Co-operatives Act, 2005 (Act No. 14 of 2005)Chapter 9 : Winding-up or De-registration of Co-operatives71. Modes of winding-up |
| (1) | A co-operative may be wound up— |
| (a) | voluntarily in terms of section 71A; |
| (b) | by an order of the court in terms of section 72; or |
| (c) | by order of the Tribunal in terms of section 72B. |
| (2) | The Minister must, by notice in the Gazette, prescribe procedures relating to each of the modes of winding-up within three months of commencement of the Co-operatives Amendment Act, 2013. |
[Section 71 substituted by section 54 of Notice No. 558, GG 36729, dated 5 August 2013]