Co-operatives Act, 2005 (Act No. 14 of 2005)Chapter 2 : Registration, Constitution, Powers of Co-operative and Registered Office and Record Keeping by Co-operativePart 2 : Constitution and powers of co-operative14A. Associate members |
| (1) | The constitution of a co-operative may provide for persons— |
| (a) | who want to provide support to the co-operative without becoming members of the co-operative; or |
| (b) | who may benefit from a co-operative without becoming members of the co-operative, |
to be appointed as associate members.
| (2) | Associate membership is a temporary membership which is valid for a period of 12 months: Provided that nothing in this section prohibits an associate member from applying for full membership at any time. |
| (3) | After the period of 12 months, associate members, subject to the approval by the members of the co-operative— |
| (a) | have the choice to become full members of a co-operative; or |
| (b) | may have their associate membership renewed for a further 12 month period. |
| (4) | A co-operative that has associate members must indicate in its financial reporting system the full number of both its members and associate members. |
| (5) | Associate members do not have any voting rights. |
[Section 14A inserted by section 13 of Notice No. 558, GG 36729, dated 5 August 2013]