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CO-OPERATIVE SOCIETIES (REFORMS) ORDINANCE, 1980

 

Sections                          CONTENTS

         1.         Short title, extent and commencement.

         2.         Definitions.

         3.         Ordinance to override other laws, etc.

         4.         Act to continue to remain applicable to apex societies.

         5.         Cessation of certain persons and members of an apex society.

         6.         Members of Managing Committee.

7.        Filling up of vacancies in the Managing Committee and  appointment of an Administrator in certain cases.

         8.         Declaration as a defaulter and its consequences.

         9.         No compensation on termination of office.

       10.         Jurisdiction of courts barred.

       11.         Indemnity.

       12.         Power to make rules.

       13.         Removal of Difficulties.

 

CO-OPERATIVE SOCIETIES (REFORMS) ORDINANCE, 1980

(Pb Ord. XVII of 1980)

3rd  January 1981

 

An Ordinance to provide for the improvement of the constitution and working of certain co-operative societies in the Punjab

Preamble :

WHEREAS it is expedient to provide for the improvement of the constitution and working of certain co-operative societies in the Punjab in the manner hereinafter appearing;

           

NOW, THEREFORE, in pursuance of the Proclamation of fifth day of July, 1977, read with the Laws (Continuance in Force) Order, 1977 (CMLA’s Order No. 1 of 1977), the Governor of the Punjab is pleased to make and promulgate the following Ordinance : —

 

1.         Short title, extent and commencement : — (1) This Ordinance may be called the Co-operative Societies (Reforms) Ordinance, 1980.

            (2)        It extends to the whole of the Province of the Punjab.

            (3)        It shall come into force at once.

 

2.         Definitions : — (1) In this Ordinance, unless there is anything repugnant in the subject or context,—

            (a)        “Act” means the Co-operative Societies Act, 1925 (Bombay Act VII of 1925);

            (b)        “Apex society” means any one of the following, namely : —

                        (i)         The Co-operative Insurance Society of Pakistan Limited, Lahore;

                        (ii)        The Khanewal Co-operative Textile Mills Ltd., Khanewal;

                        (iii)       The Punjab Co-operative Union, Lahore;

                        (iv)        The Rural Supply Co-operative Corporation Limited, Lahore; and

                        any other co-operative society which the Government may, by notification in the official gazette, declare to be an apex society for the purposes of this Ordinance;

            (c)        “Government” means Government of the Punjab; and

            (d)        “Ordinance” means the Co-operative Societies (Reforms) Ordinance, 1980.

            (2)        The words and expressions used but not defined in this Ordinance shall have the same meanings as are respectively assigned to them in the Act.

 

3.         Ordinance to override other laws, etc : — The provisions of this Ordinance shall have effect notwithstanding anything to the contrary contained in any other law for the time being in force or in the constitution or bye-laws of an apex society or in any agreement, award, decree, injunction, judgment or order of any court.

 

4.         Act to continue to remain applicable to apex societies : — (1) An apex society shall continue to be regarded as a society and remain subject to the provisions of the Act in so far as they are not inconsistent with the provisions of this Ordinance.

            (2)        The Registrar shall have power to carry into effect the provisions of this Ordinance in relation to an apex society.

 

5.         Cessation of certain persons and members of an apex society : — (1) No person other than a co-operative society shall be a member of an apex society.

            (2)        Any person other than a co-operative society who, immediately before the commencement of this Ordinance, was a member of such society, shall forthwith cease to be a member of such society.

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