Bauchi State Cooperative Societies Regulations, 2005

25 Business at ordinary general meeting Special general meeting Quorum at general meeting Conduct of general meeting Voting at general Meetings Minutes of general meeting Tenure Eligibility Disability of committee Member 668) CamScanner CamScanner CamScanner ij "i mae 1 lat: oc * ; ¥ ‘ a4 . . 8) CamScanner CamScanner ~ DECREE NO 90 OF 1993 BAUCHI STATE COOPERATIVE SOCIETIES REGULATION, 209, In the exercise of the powers conferred upon me by section 56 of the Nigeria, operative societies law, 1993 I ALHAJI ADAMU IBRAHIM BARA, Honorable Commis. . Ministry of Cooperatives & Poverty Alleviation make the following regulations, 1. These regulation may be cited as the Bauchi State co-operative SOcjox f‘ Title and Comm encem COMMencement regulations, 2005 and s hall come into operation on th, >. ent Ne 3" 4, of January 2005. || Interpretation In these Regulations, unless the context ee fequires: “Bye baw Meap, 1] any bye-law made pursuant to section 11 of the law; “Commissioner” me;,.. commissioner responsible for the matters relating to co-operative societic- ,. th It state; “Committee” means the elected officers of a registered Society; “ra4 . society” means a co-operative society registered or deemed to have »-.. Ti registered of limited liability whose principal operations are the provision c¥ +-.: at savings and the issue of loans to members and where its bye laws permit th marketing of members produce, “Decree” means the Nigerian CO-Operatiy: society Decree, N 90 of 1993: Director means a person appointed by the s=- Governor Pursuant to Section 1.

2 Of the Law “Society” means a co-operative society registered or deeme: have been registered in Nigerian under the provisions of the co-operativ societies Decree, 1993 “Marketing Society” means a co-operative society registered or deemed to na been registered as limited liability, whose principal operation is the purchase ° members’ produce for resale to their best advantage; “Governor” means “* Administrator of Bauchi State. “State” means the Bauchi State of Nigeria. Register of 3 The Director of co-operatives shall keep or cause to be kept at his offic: entry register to be called ‘the register of co-operative societies’ wherein shal “ entered particulars relating to the registration societies. a 4 1) All original entries in the register of Societies shall be made by 0! Entries in direction of, the Direct , register of ine : or and shall be signed by him poceue 2) Every alteration, interlineations or erasure in the register of the so“ shall be initialed by the Director. / ul CamScanner CamScanner spection of 5 The register of societies shall be o pened for inspection to the public at all > register reasonable times and free of charge. plication for 6 Every application for registration of a socie ty shall be submitted to the jistration director in the form prescribed by him me of the

7 Every society shall include in its name, the natu ciety re and location of the society, but shall not include the name of a person, gistration of

8 (1) Where the director decides to register a prop ciety osed society, the society shall be registered in the register of societies, (2) Upon the registration of a Society, the director shall forward to the society on payment of one Hundred Naira or such other sum as may be prescribed by the commissioner. fusal to 9 When the director refuses to register a society or its bye-laws he shall jister record in writing his reasons for doing so. gister of 10 Every registered society shall Keep a register to be called the register of mbers members’ wherein shall be entered, a) The name, address and occupation of each member and a statem ent of the shares; if any held by him. b) The date on which each member's name was entered in the register c) The date on which any member ceased to be a member, and d) The nominee, if any, appointed under regulation 17. dks and 11 Every registered society shall keep such accounts and shall use such books tounts as may from time to time be prescribed by the Director. alification for 12 The election and admission of members to a registered society, other than >Mbership original members, shall be in such manner and on such conditions as the bye- laws may prescribe thdrawal from 13 Amember may withdraw from a registered society by giving such notice to »mbership the secretary as the bye-laws may prescribe but such withdrawal shall be without prejudice to subsection (1) of section 29 of the law. Z 668) CamScanner CamScanner >» q ” } 14 rules or bye-laws OF ac (1) If a member acts in contravention of the Beiclety Expulsion and such Member ,. of the registere any way detrimental to the in terest Ih Striking off of present at a genera 4 May member be expelled by vote of two-thirds of the men mbers ‘ upon a charge communicated to him in writing by Bee MES Not less 5,. t shal l, how eve r, be tho one week before the meeting, such oo the law. prejudice to sub-section (1) of section 29 of (2) Any member who loses any of the qualification for member, prescribed by the law or the regulation or the bye-laws shall cease to member of the registered society and committee shall Bee Ns name to bg struck off the register of member without prejudice to any liabilities of Suc persons under subsection (1) of section 29 of the law. Restriction on repayment of 15 In the case of any registered society of limited liability holding deposits , money paid loan from members, no member with drawing, remove or expelled there fio, for purchase shall be entitled to a repayment of any money paid by him towards the purchas: of shares of share. Restriction on

