This Ordinance defines cooperative societies and provides for their constitution, registration and for their formation and organization. A society may be registered under this Ordinance if it has as its object the promotion of the economic interests of its members in accordance with cooperative principles, or if it has the object of facilitating the operations of such a society. The Ordinance further provides for: conditions of registration; duties and privileges of societies; rights and liabilities of members; property and funds of registered societies; powers of the Registrar to audit and inspect accounts and societies' books; dissolution of societies; disputes; etc.
Chine - RAS de Hong-Kong · 1951-02-15