภ๵ᆩ๗ภ ๤ᆸภ๥ᆮภৄภ๴๯ᇇ๧ภುຉ๙ภ๴๤๪ภ๧ᆩภகภ๥๗ᆸภ๨๴๿ภഽ๿๧ภࣛ๹ภৄภ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸย  Ȳ๿๬๹ภ๥ᆸ๧ภืฺ๨ยధ๗ภ๤ᆮ๪๹ภ๙ᆮ๹ภ๣ᆩ๗ภ๤ᆸ๧ภ๬๿ภৄภ୶๿๹ภ๧๙ภ๪অ๗ภ๧ᆩภ๥๙ภ๪๗ᆸภ๪Ź๬ภ๴๪๥ภ๤๙๹ย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๬ภ๥̣๷ภధ๗ภ๤ᆮ๪๹ภ๙ᆮ๹ภ๣ᆩ๗ภ๤ᆸ๧ภ๬๿ภৄภ ๖ᆮภ๪๹๙ภ๴๪๥ภ๪୶๿๹ภ๣ᆮภ๷๗ภ ๨ᆧภഖຉ๥ภ๧ᆩภ๬๿๧ภ๨ᆧภ ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩ๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ ๮ᇍ๙ภஔภഖຉ๥ภ๷ᆮ๧ภ ๧๙ภகภ๥̣๷ภ๤ᆮ๪๹ภഖຉ๥ภ๵ᆸ๥๨ภ๴๪๥ภ๪୶๿๹ภ๣ᆮภ๪๲๗ภ๧ᆩภ๼ᆩ๧ย୶๿๹ภű๿ภ‫ډ‬๹ภ૱๧ภ୻ຉ๗๹ภ๬๮๬๹ภ கภ ధ๗ภ๤ᆮ๪๹ภ๙ᆮ๹ภ๣ᆩ๗ภ๤ᆸ๧ภ๬๿ภৄภ๗ᆩภ๪๗ᆸภ๪Ź๬ภ๗๸๬ภ๗๹๷ภ๗ᆸภᆧ๿๬ภ௟ᆧภ˚๿ภ୶๿๹ภ๧๙ภ๪অ๗ภ ๥๗ᆸย ึ ๪ଳภ๥߸ภж๙ภ๸ᆸ๹ภุี઩ᆧภ๗๹ᆸ๗ภ๬ภ๥̣๷ภ๧๙ภย ื ๪ଳภ๥߸ภึี๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๸ᆮ๹ภ๵ᆸ๧ภ๥๙ภഠຉ๙ภ๪୛ᆧภ๬ภ๥̣๷ย  ุ ๪ଳภ๥߸ภึี ๷๹ภ๬ภధ๗๨ภ๚ᆩ๗ภ ๗๥๬๹ภ๖ภ๚๧ภ˚๿ภ๷๹ภഁງภ๗๙ภଥ๙ภ๗ᆩภ๬ภ๥̣๷ภ ๧๙ภย 40 ู Ȳ๿๬๹ภ๥ᆸ๧ภ๴๥ᆩภ๗ᆩภ๧๙ภ๗๹ᆮ๹ภ ๥ᆸ๧ภ๮๧ภึ๨ภ๥๙ภื๨ภ๥๙ภุ๨ภৄภ๩๪ภ๨๴๿ภధ๗ภ க๹ภ๴๥ᆩภ ๬ภ୶ภ๗ᆩภುງ๥ภ୶๿๹ภˠ๙๹ภಸภ๥๙ภ ଳ๪ภುຉᆧภ๨ภৄภ๷๹ภ๪ು๿๧ภ๮๪ภ๷ᆸ๗ภ๥๗ᆸภ ๨๴๿ภ๬ภ๥̣๷ภ๮๪ภ๬ภ๥ᆸ๧ภகภ๪๲๗ภ๧ᆩย  ¡‰ ઩ᆧภ๗๹ᆸ๗ภ๬๥ภ̣๷ย འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། Reserve fund. This is a buffer fund of the co-operative to cover for its financial limitations that are brought about by economic or business dislocations such as price fluctuations or inflation or brought about by fortuitous events such as earthquakes and fires and to meet net losses in its business operations. Its purposes are to protect or restore the stability of business operations and to build confidence among members and the community. Any sum recovered on items previously charged to the reserved fund shall be credited to such fund. The reserve fund cannot be divided among members in case the co-operative is dissolved. Instead, the fund, upon the dissolution of the co-operative, the general assembly may decide to distribute in the following manner: a) establish a trust fund for the federation where it belongs and to the union, and/or b) donate to the communities covered by the area of operation of the co-operative. Co-operative education and training fund (CETF). Of the total amount allocated to this fund, the co-operative shall utilize fifty percent (50%) for its own education and training program that should aim to inform the members of the policies and programs of the co-operative. It shall also be used for the specialized and advanced trainings of the staff, board and committee members. The other fifty percent (50%) shall be remitted to the union of co-operatives. The Co-operative (Amendment) Act of Bhutan, 2009 28 ๨๴๿ภ๬ภ๥̣๷ภ๮๪ภ๬ภ๥ᆸ๧ภகภ๪๲๗ภ๧ᆩย  ઩ᆧภ๗๹ᆸ๗ภ๬๥ภ̣๷ย ઩ᆧภ๗๹ᆸ๗ภ๬ภ๥̣๷ภ๴๥ᆩภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภഓ๿ภ๥̣๷ภ๴๪๥ภ๪๲๗ภ๧ᆩภ๼ᆩ๧ภ๬๿ภ๴๥ᆩภ๵๙ภ ๥๨๷ภ ๴ࣟຉᆧภ๮ᇍ๙ภஔภ๴˚ຉภ๬ภ๪‫נ‬๪ภ๨๴๿ภ๪೐๙ภகภ ๥๨ᆮᆧภ๧ภ ๚ภ๧๬ภ˚๿ภ๗ᆸ๙ภ๮๥ภ๵ᆧภ๹ᆮ๙ภ๬ᆧภ๴๪๪ภ๥๙ภ ᆧ๙ภ ๪๲๿๧ภ˚๿๹ภ๴ࣛ๙ภ๪๴๿ภ๴๜ᆩ๗๹ภ๨ภ๹ภ๵ᆸ๬ภ๥๙ภ๬ງภଫງ๧ภ ๮ᇍ๙ภஔ ๬ภ୶๴๿ภ๤ᆸ๗ภகภ˚ຉ๙ภ๩ᆸ๗ภ๬๿ภৄภ๗ᆩภ˚ຉ๙ภ଴๥ภ ๗๹ᆸภ๤๪๹ภű๿ภ๥ᆸ๧ภகภ๴ˠຉภ๹ᆸ๙ภ๗๣๙ภ๧ᆩภ๗ᆩภ๬ภ୶ภ๴๪๥ภ๪๲๗ภ๧ᆩภ๼ᆩ๧ย ๥ᆮ๴๿ภ๥ᆸ๧ภ๥๗ภ୶ภ๪ภ๥ᆮภᆧ๙ภ ๮ᇍ๙ภ๗ᆩภ ๷๗ภ๷ᆮ๧ภ๪୑๧ภ๤๪๹ภű๿ภ഻๙ภುຉ๪ภ๥๙ภ ๵๙ภ๧ภ ๝๬๹ภ๗๹ᆸภ๥๙ภ๴‫ك‬๹ภ๬๿ภৄภ๥๙ภ๬๿ภഁງภ๗ᆩ๹ภࣧຉภ๗๣๥ภ ৄ๗๹๨ภ๪๳ຉภ๧ᆩภ๗ᆩภ๥ᆸ๧ภகภ๼ᆩ๧ย ๻ງภ๬ภ๷๹ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภஔภ๗ᆩภୣ๬ภˠ๙๹ภ๗๚ᆩ๗ภகภ๪୑ງ๧ภ๣ᆮภ ઩ᆧภ ๗๹ᆸ๗ภ๬ภ๥̣๷ภ˚๿ภ๥ᆸ๧ภகภ๪ು๿๧ภ๮๪ภ๷ᆸ๗ภ๤ᆸ๪ภ๬๿ภ๗ᆩภ๬ภ๥̣๷ภৄภ๥ᆮภ๪઩๬ภ๬๴๿ภ୶๿๹ภ๧๙ภ๪অ๗๹ภ๧ᆩภ๼ᆩ๧ย ઩ᆧภ๗๹ᆸ๗ภ๬ภ๥̣๷ภ๴๥ᆩภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๛ภ๬ງ๥ภ๴˚ຉภଥ๙ภ ๴‫ك‬๹ภ๬๿ภৄภகภ๪๗ᆸภ๪Ź๬ภଫ๪ภೲງภഖຉ๥ภ ઩ᆧภ ๬ภ๛๗ᆸ๗๹ᆸ๨ภ๗๼ภ๬ᆩ๧ยภ๥̣๷ภ๬๝๬ภ ๴๥ᆩภ๷๬๝๬ภ ๹ภ๮ᇍ๗๷๹ภ๹ภഁ๮ງภ๛ᇍ๗ภ๬๹ภງ๥ഁภ๴ງภ๛˚ຉภ๬๱ງ๥ภ๥ภ๴ภ˚ຉภଥ๬ภ๙ภ๥̣๷ภ ๴‫ك‬๹ภ๥ᆮภ๬๿ภৄ๵ᆸภக๙ภ๹ภ๪๗ᆸȬภ๪ภ๪Ź๬ภ๮ᇍ๗๹ภଫ๪ภ๴‫ډ‬ภೲງภ๗ഖᆩ๹ຉ๥ภภ ๬ภ๛ᆸ๗๨ภ๗๹๷ภ ๗๸๬ภ ๼ᆩ๧ย๷๬ภக๬๝๬ภ ๗๹ภ๷๥๙ภ๹ภ๪๮೫๧ภ ᇍ๗๹ภ๣ഁᆮภງภ๛๪๗ᆸภ๬ງ๥ภ๪ภ๴Ź๬ภ˚ຉ๱๴ภ๥๪๥ภภ๥๗ᆸ๬ภย๥̣๷ภ๥ᆮภ ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๗ᆩ๹ภ ๗๸๬ภ  ๗๹๷ภ ๕๷๬ภகഓ๿๗๹ภ ภ๬‫ك‬๧ภ๥๙ภ๮๪ᇍ๗೫๧ภ๹ภഁ๣ງภᆮภ๥๙ภ๪๗ᆸภ๪Ź๬ภ๮ᇍ๗๴๹ภ๪๥ภഁ๥ງภ௟๗ᆸງภ๪ยภ๗ภ๗ᆩภ๖ᆸ๙๹ภ41ಸภ๗๣ᆸ๗๹ภ๨๴๿ภ๮ᇍ๗๹ภ๨ภ๥ᆮ๴๿ภ ๕ ഓ๿ࣧຉภภ๗๬๣๥ภ ‫ك‬๧ภ๬๮ภ๥ᇍ๗̣๷ภ ๹ภഁ๗ງภ๥๲๿๙ภภ๪অ๗๹ภ๮ᇍ๴๗๪๥ภ ๹ภഁ๧ງภ௟ᆩยງภ๪ภ๗ภ๗ᆩภ๖ᆸ๙๹ภಸภ๗๣ᆸ๗๹ภ๨๴๿ภ๮ᇍ๗๹ภ๨ภ๥ᆮ๴๿ภ ๖ ࣧຉ๬๝๬ภ ภ๗๣๥ภ๷๬๹ภภ๥๮̣๷ภ ᇍ๗๹ภ๗ഁ๲๿ງ๴ภ๿ภ๪๷অ๗๹ภ ๗ภ๷ᆮ๧๴ภ˚๪๥ภ๿๹ภ๧ᆩยȬ๪ภ๖ᆸ๙๹ภ๧๙ภৄ๥ภ๨๴๿ภ๹ภ๗๧๹ภű๿ภ๬๿ภഁງภৄภ ๖ கภ๬๝๬ภ ๲๷ภ๷๴๹ภ๥ᆮ๮๪๹ภᇍ๗๹ภ๴๪๥ภ ഁງ๴ࣟ๿ภ๷๿๧๗ภภ๧๷ᆩยᆮ๧ภ˚๿๹ภ Ȭ๪ภ๖ᆸ๙๹ภ๧๙ภৄ๥ภ๨๴๿ภ๹ภ๗๧๹ภű๿ภ๬๿ภഁງภৄภ  கภ๲๷ภ๴๥ᆮ๪๹ภ๴๪๥ภࣟ๿๧ภ๧ᆩย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๸ᆮ๹ภ๵ᆸ๧ภ๥๙ภഠຉ๙ภ๪୛ᆧภ๬ภ๥̣๷ย ๬๝๬ภ ๷๹ภ๥๷ᆸ๧ภ๹ภ๴๥ᆩ๮ภ๗ᇍ๗ᆩภ๹ภ๥ᆸ๧ഁภகງ๴๿ภภ๸ᆮ๹๪๲๗ภ ภ๵ᆸ๧ภ๥ೲ๙ภງภ๵ᆸ๥ഠຉภ๨๙๴๿ภ๪ภ๥୛ᆧภ̣๷ภ๬๪ภ๥ഁຉ̣๷ย ๪๹ภ๤ᆸ๗ภ๷๹ภ ๪ଳภ๥߸ภฺี ๤๬ภ๨ภ ๮ᇍ๗๹ภ ๷๹ภ ഁງ๴๿ภഽ๥ᆸ๧๿๥ภภࣛ๴๹ภ๥ᆩภ๗๥ᆩภ๙ภ๥ᆸ๧ภக๷๹ภภ ᆧ๪๲๗ภ ๿๬ภৄภೲງภ๵๴‫ك‬๹ภᆸ๥ภ๨๴๿๬ภ๥๿ภৄ̣๷ภภகภ๪๗ഁຉᆸภ๪๪୛ภ๹ภഖ๤ຉ๥ᆸ๗ภ๧ภ๷ᆩภக๹ภภ๥๬๿๪ଳภ๗๹ภ๥߸ภ๨ฺ๴๿ีภ๮ᇍ๗๤๬ภ ๹ภഁ๨ງ๴ภ๿ภ๸ᆮ๹๮ᇍภ๗๵๹ภᆸ๧ภ ഁງ๴ഠ๿ภഽຉ๙๿๥ภภ๪ࣛ୛ᆧภ ๥๙ภ ๹ภ๥˚๙ภ๿ภ๥ᆸ๧๷๹ภภகภഓᆧຉ๥๿๬ภ๥ภৄ๗ᆸภย ๴‫ك‬๹ภ ๥ᆮภ๬ภ๮๬๥ภ๿ภৄภக๵ᆩภ๗๗ᆸภ๪ภ๮୛ภ๙ภഖ๗ຉ๥ᆩภภ๷๧ᆩภ๹ภக๗ภ๵ᆸ๥๬๿๗ภ๨๗ภ๥๹ภ๙ภ๨๪๴๿๕ᆸภ๮๥ᇍ๗ภ๮๹ภᇍ๗ഁ๹ภງ๴๥๿ภ๸๙ภᆮ๹๮ภᇍ๗๵๹ภᆸ๧ภ ๥๙ภഠ๗ຉ๙ᆩภ๴ภ๪‫ك‬๹ภ ϭ๙ภ ୛ᆧภ๬˚๿ภৄ๿ภ๥ภகᆸ๧ภภகภഓ๥๬๿ຉ๥ภ๥๗๗ᆸ๹ภย๪๹๷ภ ๥ᆮภ๬๸ภ๮ᆮ๹๥ภภ๵ᆸ๧ภ๵ᆩ๥๗๙ภภ๬๮๤ᆸ๙ภภ๗ᆧᆩภ๿๬๷ภഠ๹ภຉ๙๗ภ๪๵ᆸ୛ᆧภ ๗ภ๨˚ภ๥๿ภ๥๙ภᆸ๧๪ภக๕ᆸภ๥๴ภ๮ˠຉᇍ๗ภ๹๹ภᆸ๙ภ๥๗๙ภ๣๙ภ๮ᇍ๗๥๹ภ๗ᆸภ ϭ๙ภ ๬๿ภৄ๗ภ๵ᆩภ๴๙ภ‫ك‬๹ภ ๬ภ๬๥๿ภ̣๷ภ ৄภக๴ภ๥ᆩภ๤๥๬๿ᆸ๗ภ๗๷๹ภ๹ภ๪ഓ๹๷ภ ຉ๥ภ๥๗ᆸ๸๨ᆮ๹ภภ๼๵ᆩ๧ᆸ๧ยధ๗ภ ภ๥๙ภ๬๤ᆸகภᆧ๹ภ๿๬๪ภଳภഠຉ๙๥ภ߸ภ๪୛ᆧภ ˚๿ภ๥ᆸ๧ภ๬ภக๝๬ภภ๴ˠຉ๷ภ๹๹ภᆸ๙๮ภ๗ᇍ๗๣๙ภ ฺี๴๥ᆩ ๹ภഁ๥ງภ௟๗ᆸງภภ ๬๿๪๴๿ภৄภ୶ภ๵๿๹๙ภภ๧๙ภ๬ภ๪๥অ๗ภ̣๷ภ๥๴๗ᆸ๥ᆩยภ๤ᆸ๗ภ๷๹ภഓຉ๥ภ๥๗ᆸ๨ภ๼ᆩ๧ยధ๗ภக๹ภ๪ଳภ๥߸ภฺี๴๥ᆩภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ௟ງภ ๪๴๿ ¡¸ ภ୶๿๹ภ๧๙ภ๪অ๗ภ๥๗ᆸย འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ།  Optional fund. This fund may be created by the general assembly to raise funds to acquire properties and to contribute to the economic and educational advancement of communities. Interest on capital and patronage refund. The remaining balance of the net surplus shall be made available to members as interest on their capital and as refund for their patronage of the products and services. CHAPTER VII Merger, dissolution and insolvency of Co-operatives

Article 26: Merger and consolidation of co-operatives. Two or more co-operatives may merge with and be absorbed by another co- operative that shall continue the purpose of the merged co-operatives. Two or more co-operatives may consolidate into a new, single co-operative. Merger or consolidation shall be pursued as a strategy of co-operatives to increase resources and expand or diversify operations for the common economic and educational interest of members and community. The Co-operative (Amendment) Act of Bhutan, 2009 29 ๗๥๬ภ๖ภ๥๙ภ๴Ȳ๿๷ภ๪๴๿ภ๬ภ๥̣๷ย ๗๥๬ภ๖ภ๥๙ภ๴Ȳ๿๷ภ๪๴๿ภ๬ภ๥̣๷ภ๴๥ᆩภ ๵ᆸ๙๹ภȬ๪ภ๮ᇍ๗๹ภ๴‫ډ‬ภ๗ᆩ๹ภ๪๳ຉภ๧ᆩภ๥๙ภ ๥̣๷ภ๴๥ᆩภ ଱ภ๥๙ᆸ๹ภ ๬๖ᆸภ್๪ภ๴๪๥ภ๧ᆩภ๥๙ภ ๬๿ภഁງ๴๿ภ๥๨๷ภ๴ࣟຉᆧภ๥๙ภ๸ᆮ๹ภ๵ᆸ๧ภ ๵ᆧภ๴๤ᆸ๧ภ˚๿ภ๥ᆸ๧ภகภ๲๷ภ๴๥ᆮ๪๹ภ๴๪๥ภ ๪অ๗ภ๧ᆩ๴๿ภ๥ᆸ๧ภகภ๬ภ๥̣๷ภ๵ᆧภ๹ᆮ๙ภ๪๳ຉภ๥๗ᆸ๨ภ๼ᆩ๧ย  ๬ภ୶ภ๤ᆸ๗ภ๗ᆩภುງ๥ภ๥̣๷ภ๥๙ภଳ๪ภುຉᆧภ๨ภ๷๹ภ๪ು๿๧ภ๮๪ภ๷ᆸ๗ภ๥๗ᆸภ๨๴๿ภ๬ภ๥̣๷ย ๬ภ୶ภɏภ๷๹ภ๙ᆮ๹ภ๣ᆩ๗ภ๤ᆮ๪๹ภக๹ภ๬๿ภ๗ᆩภ๬ภ๥̣๷ภ๴๥ᆩภ ๴‫ك‬๹ภ๬๿ภৄภகภ๖ᆸภᆧ๴๿ภ๬ภ୶๴๿ภುງ๥ภ๥̣๷ภ๪઩๬ภ ๚ᆩ๗ภ๥๙ภ ๥ᆮภ๷๹ภ๴‫ك‬๹ภ๬๿ภৄภ๗ᆩภ๴๤ᆸ๧ภುງ๥ภ๥๙ภ๲๪๹ภ๣ᆸ๗ภஔภৄภ ๴๗ᆸภ๴‫ۑ‬ງ๧ภ๴๤๪ภ๵ᆸ๥ภ๨๴๿ภ๴ˠຉภ๹ᆸ๙ภ๗ᆩภ ๪ು๿๧ภ๮๪ภ๥๙ภଳ๪ภುຉᆧภ๨ภৄภ๷๹ภ๷ᆸ๗ภ๥๗ᆸ๨ภ๵ᆸ๥ภ๬๿ภ๗ᆩภ๮๪ภ๪઩๬ภ๚ᆩ๗ภ๴๪๥ภ๴๤ᆸ๪ภ๥๗ᆸ๨ภ๼ᆩ๧ย  ๷ᆮ્ภ๪‫ډ‬๧ภ๨ย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๪ഁ๪ภ๧ᆩภൿ๬ภ๧ᆩภ๥๙ภ୶ภೲຉ๙ภ๪๣ᆸ๧ภ๧ᆩภৄย Ȳ๿๬๹ภ๥ᆸ๧ภื฻๨ย๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗๚ᆩ๗ภ๖ᆧภ๪ഁ๪ภ๧ᆩภ๥๙ภ๗๚ᆩ๗ภ๪ഁຉ๬๹ภ๪๳ຉภ๧ᆩย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗๝ᆩ๹ภ๥๙ภ ๗๝ᆩ๹ภ๷๹ภధ๗ภ๨๴๿ภᆧ๿๗๹ภ๗๚ᆩ๗ภ๖ᆧภ๪ഁ๪ภ๧ᆩภ๥๙ภ ๵๙ภ๧ภ ๬๝๬ภ ๷๹ภ๮ᇍ๗๹ภഁງภ๗๲๧ภ๧๙ภகภ๪ഁ๪ภ๥๗ᆸ๨ภ๤ᆸ๧ภ๨ภ๚ᆩ๧ภ ๥ᆮภതງภ๪ഁ๪ภ๮ᆧภ๲๿๧ภ๧ภ๷๹ภ ๴ࡴຉภ๬‫ك‬๥ภ๥ᆮภᆧ๙ภ ๗๚ᆩ๗ภ๖ᆧภ๪ഁ๪๹ภ๪ഁ๪ภ๨๴๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๴๪๥ภ๪๲๗ภ๥๗ᆸย ๬๝๬ภ  ๷๹ภ๮ᇍ๗๹ภഁງภ๗๝ᆩ๹ภ๥๙ภ ๗๝ᆩ๹ภ๷๹ภధ๗ภ๨๴๿ภᆧ๿๗๹ภ๗๚ᆩ๗ภ๖ᆧภ๪ഁຉ๬๹ภ๣ᆮภ๗๹ᆧ๨ภ๚ᆩ๗ภ๴๪๥ภ ๪๳ຉภ๛ᆸ๗ย 43 ๗๚ᆩ๗ภ๖ᆧภ๪ഁ๪ภ๧ᆩภ๥๙ภ ๵๙ภ๧ภ ๪ഁຉ๬๹ภ๧ᆩภ๴๥ᆩภகภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๖ภ‫ك‬๗ภ๷๹ภ๴‫ك‬๹ภ๬๿ภৄภ ๥๙ภ ๬๿ภഁງ๴๿ภഓ๿ภ๥ᆸ๧ภ๥๨๷ภ๴ࣟຉᆧภ๥๙ภ๸ᆮ๹ภ๵ᆸ๧ภ˚๿ภ๬๤๴ภ๥ᆸ๧ภகภ ๴๤ᆸ๧ภƥ๙๹ภ๵ᆧภ๹ᆮ๙ภ๪๳ຉภ๧ᆩภ ଳภ ๪ುງ๥ภ๥๙ภ๗๧๹ภೆ๪๹ภୣ๬ภ๨ภഎภ๮ᇍ๗๹ภű๿ภ๷๗ภ๷ᆮ๧ภ๪Ź๬ภ๧ᆩภ๗ᆩภ๤๪๹ภ๷๬ภ๖๗ภ๛ᆮภ๻๿๙ภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๴๪๥ภ๥๗ᆸย  ¡· Ȳ๿๬๹ภ๥ᆸ๧ภื฼๨ยൿ๬ภ๧ᆩภ๥๙ภ୶འབྲภೲུགຉ๙་གภ๪ི་མ๣ᆸཉམ་๧ภལ๧ས་ᆩยཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ།