16 No registered society shall fix any limit to the number of its members say: membership unless with the consent of the Director.

17 (1) Every appointed of a nominee by any member of a registered for th: Nominees purpose of section 18 of the law shall be made in writing singed by the membe: in the presence of two attesting witness (2) No member of a registered society with one share capital shall entitle ‘ appoint more than one nominee unless that member hold more than one shares (3) In any case where more than one nominee is appointed by member, ‘ number of shares to be transferred or the exact proportion of the ala!’ available to be transferred to each of these nominees shall be specified at \" time of the appointment. (4) Every appointment of a nominee shall be recorded in the registere? 0 members. shall ofor any inter” share byO! ™°"" (5) FOrbe he shall Pea by the represented eens paid forthethevalue nominee, sum actually interest holding it unless the bye-laws of the registered society otherwise provide: K ail CamScanner CamScanner sion of

18 (1) Unless otherwise authorized b ‘it y the commissioner under the second provision to sub-section (2) of section 3 4 of the law, no dividend to payment on account of profits shall be made by soci ety registered with unlimited liability until the reserve fund has reached propo rtion of not less than one tenth of the society’s total liabilities. (2) No registered society shall pay a dividend if the rate of interest on loans granted by it to its members exceeds ten percent per annum. (3) No registered society shall Pay a dividend on share capital exceeding five percent (5%) per annum of the capital actually paid-up (4) A bonus not exceeding five percent (5%) based on wages or on the value of the products of a member, or a bonu s or rebate on patronage calculated in proportion to amount of the business done by each member with the registered society, may be distributed periodic ally to the members from surplus fund after the deduction of all expenditure and after making provision for bad and doubtful debts and making allocation to the rese rve funds. imum

19 (1) Every registered society shall, from time to time at a general meeting, fix the maximum liability it may incur on loan or depos its whether from members or non-members. (2) The maximum so fixed shall be subjected to the sanction of the Director who may at any time reduce it. No registered society shall receive loans Or deposits which will make its liability exceed the limit sanctioned by the Director. lority in 20 (1) The supreme authority in a registered society shall be vested in the stered general meeting of members at which every member has a right to attend and ety vote on all matters. (2) Subject to the provision of section 25 of the law each member shall have one vote only which shall be exercised in person and not proxy t meeting 21 The board of Director/Committee shall convene the first meeting of members of which shall have the same powers as are given to the annual general meeting and shall be hold immediately or not later than one month after the receipt of the certificate of registration of the society, 4 668) CamScanner CamScanner

