Co-operative Societies (Amendment) Act (No. 11 of 2011)

5. Amendment of section 91 The c..-o perativc Socieries (A mcndinent) A ct. lO II No, II of 2011 I L.S·I I i\~~CIl(, Louise Lake- Tack, Go l'e "1/01'- General. 22nd September. 20 I I A~T1GLA ,\1\,'D BARBUDA Tim CO-OPERATIVE SOCIETIES (A.\IENDI\H:'iT) ACT, 2011 No. 11 of 2011 A' ACT to amend the Co-Operative Societies Act 2010 No, ') of 2010 and for Illeidl'l'l,al and connected purposes, E:'iACTED hy the Parliament of Antigua and Barbuda (IS follows: I. Short Wit' This Act may be cited as the Co-Operative Societies (Amendment) Act. 20 I! and shall eo me into operation on a date that the Minister may by Notice publish in the Gozette.

2. Interpretation In this Act the principal Act means the Co-Operative Societies Act 2010,1\:0, ') 01'20I 0,

3. Amendment of section 15 The principal Act is amended in section [5 by repealing the word "fourteen" after the words "age of' and substituting the word "eighteen". 4, Amendment of Section 26 ([) The principal Act is amended in Section 26 (2) (e) by repealing the word "fourteen after the words "shall he" and substituting the words "under eighteen". No. 11 of 2011 5 The Co-Operative Societies (Amendment/ Act, 20 II (2) The principal Act is amended by repealing subsection 26(3) and substituting the following "Where the co-operative society is a credit uni on. an individual who has not attained the age of eighteen years may be admitted as a member and subject to subjection (4) may enjoy all the rights of membership and be subject to all the liabilities of membership in accordance with this Act but except in the case of a junior co-operative. may not vote at the meetings of the society.".

5. Amendment of section 91 The pri ncipal Act is amended by- ta) repealing section 91 (1) and substituting the following- "( I) Within fourteen days after a change is made in its directors. a co-operative society shall send to the Supervisor a Notice in the prescribed form setting out the change. (2) If a director does not possess a disability outlined III section 53(4). then the Supervisor shall file the Notice submitted pursuant to subsection (I) and noti fy the co-operative society that the Notice has been filed. (3) Where a Notice is submitted pursuant to subsection (1) and the Supervisor is satisfied that a director possesses a disability outlined in section 53( 4), the Supervisor shall within fourteen days of receipt or the Notice notify the co-operative society that tile director is considered disabled. the reason why the director is considered disabled and that the Notice has not been filed, (4) Where a co-operative society receives a noti Iicauon pLLI suaru lu subscct iun (3) the co-operative society shall within seven days of receipt of the notification remove the director from office. '"; and (b} I enumhci iug xubscct ion (2) as suhscc tion (5). Passed by the House of Representatives on Passed by the Senate on the 14th day the 23rd day of June. 2011. of July, 2011. D. Gisele Isaac-Arindell, Hazlyn M. Francis, Speaker: President. Ramona Small, Ramona Small, Clerk to the House a/Representatives. Clerk 10 the Senate.