Co-operatives Act, 2005 (Act No. 14 of 2005)

Chapter 5 : Governance of Co-operatives

33. Appointment of directors
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(1)The directors of a co-operative must be appointed in accordance with such conditions as provided for in its constitution.

 

(2)The following persons are not competent to be directors:
(a)a person of unsound mind;
(b)an unrehabilitated insolvent;
(c)a person who has at any time been convicted (whether in the Republic or elsewhere) of theft, fraud, forgery, perjury or any offence involving dishonesty in connection with the formation or management of a co-operative or other corporate entity.