22 The annual general meeting of members shall be convened by the committee as soon as the annual account has been approved by the Director «, Annual as soon as the receipt on the audit of the accounts by the Director o, Perso, General authorized by him is received by the Board of Director/committee, ay lene Meeting fourteen (14) days shall be given before any such annual general meeting ; held. Function of 23 The function of the annual general meeting shall be:- Annual General a) To confirm the minutes of the previous annual general meeting and of any Meeting intervening special general meeting b) To consider the reports of the committee/Board of Director and the anny;; accounts and balance sheet as approved by the Director together with ty. reports on the audits of the accounts for the previous year as prepared by th. Director or the person authorize by him; c) To elect officers of the registered society. d) To transact any other general business of the registered society. Ordinary 24 Ordinary general meetings shall be held at such interval as the bye-laws General may specify Meeting 25 __ The business of ordinary general meeting shall include: Business at Ordinary a) The fixing of a maximum liability under regulation 19; General Meeting b) The fixing of maximum credit limits for members where applicable; c) The consideration of the audit report and the Director’s comments there" unless previously discussed at the annual general meeting d) The consideration of inspection reports and communications from the Directo! e) The consideration of members complaints Special 26 (1) A special general meeting of members may be convened at General any time the committee/Board of Director on receipt of a demand stati Meeting ng the object of" proposed meeting (2) The demand shall be signed by not less the an one fifth of the members of the registered society, if Such society is composed of less than one fs CamScanner CamScanner hundred members, or twenty five mem bers if such society consist of more one hund mem than red bers, convene the meeting demanded, provided that the Director or any person authorized by him may at any tim € summon a special general meeting registered society in such manner of the and at such time and place that he may also direct and may also direct what matters shall be discussed at the meeting and such meeting shall have all th € powers of meeting called according to the regulations. rum at 27 (1) whena registered society consists of not more than forty members, neral one half of the members or ten members, whic hever is the less, shall form a seting quorum for the purpose of any general meeting and, when a registered society consist of more than forty members, one-four th of the total number of the members of such society shall form a quorum for the purpose of any general meeting: Provided that when any meeting is summoned by the Director any members present at such meeting shall be deemed to form a quorum. (2) If within one hour after the time fixed for any meeting convened by the Director, the members present are not sufficient to form a quorum such meeting shall be considered as adjourned if convened on the demand of members, and in all other cases it shall adjourn to the same day in the following week at the same time and notice to that effect shall be posted by the secretary within twenty-four (24) hours and if at the adjourned meeting a quorum is not present within one hour form the time appointed for the meeting, the members present shall froma quorum. Neral 28 (1) In the absence of the president of the society, any other person eting duly elected by a majority of those present shall presid e at any general-meeting. Provided that the Director or any other person appointed by him may preside at any meeting convened by himself or on his demand. 6 CamScanner CamScanner ated in writing by the (2) The secretary or in his absence any other person nomin presiding officer, jf presiding officer shall act as secretary at the meeting. The ng. necessary, may nominate other officers to assist at the meeti adjourn the meeting (3) The presiding officer may be the decision of the meeting transacted at from time to time and from place to place but no business shall be left unfinished at the meeting any meeting so adjourned other than the business from which the adjournment took place. closure of a discussion and (4) The presiding officer shall have the right to order put the matter to the vote. Voting at of the members present at a

29 (1) Any questions submitted to the decision a in the regulations, shall be decided by General Meetings meeting, unless otherwise dealt with majority of vote. shall be decided by show of (2) At any meeting a resolution put to vote ballot is demanded by at least five of hands unless voting by call of names or a ion of the result of the show of hands, the members present before the declarat or a ballot shall be taken as the case and in such case voting by call of names may be. the presiding officer shall declare (3) In respect of any resolution put to the vote, on a show of hands or whether has been carried or lost, and whether entry to that effect in the minute unanimously or by particular majority, and an contained. book shall be conclusive evidence of anything therein the minute book shal Minute of

30 (1) Minutes of General meeting shall be entered in General contain: Meeting the meeting a) The number and names of the members or delegates present at unless the names are recorded in an attendance register and the name of the person who presided at the meeting b) The time fixed for the meeting and the time at which the meeting commenced. c) All resolutions passed or decisions made at the meeting, (2) At each general meeting, the minutes of the previous general meeting sha 7 be read and after confirmation with or without amendment shall be sign°° : the presiding officer and secretary. CamScanner CamScanner o8) Members of 0: years but a retiringthecoco mmit mmittetee shall not be elected aoe | ed f for a peri — -OUIETWISE provided member shall be eligible for re- od exceeding in the bye-laws election unless : or membership of an apex shall be as provided in section 26(2) of the

32 A member is not elig ible for the committee if Cc) In a credit society, he len ds money on his own accoun t; or d)Ina marketing society, he deal s in the commodities which the otherwise through his society. society markets o% 33 Amember of the committee shall cea se to hold office if; z a) He ceases to be a shareholder, or b) He is declared insolvent, or Cc) He becomes or unsound mind, or d) He is convicted of any offence involving dishonesty or is imprisoned for three months or more; or €) He becomes ineligible under regulation 32, or os f) He is removed by a resolution of the general meeting for conduc t prejudicial to | 4 the interest of the society, or 9) He fails to attend three consecutive meetings of the committee without due €xcuse approved by the committee omits PP 34 (1) Vacancies occurring on the commit tee shall be filed within fourteen days by the election of substitutes elected by the remaining members of the committee 8) CamScanner CamScanner of the commit.

