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Co-operative Societies Act
(CHAPTER 62)
Status:
 
Not current version
(effective from 31 Jul 2009 to 31 Aug 2009)
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Table Of Contents
Co-operative Societies Act
Status:
 
Not current version
(effective from 31 Jul 2009 to 31 Aug 2009)
Please check the legislation timeline to ensure that you are viewing the correct legislation version. See also FAQ B3.
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31 Jul 2009   
  •  
     
  • 18 Jul 2024
    Amended by
    Act 17 of 2024
  • 01 Apr 2023
    Amended by
    Act 36 of 2022
  • 01 Apr 2022
    Amended by
    Act 25 of 2021
  • 31 Dec 2021
    2020 RevEd
  • 02 Jan 2021
    Amended by
    Act 40 of 2019
  • 30 Jul 2020
    Amended by
    Act 40 of 2018
  • 01 Nov 2019
    Amended by
    Act 3 of 2018
  • 20 Jun 2019
    Amended by
    S 439/2019
  • 22 Apr 2019
    Amended by
    Act 3 of 2018
  • 31 Aug 2018
    Amended by
    Act 9 of 2018
  • 10 Apr 2018
    Amended by
    Act 3 of 2018
  • 01 Sep 2009
    Amended by
    Act 3 of 2009
  • 31 Jul 2009
    2009 RevEd
  • 20 Oct 2008
    Amended by
    Act 23 of 2008
  • 16 Nov 1998
    Amended by
    Act 37 of 1998
  • 16 Apr 1990
    Amended by
    Act 13 of 1990
  • 30 Mar 1987
    1985 RevEd
  •  
     
  • 31 Dec 2021
    2020 RevEd
  • 31 Jul 2009
    2009 RevEd
Table of Contents
Co-operative Societies Act
(CHAPTER 62)
Long Title Part I PRELIMINARY
 
1 Short title
 
2 Interpretation
 
3 Appointment of Registrar and Assistant Registrars
Part II FORMATION AND REGISTRATION OF SOCIETIES
 
4 Societies which may be registered
 
5 Conditions of registration
 
6 Name of society
 
7 Application for registration
 
8 Requirements before registration
 
9 Registration
 
10 Evidence of registration
 
10A Registers
Part III PRIVILEGES AND DUTIES OF SOCIETIES
 
11 Societies to be bodies corporate
 
12 Acts of societies not to be invalidated by certain defects
 
13 Power to federate
 
14 Power to make by-laws
 
15 Amendment and registration of by-laws
 
16 By-laws to bind members
 
16A Conversion from non-credit society to credit society
 
16B Control of credit societies
 
16C Change of name of society
 
17 Address of society
 
18 Register of members and shares
 
19 Registration of officers of societies
 
20 Copy of this Act, Rules, by-laws and list of members open to inspection
 
21 Contracts with members
 
22 Imposition of fines upon members
 
23 Creation of charges in favour of societies
 
24 Charge and set-off in respect of shares or interest of members
 
25 Shares or interest not liable to attachment or sale
 
26 Transfer of shares or interest on death or permanent insanity of member
 
27 Deposits by or on behalf of minors
 
28 Contracts with members of society who are minors
 
29 Proof of entries in books of society
 
30 (Repealed)
 
31 Production of moneys and books of societies
 
32 Submission of minutes, returns and statements
 
33 Audit of societies
 
34 Annual reports, accounts and financial statements
 
35 Duties of auditor
 
36 Audit committees
 
37 (Repealed)
Part IV RIGHTS AND LIABILITIES OF MEMBERS
 
38 Original members
 
39 Qualifications for membership
 
40 Members not to exercise rights until due payment made
 
41 (Repealed)
 
42 Votes of members
 
43 Restriction on shareholding
 
44 Restriction on transfer of shares or interest
 
45 Nomination
 
46 Liability of member limited by shares or by guarantee
 
47 Liability of past member and of estate of deceased member for debts of society
 
48 Right of member to withdraw from society
 
49 Expulsion of member
Part V ORGANISATION AND MANAGEMENT OF SOCIETIES
 
50 General meeting
 
51 Meeting of delegates
 
52 First meeting
 
53 Annual general meeting
 
54 Functions of annual general meeting
 
55 Extraordinary general meeting
 
56 Quorum at general meeting
 
57 Voting at general meeting
 
58 Minutes of general meeting
 
59 Constitution of committee of management of society
 
60 Eligibility for membership of committee of management, or to be key employee of credit society
 
61 Functions of committee of management
 
62 Meetings of committee of management
 
63 Liability of members of committee of management of society
 
64 Disclosure of interests in transactions, property, offices, etc.
 
65 Restrictions relating to honoraria, etc., of members of committee of management and employees
 
65A Suspension of officers
Part VI PROPERTY AND FUNDS OF SOCIETIES
 
66 Capital
 
67 Restrictions on loans
 
68 Restrictions on borrowing
 
69 Investment of funds
 
70 (Repealed)
 
