My bookmarksSign up free
← Malaysia Co-operative Societies Commission Act 2007

Malaysia Co-operative Societies Commission Act 2007 s 23

Malaysia Co-operative Societies Commission Act 2007 s 23

s 23 Powers and functions of the Commission

The Commission shall have all powers, functions and duties imposed on it under this Act, the Co-operative Societies Act 1993 or any other written law, and without prejudice to the generality of the foregoing, the Commission shall also have the following functions: (a) to promote and maintain stability of the co-operative sector; (b) to be responsible for the surveillance, supervision and regulation of co-operative societies and the co-operative sector; (c) to encourage and promote sound and orderly development of co-operative societies and the co-operative sector; (d) to foster co-operative values and principles; (e) to create a conducive environment for co-operative societies to carry out their activities; (f) to register and revoke the registration of co-operative societies; (g) to act as trustee and to manage any scheme of Islamic financing or credit facility set up by the Government of Malaysia for co-operative societies; (h) to advise the Minister on all matters relating to co-operative societies and the co-operative sector; and (i) to carry out any function under any written law as may be prescribed by the Minister by notification published in the Gazette.

Read this section in the full act → · Open Part III →

Find Act 665 on lom.agc.gov.my ↗

Text as at 1 November 2012 (LOM reprint); amendments made after that date may not be incorporated.

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

What to look at next