35 (1) The President of the society shall be the chairman - . Chairman of and in his absence the committee shall elect one of his members to perform the committee duties shall have an ordi);- (2) During the meeting of the committee, the chairman led to casting vote vote and on an equality of votes shall be entit business of +,. Frequency of 36 (1) the committee/Board of directors shall meet as the uently than once > - committee registered society may require and in any case not less freq meeting month of Directors shall be summoned by += (2) Meeting of the committee/board secretary. 37. The quorum for a meeting of a committee/board of directors shall ben: Quorum of number of committee the number of committee/board members provided that when the committee/board members does not exceed five, the quorum shall be three. Conduct of committee 38 At each committee/Board of Directors meeting the secretary shall meetings adopting o a) Read the minutes of the preceding meeting which after amendment shall be signed by the chairman and the secretary b) Produce the cash book, detailing the entries of receipts and payments mec: therein since the last meeting and with the treasurer/cashier produce the cas” ~ their possession for verification by the committee with the cash book c) Produce a statement, showing the loans due and unpaid of determination >\ the committee as to be taken in each case, d) Produce applications for loans, if any, for the determination by the commits in accordance with priority of receipts, and e) Submit any other business for consideration by the committee board ° directors. Minutes of l be recorded fo'*” committee/bo 39 Minutes of committee/board of directors meeting shal ard of with by the secretary in the minutes book and shall contain the folloW'”: directors particulars meetings CamScanner CamScanner a) The name of the members present and the date of the meeting b) The name of the chairman of the meeting, and c) A short statement of all mat ters discu ssed and decisions made and a record as to whether each decision was made una nimously or by a majority, waand vers . <The committee/board of Directors shall represent the registered al before all public authorities and in all dealings society and transaction with third persons, le holdi ng power to institute or defend suits brought in the name of or against the ay and in general, it shall carry out such duties in the manage ment of the affairs of the registered society as have not been specially assigned by the regulati ons or the bye-laws to general meetings or to any other officer of the society, (2) In particular, the duties of the committee/Board of Director shall include the following; a) To comply with the law, the regulations and the bye-laws of the registered society and properly to conduct the business of the society, b) To maintain true and accurate accounts and a true account of the registered society's assets and liabilities, C) To lay before the annual general meeting of the registered society an annual reports and audited annual account approved by the Director d) To assist in the scrutiny of the books by any person authorized by the Director to inspect or audit the accounts of the registered society e) To take adequate security from the employees; f) In a credit society, to supervise and to ensure that the loans are applied to the approved purpose for which they are made; g) In a marketing society, to ensure that the produce marketed is of the highest quality and, where applicable duly graded. 1k account 41 (1) With the approval of the Director, a registered society may open a bank account. (2) Unless otherwise specified in the bye-laws or approved by the Director, all and the secretary cheques shall be signed by two members of the committee /O CamScanner CamScanner Employee 42 (1) Unless the bye-laws otherwise specify, the committee/boarg .. Directors may a) Appoint such employees as it considers necessary b) Fix the salary, wages or remuneration and other conditions of service of e,.- such employee. (2) Every employee appointed under this regulation shall hold office, during su-- period as may be determined by the committee/Board of directors. Responsibility

