How can we apply cooperative system in every organisation?
eben4dare
9 Apr, 2018
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In order to be registered as Cooperative System, members must satisfy the following conditions;
1. A Member must be at least fifteen (15) years of age and above;
2. The Board members should be at least eighteen (18)years of age;
3. Every member must have a common need with other members of the organization
4. Every member must be in an occupation relevant to the primary organization
5. A member must be capable of paying fees
Required Information for Registration
A group intending to be registered should have the following;
1. Proposed name of the organization
2. Proposed location
3. Objectives of the system
4. Purposes, to which funds may be applied, may be held, disposed of or invested.
5. Membership rules (terms of admission, entrance fees, etc)
6. By-Laws of the system
Documents for Registration
The following documents are to be filed during registration
1. A certified copy of the Resolution passed at the first meeting of the group with the Province Cooperative Officer (PCO).
2. Feasibility study report on how the system operates.
3. Four copies of proposed by-laws of the cooperative system
4. Letter of intent (to join the system) from prospective members.
