In kenya, co operatives contribute around 45% of the gdp wanyama, 2009 and there are over 10 million kenyans who are members of co operative societies kenya national bureau of statistics, 2014. Newsflash 20 june 2018 kenya national chamber of commerce. The cooperative movement in kenya and its potential for enhancement of ict livelihoods by samson o. Short title this act may be cited as the cooperative societies act. Societies act, 2008 and regulations herein after referred to as the act and regulations respectively, the cooperative societies act cap 490 laws of kenya and the rules made there under herein after referred to as the cooperative act and rules respectively. The cooperatives continued to be registered and expand in their outreach and impact into farm purchase, savings and credit, housing, handicraft, industrial, transport, workers, consumers, multipurpose, unions and national cooperative organisations nacos. Cooperative societies act ministry of justice government. Laikipia county co operatives societies amendment act,2017. The co operative societies act 1993 act 502, which is. Cooperative societies act act 28 of 1999 in force 11 september 1999 cooperative societies regulations section 238 statutory instrument 901999 in force 30 october 1999 amended by s. Cooperatives have long been recognized to play important roles in societies that.
History and organization of cooperative development and. Cooperative societies in kenya take two main forms. Savings and credit cooperative societies saccos are quasi financial institutions that mobilize savings, provide loans as well as other products to their members kenya union of avings and s redit c cooperatives kuscco, 2009. Laikipia county cooperatives societies amendment act,2017. Subscribe for updates on vacancies, tenders and ministry updates. Cooperative legislation in kenya cooperative movement. The co operatives act, no 14 of 2005 provides for the formation and registration of co operatives, the establishment of a co operatives advisory board, the winding up of co operatives and matters connected therewith. Published by the national council for law reporting. Devolution and saccos cooperative movement in kenya. This act may be cited as the cooperatives act 2016. Republic of kenya conferred the state department for cooperatives with the mandate of formulating cooperative policies. The societies act principal legislation arrangement of sections section title 1. As at the end of 2014, there were 17,916 registered cooperatives societies in kenya. Factors influencing performance of savings and credit.
Amendment act of 2004 and the sacco society act of 2008. Chapter 337 the societies act principal legislation arrangement of sections section title 1. An act of parliament to make provision for the licensing, regulation, supervision and promotion of sacco societies, to establish the sacco societies regulatory authority and for connected purposes l. Cooperatives policy and withdrawal of proposed legislative amendments kuscco wants to advocate for the adoption of the cooperative development policy 2017 and the withdrawal of the proposed amendments in the state law miscellaneous amendments bill, 2018 to the cooperative societies act, cap 490. Types of cooperatives in kenya cooperative movement in. Cooperative legislation in kenya cooperative movement in. The co operative societies act cap 490 of the laws of kenya the co operative societies rules 2008 the sacco society act 2008 the sacco societies regulations the registered bylaws of the co operative society other sources include government policies. Cooperative societies the cooperative societies act regulations under section 52 the cooperative societies regulations, 1950 i l. The cooperative movement in kenya and its potential for. Societies in kenya desk africa cooperative societies in kenya rome, 26 february 2019 a cooperative society is defined as. Interpretation part ii development of cooperatives, cooperative societies and public officers 3. The 2004 cooperative act made it hard for criminals to continue serving in the committees or boards.
Ngmaryo advocates selected publications the cooperative societies act 20 and new trends in the management of cooperatives in tanzania mainland. Law of cooperatives in kenya march 27, 2017 part ii. Gunga, chair of department of educational foundations, university of nairobi, kenya, email. Ethiopia ghana kenya lesotho liberia malawi namibia nigeria sierra leone south africa seychelles swaziland tanzania uganda zambia. In these bylaws save as otherwise expressly stated.
Appointment of federal director of cooperatives, etc. Cooperative societies act 1991 uganda legal information. An act of parliament relating to the constitution, registration and regulation of cooperative societies and for purposes incidental thereto l. In this act apex body means a national league or other like body for cooperatives established for the purposes of section 115. Purpose of act the purpose of this act is to a promote the development of sustainable co operatives that comply with co operative. Kenya perhaps provides the best example with regard to streamlining the regulatory framework. Ministry of industry, trade and cooperatives, kenya. Cooperative societies act malawi legal information institute. These rules may be cited as the cooperative societies rules, 2004. Officers required to furnish information to minister 5. This act may be cited as the cooperative societies act. The cooperative societies act cap 490 laws of kenya authorized auditors pursuant to section 25 of the cooperative societies act,and when read with rule 16 of the cooperative societies rules,2004,the commissioner for cooperative development gives notice that the following firms have been duly authorized to audit cooperative societies.
The laws of zambia copyright ministry of legal affairs, government of the republic of zambia cooperative union means a society, the membership of which is comprised of. The cooperative societies act cap 490 laws of kenya authorized auditors pursuant to section 25 of the cooperative societies act,and when read with rule 16 of the cooperative societies rules,2004,the commissioner for cooperative development gives notice that the following firms have been duly. A good example is the kenya cooperative creameries that deals with milk. History and organization of cooperative development and marketing sub sector in kenya pdf 140kb. This resulted into a near collapse of the entire cooperative movement in the country. The cooperative societies act cap 490 of the laws of kenya the cooperative societies rules 2008 the sacco society act 2008 the sacco societies regulations the registered bylaws of the cooperative society other sources include government policies issued from time to. Cooperatives provide loans at cheaper interest rates and have benefited the rural community. The bye laws of the cooperative societies may provide the following matters to be included as decided by the general body a identification of the cooperatives b objects and services c capital and fund d membership. Saccos plays an important role in kenya s financial sector in provision of affordable financial services. An act to make provision for the constitution, registration and control of co operative.
After the establishment of cooperatives, the rural people were able to come out of the grip of money lenders. Short title this act may be cited as the sacco societies act. The act is a reproduction of the english sale of goods act 1893 which was made part of the kenya law by the colonial administration in kenya on 1st october 1931. It appears you do not have pdf support in this web browser. This act may be cited as the co operative societies act. The cooperative societies act 20 and new trends in the management of cooperatives in tanzania mainland high moral and ethics standards. Cooperative societies act chapter 490 ministry of industry, trade.
Mar 27, 2017 the kenya law relating to the sale and purchase of goods is contained in the sale of goods act cap 31. What are the matters to be included in the bye laws. Cooperative societies have aided the governments efforts to increase agricultural production. Received the assent of the president on the 24th february, 1964 and published in the andhra pradesh gazette, part 4b ext. This act my be cited as the co operative societies act and shall come into. An act of parliament to give effect to article 68 of the constitution, to revise, consolidate and rationalize land laws. Home government executive office of the governor legal department laikipia county cooperatives societies amendment act,2017. The co operative amendment act, no 6 of 20, was signed by the president in august 20. Act, annual general meeting, blogger of co operatives, board of directors, chama, conditions necessary for registration of a cooperative society in kenya, cooperative, county, credit risk, credit union, government, kenya, kiambu, leadership of co operatives, loan, loan given to small scale business. Even though the statute is entitled the co operative societies1 act, 1966, the phrase co operative society is not defined therein section 2 of the act, however.
The cooperative amendment act, no 6 of 20, was signed by the president in august 20. Under the cooperative societies act it is recognized that if a coop society makes any saving or surplus then those savings or surplus belong to the members and should either be given to them or invested in them. The cooperatives act, no 14 of 2005 provides for the formation and registration of cooperatives, the establishment of a cooperatives advisory board, the winding up of cooperatives and matters connected therewith. The minister may, by statutory order, confer or impose on any assistant registrar of cooperative societies all or any of the powers and duties conferred or imposed on the registrar of cooperative societies by this act. Sacco societies act 2008 ministry of industry, trade and. An act to make provision for the constitution, registration and control of cooperative societies. Provides for the establishment of cooperatives and repeals the cooperative societies act, 1966. Determination of whether a society is a sports association. The following is a list of the regulations made under the cooperatives act that are filed as alberta regulations under the regulations act. Cooperative societies act ministry of justice government of. By the end of the first decade after independence, kenya had registered 2,800 co operative societies that were handling and dealing with the production of coffee, tea, cotton, maize and beans. It is the supreme law relating to the operations of the co operative societies.
Laikipia county cooperatives societies amendment act. Societies which may be registered i a society may be registered as a cooperative society under this act if a it is a limited liability society. The cooperative act is the piece of legislation that governs the operations of the cooperative societies in kenya. The cooperative societies act 1993 act 502, which is. Nigerian cooperative societies act an act to provide for the registration and operation of cooperative societies throughout the federation and for related purposes. Like any other law, the provisions of the act do not in any way conflict the constitution of kenya. In this act, unless the context otherwise requiresinterpretation. Development of cooperatives ad cooperative societies 4. Short title this act may be cited as the sacco societies act, 2008. Sep 27, 20 this is an act of parliament relating to the constitution, registration and regulation of co operative societies. The number of members required for registering agricultural co operatives is slightly changed. In response to the cooperative leaders abuse of office that resulted from the end of strict state supervision, the government amended the 1997 cooperative societies amendment act. The three main sources of cooperative laws applicable to the cooperatives in kenya are.
Registrar of co operative societies 1 there shall be for the purposes of this act a registrar of co operative societies who shall be a public officer. The commissioner and the registrar are public officers designated by the minister for that purpose. An act of parliament relating to the constitution, registration and regulation of cooperative societies and for purposes incidental thereto act no. In view of this mandate, the state department has formulated this cooperative development policy as recognition of the changing environment in. Interpretation in this act, except where the context otherwise requires agricultural produce means any produce or article produced or obtained by the work or industry of members of a cooperative society or marketed by a cooperative society, whether the produce be of agriculture. This act was subsequently revised in 1912 to promote multipurpose cooperatives and to organize noncredit. Cooperative societies act singapore statutes online. Mar 23, 2012 the three main sources of co operative laws applicable to the co operatives in kenya are.
Posted on august 22, 2014 by frenzyied a savings and credit cooperative societies. Cooperative societies act an act to amend, consolidate and reenact the laws relating to cooperative societies, credit union societies and agricultural credit societies. Interpretation in this act, unless the context otherwise requires apex society means a registered society under this act, the membership of which is restricted to cooperative unions and includes a society. Cooperatives and arbitration university of nairobi. Andhra pradesh cooperative societies act, 1964 act no. Pdf cooperative development in kenya augustus m u t. In this actn oboardo means the board of management or other directing body. The cooperative societies act regulations under section 52. Need for legal frame work for co operatives due to the following reasons well defined and clear cut legislation is needed for regulating and administering the formation, functioning and even winding up of the cooperative societies. Subject to the provisions of this act a society may be. Sports associations to cease to be registered societies.
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