71 Contributions to Central Co-operative Fund and Singapore Labour Foundation
 
72 Distribution of net surplus
 
73 Bonus certificates and bonus shares
Part VII AMALGAMATION AND TRANSFER
 
74 Amalgamation of societies
 
75 Transfer of societies
Part VIII DUTIES AND POWERS OF REGISTRAR
 
76 (Repealed)
 
77 Power of Registrar to inspect books of societies
 
78 (Repealed)
 
79 Inquiry by Registrar
 
80 Examination of books of indebted society
 
81 Communication of defects in working of societies
 
82 Costs of inquiry and examination
 
83 Dissolution of societies
 
84 Powers of liquidator
 
85 Powers of Registrar to control liquidation
 
86 Enforcement of order
 
87 Limitation of jurisdiction of civil court
 
88 Disposal of assets on liquidation
 
89 Cancellation of registration
 
90 Surcharge and attachment
 
91 Settlement of disputes
 
92 Case stated on question of law
 
93 Miscellaneous powers of Registrar
 
93A Power to freeze bank accounts
 
93B Codes, guidelines, etc., by Registrar
 
94 Extraordinary powers of Registrar
Part IX MISCELLANEOUS
 
95 Power of Minister to make rules
 
95A Foreign co-operative societies
 
96 Special power of Minister to grant exemption from requirements as to registration
 
97 Special power of Minister to exempt societies from provisions of this Act
 
97A General exemption
 
97B Amendment of Schedule
 
98 Recovery of sums due to Government
 
99 Prohibition on use of word "co-operative"
 
100 General penalty
 
100A False reports made by officer to member of committee of management, auditor or member of society
 
100B Fraudulently inducing persons to invest or deposit money with society
 
100C Fraud by officers against creditors of societies
 
100D Offences by bodies corporate, etc.
 
100E Jurisdiction of court
 
100F Composition of offences
 
101 Certain Acts not to apply
THE SCHEDULE Matters required to be in by-laws of co-operative society Legislative History
Co-operative Societies Act
Status:
Not current version (effective from 31 Jul 2009 to 31 Aug 2009)
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  • Document
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  • 30 Mar 1987
    1985 RevEd
  • 16 Apr 1990
    Amended by
    Act 13 of 1990
  • 16 Nov 1998
    Amended by
    Act 37 of 1998
  • 20 Oct 2008
    Amended by
    Act 23 of 2008
  • 31 Jul 2009
    2009 RevEd
  • 01 Sep 2009
    Amended by
    Act 3 of 2009
  • 10 Apr 2018
    Amended by
    Act 3 of 2018
  • 31 Aug 2018
    Amended by
    Act 9 of 2018
  • 22 Apr 2019
    Amended by
    Act 3 of 2018
  • 20 Jun 2019
    Amended by
    S 439/2019
  • 01 Nov 2019
    Amended by
    Act 3 of 2018
  • 30 Jul 2020
    Amended by
    Act 40 of 2018
  • 02 Jan 2021
    Amended by
    Act 40 of 2019
  • 31 Dec 2021
    2020 RevEd
  • 01 Apr 2022
    Amended by
    Act 25 of 2021
  • 01 Apr 2023
    Amended by
    Act 36 of 2022
  • 18 Jul 2024
    Amended by
    Act 17 of 2024
  •  
30 Mar 1987
16 Apr 1990
16 Nov 1998
20 Oct 2008
31 Jul 2009
1 Sep 2009
10 Apr 2018
31 Aug 2018
22 Apr 2019
20 Jun 2019
1 Nov 2019
30 Jul 2020
2 Jan 2021
31 Dec 2021
1 Apr 2022
1 Apr 2023
18 Jul 2024
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    2009 RevEd
  • 31 Dec 2021
    2020 RevEd
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