43 (1) The committee/board of Directors shall take adequate measures for +>- of committee safe custody and maintenance of the registered society's funds, stocks 2,- property. (2) The members of the committee/board of Director jointly may be he: financially responsible for any loss sustained by the registered society througt their failure to comply with the law, regulations, bye-laws or property to condu~ the business of the society. Secretary 44 (1) The committee/Board of Director shall appoint a secretary and unless — SO appointed the committee/Board of Directors shall have powers to fix the remuneration for his services. (2) Where the secretary is a member of the committee/Board of Directors, he shall not be entitled to remuneration (3) The secretary may be required to give security in such amount the committee/board of directors may determine. (4) The secretary shall occupy his office until his services are deter mined by one month's notice in writing given by the committee/Board of Directors. (5) The secretary may resign his appointment by giving one month notice ir writing to the committee/Board of Birectors. (6) The secretary shall be entitled to a monthly remuneration from the funds c* the registered society Suspension of 45 (1) The committee/Board of Directors may at any time suspend the secretary secretary for any irregularities in the per formance of his duties. [/ 668) CamScanner CamScanner , ts of the sus Pension of . the se forthwith appo Int a cr; Substitute to ‘ahbela the Committee/Board hold the Offi f ce during the ihe attend all meeting soft h registered socie ty and of and to carry out all the the committee/Board of instructi ons of the committee/Board of present at the office during the hou rs of bus iness as fixed from time to y the committee/Board of Directors. , and to have charge of the documents, books and vouchers for payment receipt on behalf of the registered society. 0 receive all application for loans and bring the same eh i mmittee/Board of Directors; to prepare recelpts and other es a ee prescribed for signature by borrowers Prior to their ae a iM Ctioned, and with the authority of the committee/Board of ai ae ee ormation about of the committee/Board of Directors to yy tthe registered society which may be applied for members, an -laww s. To summon meetings as provided in the regulations or bye-la The committee/Board of Directors may authorize the secretary to p perform ‘n behalf of the society the following finical transaction 8) CamScanner CamScanner all money due or payable to the registered society and issue ots ts Ve payee for same from an approved counter-foil receipt boo, * obtain the signature of the person making the payment on the counterfoi), b) To deposit with the treasurer/cashier money collected by him on behaif «5 ». registered society. Cc) To keep separate/all money belonging to the registered society. d) To make payment as authorized by the committee/Board of Directors and obtain the payee’s signature on the payment voucher or his official receipt. €) To issue a receipt on a form to be taken from the prescribed counterfoil book Treasurer/Cas when receiving money from the treasurer/cashier. hier

49 (1) The committee/Board of Directors shall appoint one of the members -: the committee/Board of Directors who is not the chairman to be the treasurer/cashier (2) The treasurer/cashier may be required to give security for such amount 2s may be determined by and to the satisfaction of the committee/Board of Directors (3) In case of Apex co-operative societies, the appointment of the cashier/treasurer may not necessary be among the board of directors Duties of treasurer/cash 20 = (1) The duties of the treasurer/cashi er shall include the following er a) To receive from the secretary as provided in Paragraph (b) regulation 48, money collected by the later on behalf of registered society, furnishing him a receipt on a form taken from an with approved counterfoil book and obt the same time the signature of the secretary on the aining at counterfoil; b) To advance money to the secretary for payment receipt from the prescribed counte and obtain from him 2 rfoil book, Cc) To place to the account of the registered Society in such bank Or secondary ofsociet the y,am8sount may be approved by the Director, any amount in his hands in exc fixed from time to time by the comm ess ittee/Board of Directors CamScanner ae by him, all money in his hands belonging to the dsociety, and he treasurer/cashier shall be accountable to the ittee Board of directors for the safe custody of the cash and ther valuables belonging the registered society and for ensuring qat all cash transactions of the society are accurately recorded nd properly receipted. re committee/Board of Directors may authorize the urer/cashier to perform the duties of the secretary ated 48. where the bye-law of a registered society permits the _ granting of loans, any member who so desires to obtain a loan shall submit an application to the committee/Board of Directors. ) -_(2)the application shall contain the following:- __a)the amount and purpose for which the loan is required: _ b) the mode of repayment; __c)the names ofthe sureties or any other security provided. ) The committee/Board of Directors shall consider at a meeting _ €very application for loan and if satisfied may approve the loan.