Article 27: Dissolution and insolvency. Voluntary dissolution If the dissolution of a co-operative does not prejudice the rights of any creditor having a claim against it, the dissolution may be effected by a two- thirds vote of the General Assembly called for that purpose. When the dissolution of a co-operative may prejudice the rights of any creditor, the petition for dissolution shall be endorsed by a two-thirds vote of the General Assembly called for that purpose and filed with the MoAF that shall effect the decision. Involuntary dissolution A co-operative may be dissolved by order of a court after due hearing on the grounds of (1) violation of any laws, rules, or provisions of the constitution and by-laws; or (2) insolvency. Dissolution The certificate of registration of a co-operative may be suspended or revoked in a court of law through legal process. The Co-operative (Amendment) Act of Bhutan, 2009 30 ๴๪๥ภ๥๗ᆸย ๴๪๥ภ๥๗ᆸย   Ȳ๿๬๹ภ๥ᆸ๧ภื Ȳ๿ ฼๨ยൿ๬ภ ๬๹ภ๥ᆸ๧ภᆩื๥๙ภ୶ภೲ ฼๨ยൿ๬ภ ຉ๙ภ๪๣ᆸ๧๧ภ ᆩภ๧๥ᆩย๙ภ୶ภೲຉ๙ภ๪๣ᆸ๧ภ๧ᆩย ๥๙ภ๷ᆮ๧ภ˚๿ภ๤ᆸ๗ภ๷๹ภ๥๙ภൿ๷๬ภᆮ๧ภ๧ᆩย˚๿ภ๤ᆸ๗ภ๷๹ภൿ๬ภ๧ᆩย  ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๬๝๬ภ ൿ๬ภ๷๧ᆩภ๹ภ๴๮๥ᆩᇍ ภ๗๗ᆩ๹ภ๹ภഁງภൿ๬ภ๧ᆩภ๬ภ๴๥ᆩ୶ภ๗๪ᆩ๹ภঅ๗๹ภ  ๬๿ภ๴๬ภ‫ك‬๹ภ୶ ๪๬๿ภ๗অ๗๹ภ ๙ภଥ๬๙ภ๿ ๴๗ᆩภ๤‫ك‬๹ภᆸ๪๬๷๿ภ๗๬ภ๙ภகภଥ๙ภ๗ᆩภ๤ᆸ๪ภ๷๬ ๗๹ภഁງภ๥๙ภ ഓ๿ภ๬‫ك‬๧ภ ುຉ ๬๩๝๬ภ ᆸ๗ภ๨๷ภ๚๹ภᆩ๧ ๮ᇍ๗ುຉ๹ภ๧๥ᆮ๩ഁภ ᆸ๗ງภᆩภภ๥๨ᆸ ภ๧ภ๚ᆩக๧ภ๴๯ᇍ๬๥ᆮ๹ภ๗๨ᆩภ๥๴๿ᆸภ๧๵ภ ᆸக๙ภ๹ภ๴๯ᇍȬ๬๪ภ๮๹ภᇍ๗๨๴๿๹ภ๴๵ᆸ๙‫ډ‬ภ๹ภ๗ᆩȬ๴๪ภ‫ك‬๹ภ๮ᇍ๗๬๿ภ๹ภ๗๴ಸ๬ภ ‫ډ‬ภ๗ᆩ๥ภ๴߸ภื‫ك‬๹ภ๬๿ภ๗ಸ๬ภ๥߸ ๹ภഁງภৄภகภ ๥̣๷ภ๴ࣤງű๿๷๹ภஔ๪ภ๗‫נ‬๪ภᆩภ๲๨๴๿๪๹ภภ๮๣ᇍ ᆸ๗ű๿๗ภ๹ภ๥ᆸଳ๪๧ภ๧ภ‫נ‬๪ภ๨๴๿ অ๗๹ภภ๮ᇍ๨๗ภ๚๹ภᆩ๧ଳภൿ๧ภ๬ภ๪ ๛ᆸ๗ অ๗๹ภ๨ภ๨๼ภᆩ๧๚ᆩ๧ยภൿ๬ภ๛ᆸ๗๨ภ๼ᆩ๧ย ๴๿ภ๥̣๷ภ๖๙ภ๚ᆩ๗ภ๪অ๗๹ภ๬๝๬ภ๣ᆮภ๷๥ᆮ๹ภ๗๮ᆩ ᇍ๹๗ภ๹ภഁງภ๬๝๬ภ ๥๨๷ภ๬ภ๷๧ᆩภ๹ภ๴๮๥ᆩᇍ ภ๗๗ᆩ๹ภ๹ภഁງภൿ๬ภ๬ภ୶๧ภ ᆩ๪ภ๴๥ᆩঅ๗๹ภ ൿ ภ๗ᆩ๹๬ภ ๿ภ๴๬ภ‫ك‬๹ภ୶ ๪๬๿ภ๗অ๗๹ภ ๙ภଥ๬๙ภ๿ ๴கภ‫ك‬๹ภ๗๧ᆸ๬๿ภ๥๗ภ๙ภುຉଥ๧ภ๙ภ๬ງக๥ภ ๗๧ᆸ๥ภುຉ๧ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๨ภ๚ᆩ๧๬ภ๥̣๷ภ ൿ๬ภ˚๧๿ᆩภ୑๗ງ ᆩภ๨ภ๧๥ᆸ๚๗๧ᆩ ภ๧๲๿கภ ภภ࠘๷ภൿ๬ภ๪๧๴๿ᆩภ ภ๗ઈᆩภ ภ๥๮ᆸ๧ᇇ๗ภ ภக๴ภ࠘๥ᆩภ๷ภ๗ᆩภ๪๥ᆸ๴๿๧ภઈகภภ๮ᇇ๗ภ๴๯ᇍ๴๥ᆩ๬ภ๗๹ภᆩภ๥๨ᆸ๧๴๿ภ ภக๵ภ ᆸ๙๹ภ๴๯ᇍȬ๬๪ภ๮๹ภᇍ๗๨๴๿๹ภ๴๵ᆸ๙‫ډ‬ภ๹ภȬ๪ภ๮ᇍ๗๹ภ ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸย๴‫ك‬๹ภ๬๿ภ๗ಸ๬ภ๥߸ภ๴‫ك‬๹ภ ืű๿๬๿ภ๗๹ภ๛ಸ๬ภภ๴๥๜ᆸ߸ภ๗ภื๮ᇍ๗ű๿๹ภ๹ଳภ๛๧ภ๪๴๜ᆸ๗ অ๗๹ภภ๮ᇍ๥๗๗ᆸ๹ภ๧ଳᆩภ๥๧ภ๙ภ๪ ๥ᆮঅ๗๹ภภக๥๗๹ภ๗ᆸ ๧űᆩภ๿ภ๥ઈ๙ภภ๪ภ๥ᆮภ๹ᆸகภ ๗๹ภű๿ภઈภ๪ภ ๙ภ๴๯ᇇ๧ภ˚๿๹ภ ๹ᆸภ๧๬ภధ๥๧ภ๙ภ๧๖๗ภ๗๹ภக๮࠘๷ภ๧๬ภధ๲๿ధ๧ภ๧ภ๬ภ๖๷๗ภ๹ภகภ࠘๥ᆮภ๷ภ๗ᆩภ๲๤๿๧๗ภ๬ภ๪๷๚๥ภ๹ภ๥๙ภ๥ᆮภ๴๗ᆩภȲ๿๤๷๗ภภ๣๪ᆮภ๴๚๥ภ๪๥ภ๥๥๙ภ๗ᆸ๴ยȲ๿๷ภ๣ᆮภ๴๪๥ภ๥๗ᆸย ๗๹ภഁງ๴๿ภ๷๹ภഁ ງภৄภ๥๙ภ๗๚ᆩ๗ภ๖ᆧภ ˠຉ๹ภ๪೫๧ภ ๹ภഁງ๴๿ภ ๥̣๷ภ๖๙ภ๗๥๙ภᆩภ ๷๥̣๷ภ ᆮ๧ภ๬ງ๧ภ˚๨๿ภ๴๿๷ภ๤๗ภᆸ๗๷ภ๷ᆮ๧๹ภภ ൿ๬ภ๧ᆩย 44 44 ภৄภ ๗๹ᆧภ๪๣ᆸ๧ภ๥๙ภȲ๿๬๷๗ภ๹ภű๷๿ภ๴ᆮ๧‫ډ‬๧ภ ภ๴๤๪ภ๹ภ๚๥ᆩ๗๗ᆸภ๨๷ภ๹ภ๗๸๬ภ๗๹๷ภ๗๧๥ภ๥ᆸ๧ภ๗๙ภଥ๙ภ๚ᆩ๗ภ๗ᆩภ๤ᆸ๗ภ๷๹ภ ୶ຉ๥ภ๗๲๿ภ೘๧ภ ๷๹ภ๥๪๙ภ๴๯ᇇ๧ภ˚๿๹ภ๗๹๧ภ ๬๝๬ภ๥๙ภ๷๴๹ภȲ๿๮๷ᇍ๗ภ๣๹ภᆮภഁ๬๝๬ภ ງ๴๿ภ ๷๹ภ๮ᇍ๗๹ภഁງภൿ๬ภ๛ᆸ๗ย ึ Ȳ๿๬๹ภ๗ઈ๙ภ๥๙ภ Ȳ๿๬๹ภ๵ᆩ๗ภ ৄภ๗๙ภଥ๙ภ๷๹ภ๴๗๷ภ๪ภ๵๙ภ๧ภ୶ภȲ๿๬๹ภű๿ภ๥ᆸ๧ภ๮๧ภৄภ๥๙ภȲ๿๬๹ภக๗๹ภৄภ๗ᆩภ๥ᆸ๧ภ๮๧ภ 28๷๹ภ๴๗๷ภ๪ภ๵๙ภ๧ย ื ୶ภೲຉ๙ภ๤ᆸ๧ภ๵ᆸ๥๨ย  ൿ๬ภ๧ᆩย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ ๤ᆸภ๪๕ᆸ๥ภ๴๪๥ภ๵ᆸ๥ภ๨๴๿ภ๷๗ภȬງᆧภ๚ᆩ๗ภ Ȳ๿๬๹ภű๿ภ๴‫ډ‬๧ภ๹ภகภ Ȳ๿๬๹ภ ๬‫ك‬๧ภ˚๿ภࣟภ೐ຉ๴๿ภ๷๬ภக๗๹ภ๤ᆸ๗ภ๷๹ภ๬๮๬๹ภ๴๜ᆸ๗ภ๥๙ภ๵๙ภ๧ภ๛ภ๬ງ๥ภ๗๣๙ภ๛ᆸ๗ย  ୶ภೲຉ๙ภย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๚ᆩ๗ภ ๬ภ୶ภ୶ภೲຉ๙ภ๹ᆸ๙ภೲງภ ๖ᆸภᆧ๴๿ภ๬ภ୶ภ๪অ๗๹ภ๧ᆩภৄภ๗ᆩภ๴Ȳ๿๷ภ๪ภ๥ᆮภৄภ ¬º ๴˟๪ภ๬ภৄ๗๹ภ๨ภ๚ᆩ๧ภ ๥ᆮภ๪઩๬ภའབྲ๬๴๿ུགภ་๬གི་๝๬ภ ๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆩ๹ภ ๬ภ୶ภ୶ภೲຉ๙ภ๥๙ภ ๥ᆮภ๥๙ภ མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། ๴ࣤງ๷ภ๪๴๿ภ๪๚๴ภȲ๿๬๹ภৄภ๧๙ภ๗ᆩภ๴ຉ๹ภ๴๪๪ภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๪ುᆧภ๗๹ᆸภ๴๪๥ภ๧ᆩภ๗ᆩภ๥ᆸ๧ภகภઈภ Insolvency In case a co-operative is unable to fulfil its obligations to creditors due to insolvency, such co-operative may apply for remedies as it deems fir under the Bankruptcy and related Acts.

Article 28: Implementing rules. The MoAF shall prescribe rules for merger, consolidation, dissolution and insolvency of co-operatives after consultation with the co-operative Sector. CHAPTER VIII Role of Government in Promoting the Economic and Educational Development of Co-operatives

Article 29: Co-operative development strategy. The Cabinet, after consultation with the Co-operative Sector and other stakeholders, shall issue the strategy that will articulate the goals and priorities of the RGOB on its support to co-operative development as part of every Five-Year Plan. The Co-operative (Amendment) Act of Bhutan, 2009 31 ๬‫ك‬๧ภ˚๿ภࣟภ೐ຉ๴๿ภ๷๬ภக๗๹ภ๤ᆸ๗ภ๷๹ภ๬๮๬๹ภ๴๜ᆸ๗ภ๥๙ภ๵๙ภ๧ภ๛ภ๬ງ๥ภ๗๣๙ภ๛ᆸ๗ย  ภย ୶ภೲຉ๙ภย ภ๮ᇍ๗๹ภഁງภ๥๙ภ ഓ๿ภ๬๝๬ภ ๬‫ك‬๧ภ๷๬๹ภ๝๬ภ๮ᇍ๗๷๹ภ๹ภഁ๮ງภ๚ᇍ๗ᆩ๗๹ภภഁງภ๬ภ୶ภ୶ภೲຉ๙ภ๹ᆸ๙ภೲງภ ๖ᆸภᆧ๴๿ภ๬ภ୶ภ๪অ๗๹ภ๧ᆩภৄภ๗ᆩภ๴Ȳ๿๷ภ๪ภ๥ᆮภৄภ ๨ภ๚ᆩ๧ภ ๥ᆮภ๪઩๬ภ๬๴๿ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆩ๹ภ ๬ภ୶ภ୶ภೲຉ๙ภ๥๙ภ ๥ᆮภ๥๙ภ ๗๹ภഁງภৄภகภ ๥̣๷ภ๴˟๪ภ ๴ࣤງ๷๬ภஔภৄภ๗๗๹ภᆩภ๲๪๹ภ ๣ᆸ๗ภ๥ᆸ๧ภ ๴ࣤງ ๷ภ๪๴๿ภ๪๚๴ภ Ȳ๿๬๹ภৄภ๧๙ภ๗ᆩภ๴ຉ๹ภ๴๪๪ภ๥๙ภ๴Ȳ๿๷ภ๣ᆮภ ๪ುᆧภ๗๹ᆸภ๴๪๥ภ๧ᆩภ๗ᆩภ๥ᆸ๧ภகภઈภ ഁງ๴๿ภ๥̣๷ภ๖๙ภ๚ᆩ๗ภ๪অ๗๹ภ๣ᆮภ ๥ᆮภ๗ᆩ๹ภ ๥๨๷ภ   ๵ᆩ๗ภ࠘๷ภ๥๗ᆸย ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๬ภ๥̣๷ภ˚๿ภ୑ງ๧ภ๗๲๿ภ   ๥ภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ  ๥๗ᆸยȲ๿๬Ȳ๿๹ภ๬Ȳ๿๥ᆸ๬๹ภᆸȲ๿๧ภ๥๹ภภ๬Ȳ๿ᆸื๧๥๬๹ภภᆸȲ๿๧ื๥๹ภภ๬ᆸȲ๿ื๧๥ ฽๨ยȲ๿ ฽๨ยȲ๿ ๹ภᆸ ᆸื๧ ๹ภภᆸ๬ᆸ๧ื๥ภ ฽๨ยȲ๿ ฽๨ยȲ๿ ฽๨ยȲ๿ ๥ภ๬ᆸื๧ ๹ภภ๬ื க๬๹ภ ฽๨ยȲ๿ ฽๨ยȲ๿ ๹ภக๬๗๹ภ க๬๹ภ๗๹ภ๷க๬๹ภ๗๹ภ๗ภ๷க๹ภ๬๗๹ภ๷๗ภᆮ ᆮக๧๹ภ ๗๹ภ๗ภ๷ᆮȲ๿๴க๧๗๹ภ๷๗ภ๷๬ᆮ๧๴๤๪ภ๗ภ๷๗๹ภ๷ᆮ๴๧๷๤๪ภ๤๗ภ๥ภᆮ๷ᆸᆮ๧๴๤๪ภ๷ภ๤๗ภᆮ๴ᆮ๙๹ย ๧ื๤๪ภ๤๷ภ ᆮ๴ ๙๹ย ๤๪ภ๧๤๪ภ๤๙๹ย ฽๨ยȲ๿ ๴๤๤๪ภ๤ ๙๹ย 45๤๙๹ย ๤๪ภ ๙๹ย๤๬ ๙๹ย๹ภ ๙๹ยக๗๹ภ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๤๙๹ย ๥๪๙ภ๴๯ᇇ๧ภ˚๿๹ภ ๹ᆸภภ๧๹ᆸภ๬ภ๹ᆸ๧ภధ๥๬ภ๧๹ᆸ๙ภ๧ภ๬ภధ๹ᆸ๧๧๖ภ๧ภధ๬ภ๧๹ᆸ๗ภ๖๗๹ภ ๧ภ๬ภధ๧๗๹ᆸภ๖ᆩ๧ภᆩధ๬ภ๹๮๧๗ภ๖๧ภภᆩధ๷ภ๬ภ๹๗ภ๖ᆩ๧ภధ๹๗ภ๖ภᆩ๧ภ ๬๝๬ภ ๹๗ภᆩ๖ᆩ๹ ๬๝๬ภ ๗ภ ภᆩ๷ᆩ๹ ๬๝๬ภ ๗ภ๹ภᆩ๷ ๬๝๬ภ ๹๮ภ๷๹ภᇍ๬๝๬ภᇍ๗๮๹ภ๷ᇍ๬๝๬ภ ๹ภ๗๮๷๹ภᇍഁ ๬๝๬ภ ๹ภ๗ງ๮ງ๷๹ภ๴ᇍ๹ᆸ๹ภഁ๿๗๿๮ງ๹ภᇍ๷๧๴ᇍഁ๹ภ๗๿ ງ๮๹ภ๬ภ๴ᇍ ᇍ๹ภഁ๿๗ງ๷๹ภ๮ధ๴ഁᇍ ๿๹ภງ๗๧ภງ๷๹ภ๴ഁ๿ഁງງ๹ภ๖๿ ງ๷๹ภງৄ๴ഁ๗ภഁ๿ງ๿๷๹ภງ๥ഁৄ๴๗ງ ๿๷๹ภᆩ๙ภ๷๹ภৄഁ๥ງ๗๷๹ภ ๙ภഁ๥ৄഁງ๚ᆩງ๗๙ภ๷๹ภ ৄ๥๗ഁৄ๚ᆩภງ๗ງ๙ภ๥๖ ๬๝๬ภ ৄ๥๗ഁ๚ᆩ๗ภ๙ภງᆧภ๙ภ๗๥๖ৄ๚ᆩ๗ภภ๷๗๙ภᆧภ๖๗๥๚ᆩ๚ᆩภ๗๹ภᆧภ๗๙ภˠຉ๖๗๚ᆩ๮ภ๗๹ᆧภ๖ᇍˠຉ๗๖๚ᆩภᆧภ๪๹ˠຉᆧภ๖๹ภ๗๹๪ˠຉ೫๧ภ ᆧภഁ๖ງ๪๹ˠຉ๴೫๧ภᆧภ๤ˠຉภ๿ ᆸᆸ๹๪೫๧ภ๗๹ˠຉภ๤ᆸ๪೫๧ภ๹๗๪๤ˠຉᆸ๷๹ภ ೫๧ภ๗๪๤೫๧ภᆸ๗๪๤ഁ೫๧ภภᆸ๤ງ ᆸ๗ৄ๗೫๧ภภ๤ภᆸ ᆸ๥๗๤ภ๙ ๮ᇍภ๥๗๙ภ๹ภ๗ഁ๚ᆩງ๴๗๿ภ๷๖ᆧภ๹ภഁງภৄˠຉภ๹๥ภ๙ภ๪๷๹ภ๗೫๧ภ๚ᆩ๷๹ภ๗๤๷๹ภᆸภ๗๖๷๹ภ ๬๝๬ภ ᆧภ๷๹ภ ๬๝๬ภ๷๷๹ภ ๬๝๬ภˠຉ๹ภ๷๷๹ภ ๬๝๬ภ ๮๷๹ภᇍ๬๝๬ภᇍ๗๪๮๹ภ๷ᇍ๬๝๬ภ ๹ภ๗๮೫๧ภ๷๹ภᇍഁ ๬๝๬ภ ๹ภ๗ງ๮ງ๷๹ภ๴ᇍ ๿๹ภഁ๗๿๮ງ๹ภ๪ᇍ๷๴ᇍഁ๹ภ๗๿ ງ๮๹ภ๴๪ᇍഁ๪ภᇍ๹ภഁ๿๗ງ๮๪๴ഁᇍഁ๪ภ๧๹ภ๿ภງ๗ᆩ ງᆩ๴๪ഁ๪ภ๥ഁ๿ภ๧๹ภ๿ภງ ງᆩ๪๙ภ๴ഁ๪ภ๥๧ഁ๿ภ๿ ᆩງ๪๪ภ๙ภ๴๥ഁ๪ภ๧๿ ᆩ๷๹ภ๙ภ๪ഁ๪ภ๥๧๗๚ᆩᆩ๙ภ๥ഁ๪ภ๧๗๚ᆩ๗ᆩᆩ๙ภ๥๗๚ᆩ๪๧๗ภ๙ภ ๬๝๬ภ ഁຉ๗๚ᆩ๥๗๪ภ๬๙ภ๗๚ᆩഁຉ๪๗๗๚ᆩ๷๹ภภ๬ഁຉ๗๗๚ᆩ๪๗๹ภ๴๬๹ภഁຉ๪๗๚ᆩ๗๮๪๴๹ภ๥ภ๬ᇍഁຉഁຉ๗๪๗๴๬๹ภ๥ภ๧๬ഁຉ๹ภᆩᆩ๪๴๹ภ๥ภ๬๹ภ๧ഁຉᆩງ๴๪๥ภ๴๹ภ๧๬๿ᆩൿ๬ภ ๪๥ภ๴๪๧๹ภ๥ภᆩൿ๬ภ๧๴๪๥ภഁ๪ภᆩᆩ๧ᆩൿ๬ภᆩ๥๧๪๥ภ๧ᆩ๙ภᆩൿ๬ภᆩᆩ๥๧ᆩ๥๧ൿ๬ภ๙ภᆩ๥๧ൿ๬ภ๙ภᆩ๙ภ୶ภ๥๧ൿ๬ภ๧ᆩภᆩೲ๙ภ୶ภ๥ຉຉൿ๬ภ๥๧๙๗๚ᆩᆩ ภᆩೲ୶ภ๙ภຉ๥๧๙ೲᆩ๗୶ภภ๙ภຉ๥๙ೲ୶ภ๪ຉ๙ภ୶ภ๙ഁຉೲภೲຉ୶ภ๬๙ຉ๙ภೲ୶ภภ๹ภຉ ຉ๙ೲภ๴ ๗๹ภ ๹ภ๴ഁ๪๥ภງ๴๿ภ๧ᆩภ ๥̣๷ภ ൿ๬ภ๧ᆩ ๖๥๙ภ๪๣ᆸ๗ᆩภ๧๪๣ᆸ୶ภ๧๪๣ᆸೲ๧ᆩภᆩຉภ๙๗๪๣ᆸ๥̣๷ภ ๷๗ภ˚ᆩᆩภภ๧๗๪๣ᆸ๧๿ภ๷ᆩ๷๗ภᆩภᆩ ภ ᆮ๧๗ᆮ๗ภᆩภᆩ๧ᆩᆩภ๷๗ᆮ๧Ȳ๗ภ๷ᆩ๧ภᆩᆩ ๿ ๿ᆮ๬๗๗ภ ๧ᆩภᆩᆩภ๪๣ᆸ๧๗ᆩᆩภ๗๧๪๣ᆸ ๷๗ภȲᆮ๧ᆩภ๷ภ๿๹ภᆮ๬๗ภȲ๷๗ภ๧๷๿கᆮ๬ᆮ๹ภ๧Ȳ๷๗ภ๷๿ภภ๹ภᆮக๬ᆮ๗๹ภ Ȳ๧๿๷๿க๬๹ภᆮȲ๗๹ภ๧ৄ๿ ๿க๬๹ภ๗๹ภȲৄக๿๹ภ๬ ๗๹ภৄக๗๹ภ ๗๹๷ภ ๹ภ ৄ๪๣ᆸக๗๹ภ ๗๹๷ภ ๗๹๷ภ ৄ๪๧ ๗๹ภৄ๕ᆸ๧๪ ๗๹๷ภ ๗๹๷ภᆩ๴ ๗๹๷ภ ᆩ๥ৄ๕ᆸภ๗๪ ๥๕ᆸ๪ภ๗๹๷ภ ๥๴๥ภ๕ᆸ๪ภ๪๷๗ภ๴๥ ๗๹๷ภ ๥ภ๕ᆸ๕ᆸ๪๥๴๗ᆸ๷๥ภ๕ᆸยᆮ๪๴๧๗ᆸ๥ภ๴ภ๕ᆸยȲ๗ᆸ๪๥ภ๴๿๪๥ภย๬๗ᆸ๥๴๪๥ภย๹ภ๗ᆸ๗ᆸ๪๥ภยகย๗ᆸ๥ย๗๹ภ๗ᆸยৄภ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ ๗๹ภภ๥๗ᆸৄยภ ๗๹ᆧภ๪๣ᆸ๧ภ๥๙ภ๷๗ภ  ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸ๨ภ  ๷ภ๷๹ภ๥๪๙ภ๴๷ᆮ๯ᇇ્๷ᆮ๧ภภ๪્ภ๷ᆮ˚ภଳ๥ภ્๪๷ᆮ๿๹๪્ภ๷ᆮ๨ଳ๥ภภ્๪ยଳ๥ภ๷ᆮ๬๝๬ภ ภ๨๪્ଳ๥ภ๷ᆮย๨ภ๪ଳ๥ภ્ย๨๷๪ଳ๥ภย๨๹ภยଳ๥ภ๨๮ย๨ᇍ๗ย๹ภഁງ๴๿ภ ๷ᆮ્ภ๪ଳ๥ภ๨ย ๬๝๬ภ๬๝๬ภ๷๬๝๬ภ ๬๝๬ภ ๹ภ๷ ๮๷๹ภᇍ28 ๬๝๬ภᇍ๗๮๹ภ๷ ๬๝๬ภᇍ๹ภ๗๮๷๹ภᇍഁ ๬๝๬ภ ๹ภ๗ງ๮ງ๷๹ภ๴ᇍ ๿๹ภഁ๗๿๮๹ภງ๷ᇍ๴ᇍഁ๹ภ๗๿๮ງ๹ภ๴ᇍᇍ๹ภഁ๿๗ ๥๨๷ภງ๮๴ഁᇍ๹ภ๿๗ງ๥๨๷ภງ๴ഁ๴๿ภ๹ภ๿๥๨๷ภງ ງࣟຉ๴๴ഁ๿ ๿๥๨๷ภ ᆧງࣟຉภ๴๥๨๷ภ๿๥ᆧࣟຉ๴ภ๙ภ๨๷ภ ๥๨๷ภ ᆧ๥ ࣟຉ๴๸ภ๙ภᆮ๥ᆧᆮ๨๷ภ ࣟຉ๹ภ๴๸๙ภᆧ๥ᆮࣟຉ๵ ๬๝๬ภ ๥๨๷ภภ๴ภ‫ۑ‬ᆩᆧภ๵ᆩ๵๥๩ᆮ๗ภ‫ۑ‬ᆸᆸᆧภᆩᆧภ๧๵๴๷๗๥ภ‫ۑ‬ภᆸᆩࣟຉ‫ۑ‬ᆧภக๧๵๥๗ภภᆧᆸ ภ‫ۑ‬ᆩ๧๗ᆧภக๥๗ภᆸᆩภ‫ۑ‬கᆩ๧๗๥ઈ๙ภ๙ภ๗๥ᆸ ภᆸᆩ๧க๗ᆩ๸๧ઈ๙ภภ๥๗ᆮภᆸகᆩᆸᆩ๹๗ᆩ๧ઈ๙ภகภ‫ك‬๗๥๗ᆸᆩ๵கઈ๙ภ๗๧ᆸ‫ك‬ภ๧๹ภᆩઈ๙ภ๗ภக‫ك‬๗ઈ๙ภ๗๹ภᆩ๴ᆸ๗ઈ๙ภ‫ك‬๗๹ภᆩภ ᆩ๴‫ك‬๴ઈ๙ภ๗‫ك‬๧ย ภ๹๸ภ๴๙ภᆸ๥ᆸ ᆮᆧ๧๹ࣟຉ๵๸๙ภᆸ๥ᆮ๗๷ᆧ๧๵๹ᆸ๸ᆸภ๙ภᆸ ᆮ๹ภ๥ᆮ๧๗๹๵ᆸภ๸๴ภᆸ๮๙ภᆮ๗ᆮ๧ᇍ๵๹๩ᆮᆸภ๗ᆸ๸๙๴ภᆸ๧๗ᆮ๷ภ๵ᆸภ๹๩ᆮภ๴ภ๙ᆸ ᆸ๗๧ภ๵๷ᆸ๩ᆮഁ๵ᆸภ๙๴ภງ ᆸ๗ภᆧภ๷๴๧๵๩ᆮᆸ๴๿ᆸภ๙๴‫ۑ‬๷ᆧภ๵๗ภ๩ᆮ๩ᆮᆸ๴๗ภ๙‫ۑ‬๷ᆧภ๵๷๩ᆮ๗ ๗๧ย ๗๹ภᆩ๴ᆩ๩ᆮ‫ك‬๗๹ภ๗ ๷๹ภ๴ᆩ๧ย ‫ك‬๗๹ภ๴๵๴๗๧ย ᆧภ๗๹ภ๴๗๧ย ๗๧ย๴๗ภ ‫ۑ‬ ๗๧ย ๗๗ ๗ภ๗ᆩภ๥ᆸ๧ภகภ๗ઈ๙ภ Ȳ๿๬Ȳ๿๗๹ภ๬Ȳ๿ᆩภ‫ك‬๥ᆸ๬๹ภ๗๹ภ ᆸȲ๿๧ภ๥๹ภภ๬Ȳ๿ᆸื๧๥๬๹ภ๴ภᆸȲ๿๧ื๥๹ภ๗๧ย ฾๨ย๬๝๬ภ ภ๬ᆸȲ๿ื๥๹ภภᆸ๬ᆸ๧ื ฾๨ย๬๝๬ภ ฾๨ย๬๝๬ภ ๥ภ๹ภᆸ ᆸื๧ ฾๨ย๬๝๬ภ ฾๨ย๬๝๬ภ ๥ภ ᆸื๧ ฾๨ย๬๝๬ภ ภื ๷ ๹ภ๷๮ ฾๨ย๬๝๬ภ ๷๹ภᇍ ᇍ๗ ๮๹ภ๷ᇍ๹ภ๗๮๷๹ภᇍഁ๹ภ๗ງ๮ງ๷๹ภᇍ๗๹ภഁ๗๮ᆸ ᆸງ๹ภ๙Ȳ๿ᇍ๷ᇍഁ๗๹ภภງ๮ᆸ๬๴๹ภ๙ᇍ ᇍ๗๹ภഁ๩ᆮ๗ᆸງ๹ภ๮๙๴ഁᇍ๗๷๹ภภ๥ງ๗ᆸ๩ᆮງ๴ᆸ๙ภ๗๧ഁ˚ภ๷๹ภᆸ๩ᆮງ ᆸ๿ງ๙๴๿ื๗ภ๤๷ഁ˚ภ๩ᆮᆸ๴ᆸງภ๿๙๷˚๗ภ๤๩ᆮ๪๹ภᆸ๿ภ๴๙๷๤˚ภ๩ᆮ๪๹ภภ๿๷๴ภ˚๤๷ ฾๨ย๬๝๬ภ ๪๹ภ๿๩ᆮภ๷๿ภ๬ย๤˚๤๷๪๹ภ๷๿ภ๿๬ย๤๪๹ภ˚๪๹ภ๷๿๬ย๤๪๹ภ๷๷๬ย๹ภ๪๹ภ๷๬ย ๬ย๮ᇍ๷๬ย๗๹ภ๬ยഁງภ๗ᆸ๙ภ๴๩ᆮ๷ภ˚๿ภ๤๪๹ภ๷๬ย  ధ๧ภ๖ధ๧ภ๗ภధ๧ภ๖๗ధ๧ภ๖ధ๧ภ๗ઈ๙ภภ๖๗ధ๧ภภ๖ઈ๙ภ๮ᇍ ᇍ๗ภధ๧ภ ઈ๙ภ๖๗๮ᇍ๗๹ภઈ๙ภ๗๖๮ᇍű๗ઈ๙ภ๹ภ๿๮๿๹ᇍ๹ภű๗ઈ๙ภภ๮๿ ᇍ๹ᇍűภ๗ઈ๙ภ๿๮๹ᇍᇍ ภű๹ภ๗๿๮ ๬๝๬ภ ๹űᇍ ภ๹ภ๿๗๿๹ ๬๝๬ภ űภ๹ภ๷๿ ๿๬๝๬ภ ๹ű๹ภภ๷๿๬๝๬ภ ๹๮๷๹ภภᇍ๬๝๬ภᇍ๗๮๹ภ๷ᇍ๬๝๬ภ ๹ภధ๧ภ๗๮๷๹ภᇍഁ ๬๝๬ภ ๹ภ๗ງ๮๹ภ๖ງ๷๴ᇍഁ๹ภ๿๗๿ ภ๮ງ๹ภᇍ๷๴ᇍഁ๹ภ๗๿ ງ๮๹ภ๴ᇍഁᇍ๹ภ๿๹ภ๗ ๷๹ภງઈ๙ภ๮๴ഁᇍ ๿ഁ๹ภງ๷๹ภ ๗ງഁ๮๴๴ᇍງ๿ഁງ๷๹ภ ๹ภ๿ภ๗ງ๥ງഁ๴ງഁ๿๷๹ภ ๹ภภ๿๙ภງഁ๥๴ງ ű๿๙ภภ๷๹ภ๥ഁ๿ງ๖ᆮ๙ภ๷๹ภഁ๥ഁງ଴ງ๖ᆮ๙ภ๥๷๹ภഁ๥ภງ๖ᆮ଴๙ภງ๙ภ๥๵ഁ ๷๹ภ ๬๝๬ภภ଴๖ᆮᆸᆸງ๙ภ๥๵๥ภ๖ᆮ଴ᆸ๖ᆮ๨ภ๥๷๙ภ๵ภ଴ᆸ๴๿๖ᆮ଴๨๥๹ภภ๵๥ภᆸ๬๴๿଴๨๮๖ᆮ๥๵ภᇍภ๵๥ภᆸ๴๿๗๬๨଴๥ᆸ ๿ภ๥๵๬๹ภ๴๿๗ภ๥ภ๨ᆸ๲๧ภᆸ๨๥ഁ๴๿๵๗๬๴๿๲๧ภງᆸภ๨๴๥ภ๬๗๿๴๿๲๧ภ๬ภ๨ภ๿๗๬๲๧ภ๗๴๿ภ๲๧ภ๗๷๹ภ๬๲๧ภ๿ ๗๲๧ภഁງ๲๥ ภഁງภ๥๙ภ ๖ᆮภ଴๥ภ๵ᆸ๥ภ๨๴๿ৄภภ๬๥๿ภৄภ๗๙ภ๥ৄภ๗๲๧ภ๙ภ๥ৄภ๚ᆩ๗๙ภ๥๗ৄภ๚ᆩ๗ภ๙ภ๥๖ৄภ๗๚ᆩ๗๙ภᆧภ๥๗๖ৄภ๚ᆩ๗๙ภᆧภ๖๥๗๚ᆩ๗ภˠຉ๙ภᆧภ๗๖๚ᆩภ๹๗ˠຉᆧภ๖ภ๗๚ᆩ๪ภ๹ˠຉᆧภ๖๗๹๪೫๧ภภˠຉᆧภ๖๪๹ˠຉ೫๧ภ๤ᆧภภᆸ ᆸ๹๪๗೫๧ภˠຉภ๤ภ ᆸ๪๹๷೫๧ภ๗ˠຉ๤ภ ᆸ๪๹ภ ೫๧ภ๗๷๤ᆸ๪๷๗๹ภ ೫๧ภ๤ᆸ ᆸ๗๹ภ๷೫๧ภ๤ৄภ ๬๝๬ภᆸ ᆸ๷๹ภ๗๥๤๬๝๬ภᆸ๹ภ๙ภ๷๗๷ ๬๝๬ภ ๗๹ภ๷๹ภ๚ᆩ ๬๝๬ภ ๮๹ภ๗๷ᇍ๬๝๬ภᇍ๬๝๬ภ ๗๮๹ภ๖๷ᇍ๬๝๬ภ ๹ภ๗ᆧภ๮๷๹ภ๷ᇍഁ ๬๝๬ภ ๹ภ๗ງ๮ງ๷๹ภᇍ๗๹ภഁˠຉ๮ᆸᆸງ๮๹ภᇍ๙๷ഁᇍ๗๹ภງ๗ᆸ๮๴๹ภ๙ᇍ๗ഁᇍ๪๹ภ๗ᆸ๩ᆮງ๮๙๴ഁ๗ᇍภ๷๹ภഁ೫๧ภງᆸ๩ᆮ๗๴ງ๙๗ഁଳ๗๷ᆸ๹ภ๩ᆮ๤ງᆸ๙๴ງ ᆸ๙๪ภภ๗๷ଳഁ๩ᆮᆸ๴ᆸภງ๙๴ು๪ภଳ๷๗๩ᆮຉຉ๩ᆮᆸภᆧ๴ು๪ภ๙๷ଳ๹ภຉ๷๩ᆮ˚ᆧು๴ภ๪ภଳ๿๿ຉ๷ଳᆧ๥๩ᆮ˚ภು๪ภᆸᆸ ๿๪ภຉଳ๧๷˚ᆧ๥ುภ๬๝๬ภᆸ๿ುภຉ๪ภக๧ଳຉᆧ๥˚ภᆧᆸು๿๧๪ภகຉ ຉ˚๥๷ᆧภ˚ᆸ๿ುக๧ภ๿๥ຉ๹ภ˚ᆸ๥ᆧ๧ᆸ๿கภ๿๮๧ภ๥ᇍ˚ภᆸகᆸ๗๿ภ๧கภ๥ภ๹ภᆸக๧ภഁ ๹ภഁງภ๗ᆸ๙ภ๴๩ᆮ๷ภଳ๪ภುຉᆧภ˚๗ઈ๙ภ๿ภ๥ᆸ๗ઈ๙ภ ๧๗ภ ᆩ๗ઈ๙ภᆩக๥ภ๗ ๗ઈ๙ภᆩ๬๿๗๥๗ઈ๙ภ ๗ᆩ๬๿๥๗๹ภઈ๙ภᆩ๗ઈ๙ภ ๗๬๿๗๥૱ᆩ๹ภ๗ᆩઈ๙ภ ๬๿๥๗๷ภ๹ภᆩ૱๗ᆩ๬๿๥๗๥૱๹ภ๗๷ภᆩ๬๿๙ภ๥๹ภ๷ภ૱๗๷๬๿๙ภ๥૱๷ภ๹ภ๗๹ภ๷๙ภ๥ภ૱๷ภ๹ภᆧ๷๹ภ๿๙ภ๥๿๷ภ๬૱ᆧ๹ภ๷๙ภ๿๥˚๷ภ๬ᆧ๷๹ภ๿ ๿๙ภ๿๥๗๬˚ᆧ๹ภ๷๿ ๿๙ภ๭ᇍ˚๬๗ᆧภ๹ภ๿ ๿๷ᆧ๿๭ᇍ๬๗˚๿ ๿ᆧภ๿๹ภ๬๿ ๿๭ᇍᆧઈ๙ภ ˚๗๬ภ๿ ๿ᆧภৄ๿๬ภᆧ๿๭ᇍ๗˚๿๬ภ ๿๗๬ภ๿ৄ๭ᇍᆧᆩภ๗๿˚ภ๥ৄ๬๿ᆧภ๭ᇍภ๿๬๿๗๿ภ๬ৄ๷ᆸ๬ᆧภ๭ᇍ๗ภ๿ ๿ৄภ๬ஶৄ๷ᆸ๹ภภᆧ๿๴๿๷ᆸৄஶ๬૱ภภ๴๿๷ᆸஶৄ๷ภภ๴๿๷ᆸ๛ᆧภஶ๥๷ᆸภ๴๿๙ภஶ๛ᆧภ๷ᆸஶ๗๴๿๷๛ᆧภ๴๿๲๿ஶภ๷ᆸ๗๹ภ๴๴๿๛ᆧภ๲๿๗ஶภງງᆧ๴๛ᆧภ๿๲๿๛ᆧภ๗๬ງງງ ๪ᆧ๴๲๿๛ᆧภ๗˚ງງ๗ภ๲๿๿ᆧ๪๛ᆧภ๲๿ງ๗ງภ๧๲๿ภ๪ᆧ๭ᇍ๲๿ᆧງງ‫ډ‬ภ๧๗ภງ๲๿ภᆧ๪ᆧງ๲๿๗ภ๧‫ډ‬ງງภງ๲๿ᆩᆩ๪ภ๬ᆧ๪๛‫ډ‬๗ภ๧ງ๲๿ภງງᆩภৄ๲๿๪๗ᆧ๛๧‫ډ‬ภ ᆩງ๧ภ๲๿ภ๛๪‫ډ‬๗๧‫ډ‬ᆩภ๲๿ภ๗๛‫ډ‬๗ᆩภ๧ᆩภ๷ᆸ๛ภ๗๛ภ‫ډ‬ᆩภᆩஶ๛๗๴ภ ஶ๴๿ภ๴๛ᆧภ๗๲๿ภᆧງภᆧງภ๪๲๿๧๸๹ภภ‫ډ‬ภ๸๹ภ๪๗ᆩ๸๹ภ๪઩๬ภ๛๸๹ภ๪઩๬ภ๚๸๹ภᆩ ᆩ๪๗઩๬ภ๚๸๹ภ๪ᆩ๴઩๬ภ๗๚๸๹ภᆩ๪઩๬ภ๗๥ภ๴๚ᆩ๪๴઩๬ภ๗๚๥ภ๗ภᆩ ᆩ๗๴઩๬ภ ๪๥ภ๚๗ภઈ๙ภᆩ ᆩ๴๗๪๥ภ๗๚ภઈ๙ภ๗ᆩ๴๪๥ภᆩ๗ᆩ๹ઈ๙ภ๗ภ๴๪๥ภ๗ᆩઈ๙ภ๹๗ᆩ๪๥ภ๗ઈ๙ภ๹๗๤๪๹ภᆩ๗ઈ๙ภ๗ᆩ๤๪๹ภᆩ๹ઈ๙ภ๷๗ภ๤๪๹ภᆩ ᆩ๬ภ๷๗ ๤๪๹ภᆩ๸๹ภ๪๷๬ภ ๤๪๹ภ ๳ຉ๪๬ภภ๷๤๪๹ภ ೲ๳ຉ๪ງ๷ງภ๬ภ઩๬ภ๗๳ຉೲ ๤๪๹ภ ๪๬ภງ๷๬ภ๚ೲ๳ຉ๗๧๙ภ๪ᆩ ງภ๪๬ภ๗๷๳ຉ๗ೲภ๳ຉ๧๙ภ๥ງภ๪๴๬ภೲ๗ᆸ๳ຉ๧๙ภೲງ๥ภย๪ງ ๥ภ๗ೲᆸ๧๙ภ๗๳ຉງ ງย๗ᆸ๧๙ภೲ๥๧๙ภยງ๗ᆸ๥ઈ๙ภ ๧๙ภ๥ย๗ᆸ๗ᆸ๥๧๙ภย๗ยᆩ๗ᆸ๹๥ยภ๗ᆸย๤๪๹ภ๷๬ภ๪๳ຉภೲງภ๗๧๙ภ๥๗ ๥๗ᆸย         4646464646464646 46 ¬¿ འབྲུག་གི་མཉམ་ལས་ཚོགས་སྡེའི་བཅའ་ཁྲིམས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། Consequently, all concerned government agencies shall craft and implement their respective five-year support programs to co-operative development in accordance with the strategy issued by the Cabinet. The cabinet shall issue the guidelines to govern the participation of government agencies including the mechanisms for inter-agency coordination. Planning Commission shall provide technical support to the Cabinet in drafting the co- operative development strategy and in the monitoring and evaluation of the implementation of approved co-operative plans and programs for all concerned agencies.

Article 30: Government Co-operative sector partnership. The government and the co-operative sector and other stakeholders shall enter into partnership, based on mutual respect and understanding, for more effective and coordinated planning, implementation and review of co- operative development plans and programs. The Co-operative (Amendment) Act of Bhutan, 2009 32 ๗ઈ๙ภ๗ᆩภ๤๪๹ภ๷๬ภ๥ᆮภ๷๹ภ๪୑ງ๧ภ๣ᆮภ ๗ઈ๙ภ๗ᆩภ๴ࣤງ๷ภ๵ᆸ๥ภ๷๹ภƥ๙๹ภ๗ภᆧภ๗ᆩ๹ภ ๖ᆸภᆧ๴๿ภ๷ᆸภ ஶ๴๿ภ๴๛ᆧภ๗๲๿ภৄภ๪๳ຉ๱ภ๥ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภகภଳ๪ภುຉᆧภ๴๪๥ภ๧ᆩ๴๿ภ๷๹ภᆧ๿๬ภৄภ ధ๧ภ ଳ๹ภ๗ઈ๙ภ๮ᇍ๗๹ภű๿๹ภ๤๪๹ภ๷๬ภ๪Ź๬ภ๗๧๙ภ๬๿ภ๥ᆮภ๥๙ภ๪೫๧ภ๣ᆮภ๪୶๬ภ๧ᆩภ๥๙ภ ๷๗ภ๷ᆮ๧ภ ๴๤๪ภ๥๗ᆸ๨ภ๼ᆩ๧ย ధ๧ภଳ๹ภ๗ઈ๙ภ๮ᇍ๗๹ภű๿๹ภ ๗ઈ๙ภ๗ᆩภ๷๹ภƥ๙๹ภৄภ๗ᆩ๹ภ๬๝๬ภ๷๹ภ ๮ᇍ๗๹ภഁງภ๧๙ภ ๪๚๴ภ๬ᆧภ๗๣ᆸ๗๹ภ๧ᆩ๴๿ภ๥๪๙ภುຉ๙ภ๷๬ภೲຉ๧ภ๪๳ຉภ๗๧๙ภ๧ᆩภ๥๙ภ ๥ᆮภ๧๙ภகภ๷๹ภ ƥ๙๹ภ๹ᆸภ๹ᆸ๴๿ภ๪ᆧภ๧ภ๬๝๬ภ๴ࣤງ๷ภ๴๪๥ภ๧ᆩ๴๿ภ๤๪๹ภ๷๬ภৄภ๵๙ภৄ๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย ๴๛ᆧภ ๗๲๿ధ๧ภ๮ᇍ๗๹ภű๿๹ภధ๧ภଳ๹ภ๗ઈ๙ภ๮ᇍ๗๹ภகภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๗ᆸ๙ภ๴๩ᆮ๷ภ˚๿ภ๤๪๹ภ๷๬ภ ๪୶๬ภ๧ᆩภ๥๙ภ ๴ࣤງ๷ภ๵ᆸ๥ภ๷๹ภƥ๙๹ภ๗ภᆧภ๗ᆩภ ๷๹ภᆧ๿๬ภ๗๧๙ภ๪ภ๤ᆸ๪ภ๵ᆸ๥ภ๨๴๿ภ๬๝๬ภ๷๹ภ ๮ᇍ๗๹ภഁງ๴๿ภ๴๛ᆧภ๗๲๿ภ๥๙ภ๷๹ภᆧ๿๬ภৄภ๪௟ภ๲๿๪ภ๴๪๥ภ๧ᆩภ๥๙ภ ๥ࣟງภ๲๿๪ภ๴๪๥ภ๧ᆩภৄภ๗ᆩภᆧ๿๗ภ ୶๷ภ˚๿ภଳ๪ภುຉᆧภ๴๪๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย  Ȳ๿๬๹ภ๥ᆸ๧ภุี๨ย๗ઈ๙ภ๥๙ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ๷๹ภഁງภৄภ๗ᆩภ๬๝๬ภᆧຉ๗๹ย ๴࣡๗ภ๗ઈ๙ภ๥๙ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภৄภ๥๙ภ ๖ᆮภ଴๥ภ๵ᆸ๥ภ๨๴๿ภ୶ภ๩๧ภৄภ๗ภᆧภ ๩๧ภৄ๧ภ ๗๚ᆩ๗ภ๗ᆩ๹ภ๗๚ᆩ๗ภகภ ๪୶๿ภ๬๤ᆸ๙ภ๥๙ภ ๗๚ᆩ๗ภ๗ᆩ๹ภ๗๚ᆩ๗ภகภ๗๧๹ภೲ๙๹ภ๻ภ๗ᆸภ๥ᆸ๧ภ୑ຉ๗๹ภű๿ภ ๗๧๹ภ๥ᆸ๧ภ๗๲๿ᆧภ๪๲๗ภ๗ᆩภ๤ᆸ๗ภ๷๹ภ ๬๝๬ภᆧຉ๗๹ภ๴๪๥ภ๥ᆮภ๪ഁຉ๬๹ภ๲๿๧ภ๧ภ ๬๝๬ภ๷๹ภ  ๮ᇍ๗๹ภഁງ๴๿ภ๴๛ᆧภ๗๲๿ภ๪୶๬ภ๧ᆩภ๥๙ภ ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๧ᆩภ ๴๛ᆧภ๗47๲๿ภ๥๙ภ๷๹ภᆧ๿๬ภ๪ುᆧภ๲๿๪ภ ๴๪๥ภ๧ᆩภৄภ๧๙ภ๥ᆸ๧ภഭ๿๧ภధ๗ภ๨ᆧภ‫ډ‬ภ๛ᆮภ๪๴๿ภ๬๝๬ภ๴ࣤງ๷ภ๬๯๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย  ๷ᆮ્ภ๥ɏภ๨ย എภ๮ᇍ๗๹ภ๥ᆸ๧ภ๮๧ย ¬¡ Ȳ๿๬๹ภ๥ᆸ๧ภุึ๨ย๬๝๬ภ๷๹ภ๮ᇍ๗འབྲ๹ภུགഁ་གງภི་๳མງᆧཉམ་ภ๪ལ๴๿ས་ภཚ๬๿ོགས་๙སภ๮ྡེའᇇ๗ི་བภཅའ་ഓຉ๥ཁภ๤ྲིམ๙๹ย ས་(འཕྲི་སྣོན) ༢༠༠༩ ཅན་མ། CHAPTER IX Miscellaneous Provisions

Article 31: Use of the word “co-operative” Only enterprise registered under this Act shall use the word “co-operative” in their names. Any person or organization found violating this provision shall be punished as per the rules framed by the MoAF.

Article 32: Interpretation and construction. In case of doubt as to the meaning of any provision of this Act or the rules issued thereof, the same shall be resolved liberally in favour of the co- operatives and their members.

Article 33: Information campaign. The MoAF shall conduct an information campaign on the provision of this Act.

Article 34: Separability. If a part of this Act is declared unconstitutional, the rest of the provisions shall remain in force and effect. *** ***** ************** The Co-operative (Amendment) Act of Bhutan, 2009 33 ๴๛ᆧภ๗๲๿ภ๥๙ภ๷๹ภᆧ๿๬ภ๴๪๥ภ ๴๪๥ภುᆧภ๧ᆩ ๧ৄᆩ๲ภᆩ ภ๿ৄ๧๪ภ๙ภ๧๙ภ ๴๪๥ภ๴๪๥ภ ๥ᆸ๧๥ᆸ ᆩภ๧ഭᆩৄภ๿๧ภഭৄภ๿๧๿๧๙ภภ๙ภధ๗ภ๥ᆸధ๗ภ๥ᆸ๨๧๧๨ᆧภഭ๿ഭᆧภ‫ډ‬๧๿๧‫ډ‬๴๪๥ภ ๛ภภᆮ๛ᆮภᆮధ๗ภ๴๿๪ధ๗ภ๧๴๿๨๬ᆩภৄภ๨ᆧภ๬๝๬ภᆧภภ๧‫ډ‬๝๬ภ‫ډ‬๙ภ๴๛ᆮภ๛ࣤງ๴๪ᆮภ๷๥ᆸࣤງ๪๴๿๧ภภ๷๴๿๬ภഭภ๬๯๥ภ ๿๧๝๬ภ ๝๬ภ ๯๥ภภ๴ధ๗ภ ๗ᆸ๥๴ࣤງ๨๗ᆸࣤງ๷๨ภ๷๼ภ๬ᆧภᆩ๧๼๬‫ډ‬ᆩ ᆩ๯๥ภ๧ย๯๥ภภย๛๥ᆮภ๥๗ᆸ๪๗ᆸ๴๿๨๨ภ๬๼ภ ๝๬ภ ᆩ๼๧ᆩ๧ยย๴ࣤງ๷ภ๬๯๥ภ๥๗ᆸ๨ภ๼ ๷ภ๬๯๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย   ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ๥̣๷ภ๖๙ภย ๴๗ᆸภ๪๷ᆮঅ๗๹ภ ્๷ᆮภ્๥ภ๥ɏภɏภ๬๨ ๨ย๝๬ภย๷ᆮ๷ᆮ๷્ภ્๹ภ๥ภ๥ɏภ๮ɏภ๨ᇍ๗๨ย๹ภยഁງภ๥๙ภ ๷ᆮഓ๿્ภภ๬๥ɏภ‫ك‬๧ภ๨ย๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງภ എภ๮ᇍ๗๹ภ๥ᆸ๧ภ๮๧ย ๝ᆮ๧ภ๪എภ๚ᆸഎภ๮๷ᇍ๗๮ภ๬ᇍ ᇍ๗๹ภ๝๬ภ ๹ภ๥ᆸ๧๥ภ๷ᆸ ᆸ๧๮എภഎภ๹ภ๮๧ย๮ᇍ๮๗ᇍ๧ย๗๹ภᇍ๗๹ภ๹ภ๥ᆸ๥๧ഁᆸ ภ๧๮ງภภৄ๮๧ยภ๧ย கภ ๥̣๷ภ๴ࣤງ๷ภஔภ๗ᆩภ๲๪๹ภ๣ᆸ๗ภ๥ᆸ๧ภ கภȲ๿๬๝๬ภ ๬Ȳ๿๬๹ภ๹ภ๥๷ᆸ๧๥๹ภภᆸ ᆸ๧ุภ๮ุȲ๿ᇍ๗Ȳ๿๬๬๹ภ๹ภ ึ๨ย๬๝๬ภ ึ๨ย๬๝๬ภ ๹ภഁ๥ ᆸ๥๧ງ๴ᆸ ภ๧๿ภุ๥ภุ̣๷ภ ึ๨ย๬๝๬ภ ๷๷๹ภ๹ภ๮ ึ๨ย๬๝๬ภ ๖ᇍ ๗๙ภ๮ᇍ ᇍ๗๹ภ๚๹ภᆩ๗ഁȲ๿ງ๷ഁ๪๳๬ງภງງ๷ᆧঅ๗๹ภ ๳๹ภງງ๹ภᆧ๮๪๥ภᇍ๮๴๿๗๪ᆸ๧ᇍ๗๴๿๹ภภ๣ุ๹ภึ๨ย๬๝๬ภ ๷ภ๬๿๤๙๹ภภ๙๹ย ๬๿ᆮഁງภഁ๙๬๿๳๥ᆮງภ ງ๙๳๮ᆧภ๗ງภᇇ ภᆧ๗๮๪ภᆩ๹ᇇ ᇇ๗๪ഓ๴๿ภภຉ๴๿๥ഓภຉ ຉ๥๤๬๿๥๨๷ภ ๮๮ᇇ๹ย ๗ᇍ๗ᇇ ภഓ๹ภภ ຉഓ๥ഁຉ ภ๥๤ງภ๤๳๙๹ย ງᆧ๙๹ย ภ๪๴๿ภ๬๿๙ภ๮ᇇ๗ภഓຉ๥ภ๤๙๹ย ๗ภഓຉ๥ภ๤๙๹ย ๴ࣟຉᆧภ˚ ๪๚๴ภ๿ภ๪๚๴ภ ஔȲภ ๿ৄ๬Ȳภ๿ ๿๧๬๹ภ๙ภ๹ภ๴๥ᆩக๴๪๚๴ภภ๥ᆩ ๪๚๴ภ ๙ภ๥Ȳ๿๙ภ๴Ȳ๬๿Ȳ๿๴๬๹ภ๝๬ภ Ȳ๿๷๹ภ๴๷๣๴๥ᆩᆮภ๷ภ๥ᆩ๣๥ᆮภᆮ๹ภ๥๙ภ๤ᆸ๮๙ภ๴ᇍ๤ᆸ๪๴๗Ȳ๿ภ๕ᆸ๪Ȳ๿๹ภ๷๪๚๴ภ ๥๕ᆸ๷ภഁ๣ภ๥ᆮງภ๣ภ ᆮ๴Ȳ๿ภ๪๥ภ๤ᆸ๪๥ภ๿๬ภ๬๤ᆸ๹ภ๿๪ภ๬๗๪๴ภ๕ᆸ๿ ๿ᆩ๕ᆸ๗๥๮๥ᆩᆩภᇍ๥๙๮๴ภ๥ภ ᇍ̣๷ภᇍ๴๪๥ภ ๙ภࣤງ๪๥ภ๴˚Ȳ๿๿๷ࣤງ๬ภ୑๬๷ງ๿๗ภ๧ᆩ๗ภภ๮๣ᆩภ๗ᆮภᇍ๮๙๷๹ภᇍ๲๿ภ๙๷๹ภ ๴ഁ๤ᆸ๴ࣤງภഁࣤງ๪ଫ๷ງภ๕ᆸງ ภ๷ଫภ๙๬ภ๥๙๬ภภ๴๗๷๹ภ๪๥ภ ๚ᆩ๗๷๹ภ๗๚ᆩഁ๬ภງภഁ๗๿ภງଫ๗ᆩภଫ๹ᆩภᆩ ๮ᆩ๙๬ภ๹๙๬ภᇍ๙๗ภ๗๴๚ᆩ๚ᆩࣤງ๗๷ภ๗๗ภᆩ๗๹ᆩ ภ๹๷๹ ภ ๴ࣤງ๷ภ ๷๹ภഁ๪઩๬ภ ງภଫ๙๬ภ๖ᆸ๙๚๖ᆸ๗ภ๙ᆩ๗ᆧ๚ᆩภ๴๿ᆧ๗ภ๴๿๬๗ᆩภภ๿ᆩ๙๬๹ஔภภ๿ ๿๙க๖ᆸ๴ภภ๖ᆸக๙๪๥ภ ภ๙ภᆧภᆧ๴๿๷ภ๴๿ ๬๝๬ภภ๗ภ๿๬๝๬ภ ๬๙๿ ภ๷๙கภ๷๹ภᆮ๧ภகภ๹ภ๮๴ᇍ๗๮๤๪ภᇍ ᇍ๗๹ภ ๬๝๬ภ ๬๝๬ภ ๹ภഁ๥ງഁ๷๖ᆸ๗ᆸ๳๙ງ ງภງ๷ᆧ๹ภย๳ ภᆧງ ງ๹ภ๮๪Ȳ๿๴๿ภᇍ๮๗๪๬ภᇍ๗๬๴๿๹ภ๹ภ๿๙ഁ๥๬๿ภகງภᆸഁ๧๳ງ๙๬๿ภງ๳ภᆧງื๙๮ภᆧᇇภ๪๬๝๬ภ ฽๨ยȲ๿ ภ๗๮๪ᇇภ๴๿ᇇ๗๴ภ ๿ภ ภ๥ᆩ๴๥ᆩ๷ഓ๬๿ภຉ๬๿๥ഓ๹ภ๙ຉ๬ຉ๙๥๛๮ภᆸ ᇇ๹ภ๮๛ᇍ๗ᇇᆸ ᆸภ๗க๨ภ๹ภ๴๨ภ๴๼๥ᆩ๗๹ภ ഁ๥ᆩ๧๼ງภഓ๳ᆩ ᆩຉ๧ഓย๷๥ງᆧຉ ภ๥ย๛๗ภภ๪ภ๬๿ᆸ๛๗๴๿ภ๷ᆸ๬๿๗ภᆮ๨ภภ๧๗๨ภภᆧ๼๴ภ๬๿ᆩ๼ᆧ๙ภ๧ᆩ๧๤๪ภ๙ยภย๮๤๬๿ᇇ๗๬๿ภ๴๗ภ๙๹ย๥ᆩภ๗ᆧภᆧഓ๙ภ๙ภຉ๥ภ๛ᆸ๗ ๗ภ๴๥ᆩภഓຉ๥ภ๛ᆸ๗๨ภ๼ଳ๷ภ ᆩ๧๗ย๴๪๥ภ ๴๪๥ภଥ๗๥ภଥ๙ภᆧ̣๷ภ ઈ๙ภ๬๿ ๴๪๥ภ๮๧ภଥ๧ภଥ๴๙ภ๪๙ภ๥ᆩ๴๥ᆩ๴๷๥ᆸภ๯ᇇ๷๥ᆸ๹ภ๧๧๹ภ๴๮๮˚๴๧ภ๿๗๷ภ๧ภ๹๴๗๷ภ๴๥ᆩ๪๥ᆩ๪๷๴๪๥ภ ๙ภ๙ภ๥ᆸ๷๧๥ᆸภ๴๪๥ภ๧๹ภ๮ ภ๚ภᆩ๷๧๚๹ภᆩ ᆩ๹ภ๧๴๹ᆸଥภ๴ภ๹ᆸ๧๗๷ภ๙ภภ๹ᆸ๧๗๷ภ๬ภ๪๧๬ภధ๥๥ᆸ๪๬ภ๚ధ๧ภ๙ภ๧ภᆩ๚๧ధภ๮ภᆩ๧๖๧ภ๖๧ภภ๗ภ๗๹ภ๖๹ᆸ๗ภ๴๗๹ᆸ๥ᆩᆩ๗ภ๧๹๮๧๹๗ภ๷ภ๬ภᆩᆩ๷ภ๬ภ๹ధ๹ภภధ๧ภ๴๧ภ ๪୶๬๹ภ ๬๝๬ภ ๗๷ภ ๪୶๬๹ภ ๖ ๖๗ภ ๗ภ๷๗๪ᆩ๗๵ภ๚ᆩ ᆸภ๹๥๵๮ᆩ๧ภᆸ ᆸᇍ๥๨๗ภภ๴๿๨๹ภ ๪୶๬๹ภ ๹ᆸ๴๿Ȳഁภ๧ภ ๪୶๬๹ภ ๿ ງȲ๴๬ภ๿ ๿ ๿ภ๬๵ధᆸ๵๹ภ๥๧ภᆸ๥๨๷๹ภ๖๨๴๿๗ภ๴๿ഁȲ๗๿ງภȲ๬ᆩ๹๿ৄ๬ภ๹ภ๥ภ๹ภ๙ภ๪୶๗๚ ๖๗ภ๗ᆩ๹ภ ๪୶๬๹ภ๖๗ภ ๵ᆸ๥ภ๙ภ๨க๗๹ภ๴๿ ๬๝๬ภ๙ภ๴๹ภȲ๿๴๷Ȳ๿๷ க๗๹ภȲ๥๿๙ภ๬๥ க๗๹ภภ๹ภ๷ க๗๹ภ ๣ᆮ๮๣๝ᇍ๥ᆮᆮ ᆮ๗๹๥๝๙ภᆮ ᆮ๹ภ๙ภ๛๴๴๛๥ภഁȲ๿ງȲ๿๩๥ภ๴๷ᆸ ๿ภ๷๗๩๣๷ᆸภᆸ ᆮยภ๗๣๝ᆮภ๹ภᆮย๝๹ᆮഁภ๹ງภ๛ৄக๗๹ภ ๛๥ภ๥ภ๩ᆸ๩๙ภ๗๷๹ภ ᆸ๗๥ย๗ภ๙ภย๚ᆩ๴๗Ȳ๿๬๝๬ภ ภ๖๷ᆧภภ๣๷ᆮภ๝ᆮ๹ˠຉ๹ภภ๹๛๮ภ๥ภᇍ๗๪๩๹ภ೫๧ภᆸ๗ഁภยງ๴๿ภ๪ഁ๪ภ๧ᆩภ๥๙ภ ๗๚ᆩ๗ภ๪ഁຉ๬๹ภ๴๪๥ ๤ᆸ๗ภ๷ ๹ภ๬๝๬ภ๷๹ภ ๮ᇍ๗๹ภഁງ๴๿ภ ๥̣๷ภ ๖๙ภ๪๣ᆸ๗ᆩภ๧ภ๧ᆩภ๗๥̣๷ภ ᆩภ๷๗ภ˚๿ภ๷ᆮ๧๗ภภȲ๷๿๬ᆮ๧๹ภภ க๗๹ภৄภ๗๹๷ภ๪๕ᆸ๥ภ๴๪๥ภ๥๗ᆸย  Ȳ๿๬Ȳ๿๬๹ภ๥๪๙ภ ๹ภ๥ᆸ๧๥ภᆸ ುᆸ๧ุภุຉ๙Ȳ๿Ȳ๿ภ๗๬ ื๨ย๮ᇇ ื๨ย๮ᇇ ๬๹ภ ᆩภȲ๹ภ๥๿๬ᆸ๥๧๹ภᆸ ภ๗๧ุภ๗க್ุภ๗๹ภ ื๨ย๮ᇇื๨ย๮ᇇ ್๪ภ๥๪ภ ๙ภ๥ৄ๙ภ๗ภᆸ๗๥๗๹ᆧภ ᆸᆸภᆸ๗๧Ȳ๿๥್ภᆸ ๬ᆸ๧್๷๪ภภ๹ภᆮ๧๪ภ๷๥ᆮ๪ᆮ๧๤๙ภ๥๙ภ๣ᆸᆸ๧๤๗๧ภุᆸ๗ ๙๹ย ๥ภᆸภื๨ย๮ᇇ ๙๹ย ๥ᆸ๥ ๧๙ภᆸ ภ๧๷ภᆮ๷๧ᆮ ภ๧๷๗ภ ๤ภ๤๙๹ย ๗๙๹ย ๷ภ್ᆮ๧๪ภภ๴๥๤๪ภ ๙ภ๗๥ᆸภ๥๗ᆸᆸ๧๨ภ๷ภ ᆮ๧ภ๤๙๹ย ึ ๪๚๴ภ ๪๚๴ภ ๼ᆩ๬๝๬ภ Ȳ๧๿๬Ȳย๿ ๿๬๹ภ๷๹ภଳ๷ภ ๴๹ภ๥ᆩ๴ ๪๚๴ภ๥ᆩ ๪๚๴ภ ๗๮๗ᆩ๗ᇍ๗๥Ȳઈ๙ภᆩᆸภᆩ๹ภ๿Ȳ๧๥๬๿ ᆸ ᆸ๬๧๮๹ภഁ๥๹ภ๮๧ภ๴̣๷ภ ງ๴๴๥๧ภ๿ภ๥ᆩ๥ᆩ๙ภ๥๗̣๷ภ ๷ᆩภ๙ภ๗๥๹ภᆩ ᆸ๥๧๖ᆸ ๥ภ๧๵๙ภ๮ภ๙ภ๪๙ภ ๮๵๙ภ๧ภ๧ย๪๚๴ภ ๧ภ๥๧๴๥๙ภ๙ภ๯ᇇȲ๪๚๴ภ ๿๬๧๪๚๴ภ ๹ภ˚๵๙ภ๴๿๹Ȳ๥ᆩ๿๧Ȳ๬๧ภ๗๿ ๿ภ๬๹ภ๬๝๬ภ ๵๙ภ ภ ᆩภ๹ภ๥๴ᆸ๧๥ᆩ๴ ๪๚๴ภ ๪๚๴ภ ภ๮๥ᆩ ৄ๷๧ภৄȲ๥๹ภ๥ภ๿Ȳ๙ภ๥๬๙ภ๿๬๙ภ๮๴๹ภ๹ภȲ๿๴ᇍ๗Ȳ๿๴๷๹ภ๥ᆩ๵๙ภภ๥ᆩ๷๣ৄഁภᆮৄ๣๧ງ๴๥ᆮภᆮ๥ภ๙ภ๿ภ๙ภ๪๳ຉ๴๴๪๚๴ภ ภ๪๳ຉȲ๿๵Ȳ๿ภ๷ᆸ๥๵ภ๷ᆸ๣ᆸ๥Ȳᆮ๨ภ๣ภ ๿๬ᆮภ๴๿๨ภ๴๿Ȳ๹ภ๿๪๳ຉ๬Ȳ๪๳ຉ๴๿ ๿ภ๬๹ภ๥ᆩ๵ภᆸ๵๹ภ๥ৄᆸ๥ภ๨๥ภ๨๴๿๙ภ๴๿Ȳ๴ภ Ȳ๿๿๬๬๷๹ภ๹ภภ๣ᆮภ ๥๙ภ  ๥ᆮ ภ ৄ ๴๗ᆸ ๴๿ ภ ๴ ภ‫ك‬๹ภ๪ অ๗๹ภ ๬ ๿ ภ ৄ ๬ ภ ๗ ๝๬ภ ᆩ ภ ๖ ภ ‫ك‬ ๷ ๗ภ ๹ภ ๷ ๮ ๹ภ ᇍ ๗๷ᆮ๪๹ภৄ્‫נ‬๪ภภഁ๧๪๴๙ภଳ๥ภ ງ ภ ๥ ๙ภ ๪๥ภ ๨๥ยᆸ๛๧ภ๴๮๜ᆸഓ๿๧ภ๗ภৄ๬ภ ภ๴‫ك‬๧ภ ภ๪๥ภ๥ᆸ๗๬๗ᆸ๹ภ๨๝๬ภ ภภ๣ᇍ๗ೆᆮภ๨๥๹ภ๪๹ภ ๴๿๮๗๹ภ ๿ภ๹ภ๥๪๨๚ภ๙ภ๷ᆩ๨๧ᆧ๚๷ภᆮ๴๧ງภᆩ ᆩᆧ๧๛๹ภภȲ๿๨ງภภ๛๗๹ภ ๷๬๝๬ภ ๕๴ภ ഁᆩ๚๷๧๹ภງภᆩ๧๹ภ๮๙๥ᆸ๷ภᇍ๗๮๗ᇍ ᇍ๗๹ภภ ๙ภ๴Ȳ๿๷ภ๣ᆮภக๗๹ภ க๗๹ภ ๪๳ຉ ৄ ภ ๵ ৄ ภ ๧ ๥ ᆸ ภ ๙ภ ๧ ๨ ๗ ๴๿ᆩ ๗ க๗๹ภ க๗๹ภ ๙ภ ภ๥Ȳ ᆩ ᆸ ๧ ᆩ ภ ๥ ๿ ๬ ᆸ ๧ ๮ ᆸ ৄ ๹ภ ৄ ๮ ๧ภ ๧ ৄ ๙ภ ๧ ๥๙ภ ๥ᆮภৄ๥๙ภ๴๿๝ᆮ๧ภ๥๙ภ๴ภ๪‫ك‬๹ภ๥ᆮ๚ᆸภ๷ৄ๥ᆮ๬ภภ๬๿๴๿ภৄภৄ๴๝๬ภ๿ภ ภ๗ᆩ๴ภ‫ك‬๹ภ๖‫ك‬๹ภ ภ ๙ภ க ๗ ๗ᆩ க ๥ ภ ᆩ ๥๧ ᆸ ๗ᆸ ᆸ  ๧ภ ๮ ๗ᆸ๪ ภ ‫ك‬๬๮ ภ ๧ภ ๪ ๗ภ ๿ ๧ภ ๷๬ ৄৄ க๗๹ภ ๧ ᆮ ๷ ৄ ๿ ภ ภ ৄ ๗ க ภ ๧ ᆮ ᆮ ๨ ๹ภக ᆩ ภ ภ ๗ ๖ ๨ ๴๿  ๪ ภᆩ ภ  ๖ ‫ك‬ ೆ ๗ᆸ ๴๿ ‫נ‬๪ภ๗ᆸ ภ ภ ๗ภ ೆ ๪๹ภ ‫ك‬ ๪ ๷๗ภ ๴ ๷ ๹ภ ๷ ๷ ๗  ๪๥ภ ๹ภ ๧ ᆮ ᆮ ᆩ ๧  ๹ภ ๪ ภ ๨ 28๗ ๨ ๛ ᆸ ‫נ‬๪ภ ๥ᆸ ๴๿ ๪ ภ ๹ภ ๗ ภ ‫נ‬๪ภ ๴ೆ ๿ ๜ᆸ๿ ೆ ๹ภ ๨ ๴ ๪๹ภ ๪๥ภ ๗๨ ๴ ᆧ ๪๹ภ ภ ๴ ງ ᆧ ๪๥ภ க๛ງภງ๥ᆸ๛๗๹ภ ๛๪๥ภ ๴ ๛ ภ ๬ ๜ᆸ๴ ๗ ภ ๿ ๜ᆸ ๥ ภ ๗ ๙ภ ๴ ๪๥ภ ๴ ๪๥ภ Ȳ๿ ๬ ๷ ๿ ๬๝๬ภ ๬ ๥ ๣ ๙ภ ภ ᆮ ๿ ๥ ๨ ๷ ภ ๴ ๚ ๙ภ ๕๴ภ Ȳ๿ ๷ Ȳ๿ ๙ ภ๷๬๝๬ภ ๣ ᆮ ๬๝๬ภ ภ ๥ ๣ ๹ ᆧງ ງ๷๹ภᆩภງภ๛๹ภ๮๗๹ภ ๹ภᆮ ഁᆮ๷ᆮภ๷๥๕๴ภ๨ງഁ๷ภภ๧๧๕๴ภ ๙ ภ ᆩ ๙ ๷ภ ᇍ๮๗ᇍ๗ᆮ๷๹ภ๹๨๹ภภᆮ๧๷ഁภ๚ᆩภງภഁ๧ᆩ๧ງภᆩภ ภ ๷ภ ๹ ๛๗๹ภ ๨ ภ ๚ ᆩ ๧ ภ ๥๙ภ ๧ย๷๥ᆮ๹ภৄ๮ᇍ๴๿๗ภ๴๹ภഁ‫ك‬๹ภງภ ๬๿ภৄภ๗ᆩภ๖๷ภ‫ك‬๹ภ๗ภ๮๷ᇍ๗๹ภ๹ภ๬๝๬ภ ๼ᆩ๬๝๬ภ ๪ ഁ‫נ‬๪ภງภৄ๴ภக๪๥ภภ๮๛๥̣๷ภ ᇍ๗๹ภഁ๴ງ๴๿ࣤງ๷๥๨๷ภ ภ ๴ ๜ᆸ ๗ ภ ๴ ๪๥ภ ภஔ๬๿ภภ๥๗๙ภᆩภ๲ࣟຉ๴๪๹ภ ᆧ ๙ภ๣ᆸ๗๸ภᆮ๹๥ᆸ๧๵ภ ᆸ๧ ๗ᆸ๙ ๴๩ᆮ๷ ๵ᆧภ‫ۑ‬๗ภ๗ᆩ ๥ᆸ๧ Ȳ๿๷ภ๣ᆮภ๥๕๴ภ๙๷ภ๹ᆮ๷ภ๧ᆩภ ภ๬๿ภ๥๙ภ๴Ȳ๿๷ ภ๣๼ᆩᆮภ๥๧ย๕๴ภ๙๷ภ๼ᆩ ๧கภ๹๼ᆩᆮย๷๧ภย๧๬๝๬ภ ᆩภ ๷๹ภ๮ᇍ๗๹ภ ഁງ๴Ȳ๿๿ภ๥๬̣๷ภ ๹ภ๥๖ᆸ๧๙ภภื๚฾๨ย๬๝๬ภ  ᆩ๗ภ๪অ๗๹ภ๣ᆮ๷48๹ภ48๥ᆮ๮ภ๗ᇍ๗ᆩ๹๹ภภഁ๥๨๷ภ ງภ48๗48ᆸ๙ภ๴๩ᆮ๷ภ˚๿ภ๤๪๹ภ๷๬ย48 ๼ᆩ๧ย   ๴ࣟຉ  ᆧภ˚๿ภஔภৄภ๧๙ภகภ ๬๝๬ภ๷๹ภ๮ధ๧ภ ᇍ๗๖๹ภ๗ภഁ๗ງ๴๿ภઈ๙ภ ๮ᇍ๗๬ภ๥๹ภű๿̣๷ภ๹ ˚๿ภ୑ງ๧ ๬๝๬ภภ๗๲๿๷ภ๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๷๹ภഁງภ๥๙ภ 48  Ȳ๿ ๬ ๹ภ ๥ ๧ ᆸ ภ ุ ุ๨ย๪୛ภ ๥ ๧ ᆸ ภ ഖ ๥ ຉ ภ ๷ ๧ ᆮ ภ ๴ ๪๥ภ ๧ ภ ᆩ ๗ ภ ᆩ ๪ ଱๥ภ ๪಻๷ย Ȳ๿๬๹ภ๥ᆸ๧ภȲ๿ุ๬๪઩๬ภ Ȳ๿๹ภ๬๥๹ภ ุ๨ย๪୛ภ ᆸ๧๚๥ภ ᆸุ๧ᆩ๗ภุ๗๥ᆩภᆸ๧ภ ุ๨ย๪୛ภ ุ๨ย๪୛ภ ഖஔภຉ ๥๴ภ๷๪๥ภᆮ๥๧ᆸ๧๴๥๷ภ ᆸഖ๧๗ภຉ๪๥ภภഖຉ๧๷๥ᆩภᆮᆮ๧๗๷ภᆩ ᆮ๴๧๪ภৄภ๤๪ภ ଱๥ภ๪๥ภ ๴๪๥ภ ๥ ๧๪๙ภᆩ ๗๧ᆸ๗ᆩᆩภย๪ ಻๷ย ๗๚ᆩᆩภȲ๿๗๪଱๥ภ๬ภ଱๥ภ ๖ ๪๹ภᆧภ๪๥ᆸ಻๷ย ๧ˠຉภ಻๷ย ื๹฽๨ยȲ๿ ภ ๪ ೫๧ภ ๤ ๗ ᆸ ๬ภ๷๹ภ๹ภக๗๹ภ๬๝๬ภ ๷๗ภ๷๷๹ภᆮ๧๮ภ๴ᇍ๗๤๪ภ๹ภഁ๤๙๹ ງภ๗ ๪๚๴ภ Ȳ Ȳ๿๬๹ภ๥ᆸ๧ภุุ๨ย๪୛ภ ᆸ๧ ഖຉ๥ภ๷ᆮ๧ภ๴๪๥ภ๧ᆩภ๗ᆩภ๪଱๥ภ๪಻๷ย ๿ ๬ ๹ภ ๴ ๥ᆩ ภ ๗ ภ ᆩ  ๥ᆸ ๧ ภ ๮ ๧ภ ๥ ภ ᆮ ৄ ภ ๗ ᆩ ภ ೆ ຉ ᆧ ภ๷ ๹ภ  ๹ᆸ ภ ๧ ๬ภ ధ ๧ภ ๖ ๗ภ ๗ ᆩ ภ ๖ ภ ‫ك‬ ๗ภ ๷ ๹ภ ๴ ๪๥ภ ๪๚๴ภଳ๷ภȲ๿๬๗๹ภઈ๙ภ ๪๚๴ภ ๪๚๴ภȲ๗๿ ᆩ̣๷ภ๬Ȳ๿๹ภ๬๷๴๹ภ๹ภ๥ᆸ๥ᆩ๴ภ๧๥๗๥ᆩภ ภ๮๪๙ภ๗ᆩ๧ภ๴๥ᆮภ๯ᇇ๥ᆸৄภ๧๥ᆸ๗ภ ᆩภ๮๧˚ೆ๗ઈ๙ภ ๴๥ᆩ ภ๿๧ภຉ๮๹ᆧภ๥ภ๧ภᆮ๷ৄ๥๗ᆮภ๹ภ๗ৄᆩ ๥ᆩภೆ๗๹ᆸ๬๿ຉᆩภᆧೆ๗๧ภຉ๹ᆸ๷ᆧ๹ภ๬ภ๧๹ภ๷૱ధ๥๬ภ๹ภ๙ภ๧ภ๷ภధ๧๖๥๧ภ๗ภ๙ภ๹ᆸ๗๹ภ๖๷ภ๗๧๹ᆸᆩ๗ภ๹๮๬ภ๧๗ᆧᆩ๷ภภధ๬ภ๖๿๬ภధ๧ภ‫ك‬๖๧ภ ๬๝๬ภ ˚๗ภ๗ภ๿ภ๖๗๷๗๭ᇍภ๷ᆩ๹ภภ๖๗๹ภᆧᆩ๴‫ك‬๿๬๖๮ภภᇍ๪๥ภ๗ภ‫ৄك‬๷๹ภ๗ภ๹ภഁ๷ງ๴๹ภ๷ᆸ๿ ๴๪๥ภภஶ๪๥ภ๷๹ภ ๴๿ ๴ഁ๛ ๗๧๹ภ ৄ ๷ภ ๪ ୛ภ ๥ ᆸ ๧ ภ ഖ ຉ ๥ ภ ๷ ᆮ ๧ ภ ๴ ๪๥ภ ๧ ภ ᆩ ๗ ᆩ ภ ๴ ๗ᆸ ภ๴ ‫ۑ‬ງ ๧ ภ ๴ ๤๪ภ ๥ ๗ᆸ ๨ ภ๼ ๧ ᆩ ย ภ๧๬ภధ๧ภ๖๗ภ๗ᆩภ๖ภ‫ك‬๗ภ๷๪๚๴ภ ๗๧๹ภ๴๖๗ภȲৄ๪๥ภ๿๬๷ภ๙ภ๹ภ๪ ๹ภ ๗๧๹ภ๴୛ภ๥ ๗๧๹ภᆩภ๗ᆸৄ๧ ๬๝๬ภ๷ภᆩ ഖৄຉ๥๪๷ภ୛ภ๷๪๹ภ๥ᆸᆮ๥๧୛ภ๧ᆸ๮๧ภᇍ๴๥๮ภ ᆸ๗ഖ๧๧ภຉ๪๥ภภ๹ภഖ๥ຉഁ๧๷๥ᆮภৄᆩງภᆮ๧๴๗๷ภ๿ภ๗ᆩ ᆮ๴๧๷ᆩภภೆ๗ᆸ๸๹ภ ๪๥ภຉᆧ๴ഁ๪๥ภ๧ภ๷๪ງ‫ۑ‬ງᆩৄ๗๧๹ภ઩๬ภ ๴๹ภ ᆩᆩภ๥๴๗ᆩภ๙ภ๗ᆸ๷๹ภ ๴๤๪ภ๚๗๴ᆩ๗๹ᆸᆸภ๥‫ۑ‬ງ๚ᆩ๴๴๗ᆸ๧ภ๧‫ۑ‬ງ๪๥ภ ภ๨๴๬ภ๧๖ภ ภ๼๴ᆧภ๤๪ภధ๗ᆩ๧๧ภ๤๪ภઈ๙ภ ภ๬๝๬ภ ๖๗ภ๗ᆩภ๖ภ‫ك‬ᆩ೫๧ภ ๷๥ย๗ᆸˠຉ๹ภ๥๗๨๗ᆸ๹๮ᆩ๹ภ ภ๼๨ᇍ๗๪ภᆩภ๧๼๹ภ๤๪๹ภ ยഁ๗ภยງ๴๷๿ภ๪๷๹ภഁ๪ภ ๴๪๥ภ ๬ภ๪๧๳ຉᆩภ๥ภೲ๙ภງ ๗๧๙ภ๗๚ᆩ๥๗ภᆸย๪ഁ  ๗๧๹ภৄ๷ภ๪୛ภ๥ᆸ๧ภഖຉ๥ภ๷ᆮ๧ภ๴๪๥ภ๧ᆩภ๗ᆩภ๴๗ᆸภ๴‫ۑ‬ງ๧ภ๴๤๪ภ๥๗ᆸ๨ภ๼ᆩ๧ย ๗ᆸ๨ภ๼ᆩ๧ย   ๤ᆸ๗ภ๷๹ภ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ภ ๥̣๷ภ๖๙ภ๪๣ᆸ๗ᆩภ๧ภ๧ᆩภ๗ᆩภ ๥̣๷ภ๷๗ภ˚๿๷ᆮ๧๗ภภȲ๷๿๬ᆮ๧ภ๹ภக๗๹ภৄภ๗๹๷ภ๪๕ᆸ๥ภ๴ Ȳ๿๬๹ภ๥ᆸ๧ภุู๨ย๥ᆸ ๧ภ๮ᆩภȲ๧ภ๿๬๹๹ภᆸภ๹கᆸภ๴๗๹ภ ๪๥ภ๛ภ๗๧๹ภ๴๪๥ภ๪๣ᆸଥ๧๙ภภ๥๪๙ภย ๷๗ภ๷ᆮ๧ภ๴๤๪ภ๥๗ᆸ๨ภ Ȳ๿๬๹ภ๥ᆸ๧ภȲ๿ุ๬๥๪๙ภ Ȳ๿๹ภ๬ ู๨ย๥ᆸ ๥๹ภುᆸ๧๥ภຉ๙ᆸุ๧ภภ๧๗ุภ๮ ู๨ย๥ᆸ ู๨ย๥ᆸ ๧ภ ๹ᆸภ๹๧ᆸภ ภ๴๮๧ภ๪๥ภ๧ภ๮๹ৄ๧ภ๛ᆸ ภภ๹๗ᆸᆸภ๴๹๗๹ᆧภ ᆸ๧๹ภภ๴๪๥ภ๴๪๥ภ๛๪๥ภ๗๛ภଥ๗๧๹ภ๙ภ๧๹ภ๪๴ย๴๪๥ภ๪๥ภଥ๙ภଥ๪๙ภย๪ย 4 Ȳ๿๗๷ภ๬๹ภഽ๿๥ᆸภ๧ภุ๪๚๴ภ ู๨ย๥ᆸ ๼ᆩ ๧ ย Ȳ๿๬ଳ๷ภ ๹ภ๧ภ๴๮๗๥ᆩઈ๙ภ ภ๧ภ๗ᆩภ๹ᆸภ๥๹๥ᆸ̣๷ภ ᆸภ๴๧ภ๮๪๥ภ๷๧ภ๛๹ภ๛ภ ภ๗๸๥๧๹ภ ๹ภ๷๴๴ภக๪๥ภ๯ᇇภ๚๧ᆩଥ๗ภ˚ภ๙ภ๛๿๹๪ภ๬ภยງ๥ภ๬๝๬ภ ๪๙ภ ๪๣๙ภ๴๷๥ᆩ๹ภภᆧ๮๙ภᇍ๗๴๹ภ๪๥ภഁଥງ๴๙ภ๿ภ ๥ᆸ๧ภ๮๧ภ ๗๷ภഽ๿๥ภ๗๷ภ ๗๷ภ ഽ ๪๚๴ภ๿๥Ȳภ ๿๬๹ภ๪๚๴ภ ഽ ๿ ๥ ภ  ๴๥ᆩȲ๗๿ ᆩ๬๹ภ๥ᆸ๴๧๥ᆩภ๮๗๧ภ๛ภ๥ᆸ๸๧๹ภภ๮๷๧ภ๷ᆮக๛્๚ภ๸ᆩ๪๗๹ภ๛ଳ๥ภ๷ภ๬๨கງ๥ภย๚๪ᆩ๗ภ๚ภ๣๙ภ๛ᆩ๗๴๬๛ງ๥ᆩภ๬ภᆧ๪ງ๥๙ภ๣๙ภ ๪๚๴ภ Ȳ ๿ ๬ ๹ภ ๴ ๥ᆩ ภ ๗ ᆩ  ๥ᆸ ๧ ๮ ๧ภ ๛ ภ ๸ ๹ภ ๷ ภ க ภ๪๴๣๙ภ๴๪๥ภ๥ᆩ๴ଥᆧ๥ᆩ๙ภภᆧ๴๙ภ๥ᆸ๪๥ภ ๴๧๪๥ภภଥ๮๙ภ๧ภଥ๙ภ๥ᆸ๧๥ᆸภ๮๧๧ภภ๮๧ภ ధ๗ภ ๗๷ภ க ๹ภ ๗ ๲๧ภ ৄ ภ  ๛ภ ๪ ๲๗ภ ೲ ภ ງ ๷ ๗ภ ๷ ๧ ᆮ ภ ๴ ๤๪ภ ๧ ᆩ ภ ๥ ๙ภ ๛ ภ ๴ ๜ᆸ ๗ ภ ๴ ๪๥ภ ๥ ๗ᆸ ๨ ภ ๼ ๧ ᆩ ย ๪๣๙ภ๴๥ᆩภᆧ๙ภ๴ధ๗ภ ๪๥ภଥகഽ๙ภ๿๥๹ภ๗๥ᆸధ๗ภ ๪๚๴ภ ๲๧ภ ధ๗ภக๮ৄȲภ๹ภக๧ภ๗๿๬๹ภ๛ภ๹ภ๗๪๲๧ภ๲๧ภ ๴๲๗ภৄ๥ᆩ ๗ৄೲᆩภງ๛ภ๷๪๛ภ๥ᆸ๗ภ๧๪๲๗ภ๷ภ๮ᆮ๧๲๗ภೲ๧ภภ ງ๴ೲ๷๛ภງภ๤๪ภ๗ภ๸๷๹ภ๧๷๗ภᆩᆮ๧๷๥๷ภภᆮ๙ภ๴๧கภ๛๴๤๪ภภ๚ภ๴๤๪ภ ᆩ๗๧๜ᆸภ๛ᆩ ๗๥๧ภ๬ᆩ๙ภ๴๥ງ๥๛๙ภ๪๥ภภ๪๴๛๣๙ภ ๬๝๬ภ๷๹ภ๮ᇍ๗๹ภഁງ๴๿ ๥๨๷ภ๴ࣟຉᆧภ๥๙ภ๸ᆮ๹ภ๵ᆸ๧ภ๗ᆸ๙ภ๴๩ᆮ๷ภ๵ᆧ 28 ภ ๥ ๜ᆸ๴ ๗ᆸ ๜ᆸ ๴ภ๨๴๗๥ᆩภ ภ๼๴ภᆧᆩ๪๥ภ๧๪๥ภ๙ภย๴๗ᆸ๥๪๥ภ ๨๗ᆸ ภ ๨ ๼ ଥᆩภ๧๼๙ภᆩย๧ย๥ᆸ๧ภ๮๧ภ ¬¬ ధ๗ภ க ๹ภ ๗ ๲๧ภ ৄ ภ  ๛ภ ๪ ๲๗ภ ೲ ງ ภ ๷ ๗ภ ๷ ᆮ ๧ ภ ๴ ๤๪ภ ๧ ᆩ ภ ๥ ๙ภ ๛ภ๴๜ᆸ๗ภ๴๪๥ภ๥๗ᆸ๨ภ๼ᆩ๧ย ภ๥๗ᆸ๨ภ๼ᆩ๧ย    འབྲུག་གི་མȲ๿ཉམ་ ๬๹ภལས་๥ཚᆸ๧ོགภืས་฾๨ย๬๝๬ภ སྡེའི་བཅའ་ཁྲིམས་(๷འཕྲ๹ภི་ས๮ྣོནᇍ๗) ๹ภ༢༠༠༩ ഁງภ๗ᆸ๙ཅན་ภ๴๩ᆮམ๷། ภ˚๿ภ๤๪๹ภ๷๬