4 (2) No person other than the members of the committee/Board of _ Directors, the secretary or the Director and his staff shall be fe present at any meeting when an application for loan is under _ Consideration. ~ (3)No member of the committee/Board of Directors who applies ” for a loan or who is proposed as surety for a loan shall be in _ attendance while the application is being considered. /4 8) CamScanner CamScanner (4) Decision concerning the granting of loan shall be by voting h balloting. 3 ph when ae by the committee/Board of Directors shal Security for 53 loan be granted to members who are able to obtain he sureties approved by the committee/Board of Directors OF W O Can give other security to the satisfaction of the committee/Board of Directors. | Purpose of 54 (1) No loan shall be granted except for purpose to be approved in loan each case by the committee/Board of Directors. (2) All loans granted shall be applied by the borrowing members to such purpose as the committee/Board of Directors has approved Documents 55 When a loan is sanctioned by the committee/Board of Directors a relating to loan notice shall be sent to the borrower to that effec t, and before the amount is advanced, the borrowers and it sureties shall execute an instrument in writing setting the term s of repayment of the loan and containing such other terms and conditions as the committee/Board of Directors may consider necessary. Restriction on 56 relating to Defaulters Extension of 57 relating to loan society and notifies the secr the Board of Direct ors/com CamScanner CamScanner re the committee/Board of Directors is sati aber of the register society who has Bbtalned @ barre : ed the proceeds thereof to a propose other than toh le od in the application under regulation 53 the ) iittee/Board of Directors may, by notice in writing before ‘ is due, the Board of Directors/committee may extend the xed for payment on such condition as it thinks fit. the committee/Board of Directors is satisfied that a er of the register society who has obtained a loan has | the proceed thereof to a purpose other than the purpose is stated in the application under regulation 53, the } ttee/Board of Directors may by notice in writing to the btor, demand payment of the loan before agreed date of Where a loan has not been repaid on the date on which it ‘pecomes dues and no extension for the for the payment has been “given by the committee/Board of Directors under the regulation 57, the committee Board of Directors shall take steps or the rs as “recovery of the same by referring the matter to the Directo escribed in section 49 of the Laws. t the (1) In every registered society whose bye-laws permi shall be granting of loans to members, a maximum credit limit fixed. prescribe generally or specifically a (2) The Director may ~ maximum credit limit. ry me mb er of a reg ist ere d soc iety whose bye-laws permits (1) Eve iety shall the marketing of members produce through the soc mittee/Board of deliver to the society at such place as the com of article or obtained by him as ~~ Directors shall direct such quality contract, to be or in the relevant _ be prescribed in the bye-laws | disposed by the society. JO 668) CamScanner CamScanner to be written .. mit tee / Boar d of Dire ctor s may cause bad debts

62 The com manner and at such times a; ».. Bad debts Director may approve. approval of (1) Any share may be transferred with the Transfer 63 option : to any other member at the F 4 shares committee/Board of Directors a: - ero r, but if the tra nsf ere e is not a member he must be approved of transf meeting, accordi; member by the committee /Board of Directors or the general bers, before the transfer can -- to the bye-laws relating to the admission of mem one shar a member to hold more than registered; and if the bye-laws require by the transfer allotment, tr: the transferee must acquire by the transfer, or registered. number so required to be held before the transfer can be until suc (2) No transfer of a share shall be valid and effective unless and t transfer has been registered by the secretary on the direction of om committee/Board of Directors. (3) No transfer of a share shall be registered if made by a member indebtec - the registered society without special order of the committee/Board of Direct: and until the transferee, nor shall any claim of the registered society upon “- transferor be affected thereby. Sales of shares of 64 The committee/Board of Directors may in default of payment by *” members in member indebted to the registered society to an amount not less than thre default fourth of the sum paid up for the time being on any transferable share held © him sell, transfer and registered in the books of the society such share to @" person entitled to hold the same under the regulations or bye-laws for the 5° prince obtainable thereof, and apply the proceed in or, towards the discha'9é of the debt so due and of any expense incurred in or about the same, paying the balance (if any) to the member without being responsible , any 0% [FP CamScanner CamScanner ereby, and the defaulting member shall Cease to h -of such share, ave any further “reserve fund of registered society created in pursuance of tt the provisions of sub section (2) of section 34 of the law shall be no member shall be entitled to claim a specified share in it, . e fund, with sanction of the Director may n the business of the registered society; or d to meet occasional deficiencies incurred by registered society, joning the utilization or application of the reserve fund, Director may h terms and condition as he may deem fit. every registered society shall pay annually such audit and supervision / as the Director may direct. such time as a society has been established and registered for the of audit and supervision, such fees shall be paid by registered society revenue of the government of Bauchi state AS ‘soon as society for audit and supervision has been established and istered, such fees shall be paid by the society. e general assessment of rates of audit and supervision, for all types of es, by the Director shall be notified in the state gazette; provided that the (1) Where in pursuance of the provision of sub section (1) of section 12 of law a registered society amends its bye-laws, such amendments shall be > by a resolution of the member of the registered society at a general ery resolution under paragraph (1) of this regulation shall not be valid and @ unless it was taken by a majority of not less than three-fourth of the was proposed. ber present at the general meeting at which the resolution a regulation shall be Copy of the resolution under paragraph (1) of this bg ded to the Director together with three copies of the amendment. of an entry in the book of a For purposes of section 9 of the law a copy at the foot of such copy, May be certified by a certificate written ——_—_ CamScanner CamScanner tion +.

9 (3, b) of the law ~ arb t the D reference CamScanner | b before the aterm un». .neath; ie Wa) OS Wm thir 6 4, , wn Provitons tal hove afters wv (thet? % uy orf ; BOK tahoe the aries, “P FT uth « P 1? pf ty Ail st re ice as erties beloxe the aL Ah 6 oonrnee po — Shah be to the the S 0 ry setyery OF any part Goby nctitied to BUG, Ch Gry te “a, 4 Fayet zt ¥ shall have the tollowirig panes fe attendance of the patties wl wheres res 4 - is and documents by 2 GENO Cdtyeet Aly, vet wy ore y est count having jurcdiction in te wee 0 wie ve re Sees Hemming te tepte incisred in deter ea etre ot auch party x partes *e ~gy org fF rc fe the socket by esestdiion to the Dretaor oo Te mowse Amerie d pusistiment, as 2 convict wold in court or yy err ore ie eam o is quityof any cotenyt orig rveticaic Kd of the arbitrator ¢all a Signed by te acvitrzcr, and Me: amount of the costs and expenses of Te arutrar, f Hv ba “ e ee one we We pe the proceedings, te aitracr sal “ree- = ithe competit ofion the procecdings anc LO _ 8) CamScanner CamScanner of section 49(3) (a) Of the lay n ce of the prov ision inge 8 Proceedings ecipest ea taal of deciding dispute ied ince befor, before Director ee thereto shall, as nearly as possible, be CO ~ Same wa director him in relation thereto ' law and the provisions of regulation 7; shah a court of as proceedings before mutatis mutandis to such proceeding. pub lic shal l be per mit ted , on payment of ten 73. (1) Any member 0 f the . occasion of inspecting to Ins pect in the office of the directs Fees five naira for each documents:- for any lawful purpose the following and amendment effected in such bd a) The registered bye-laws of a so ciety laws b) An order canceling the registration of a society; c) The annual statement of a society (2) The fees prescribed for certified copies of any public document which any person has under this regulation a right to inspect shall be at a rate of fifty naira for each hundred words or part therefore the copy. (3) The fees prescribed for a certified copy of registered certificate of a society shall be as prescribed by the commissioner. Providing that the director may, where a registration of a society has been lost or destroyed, issue to the society a new certificate of registration as prescribed by the director The co-operative societies (Stamp Duties Exemption) notice section 20 (1) litle Date of commencement 3” January 2005 (1) This notice may be cited as the c : Exemption) Notice O-Ope P rativ € society (Stamp Duties xemption for amp duties 1d gistration a) Stamp duties chargeab e le thereo m relation to state matters, n Under any law for the time being in force | b) Fees payable under the law time being relati he in force in ration to State nd 9 to the registration instruments for§ atters d/ CamScanner CamScanner 8) CamScanner CamScanner