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

Chapter 12A : Co-operatives Development Agency

Part 1 : Establishment, legal status, functions and powers of Agency

91C. Functions of Agency

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(1)The Agency, in order to achieve its objectives, must—
(a)establish competencies and capabilities in its operations, including the following functional areas:
(i)Financial support services (excluding co-operative banks registered under the Co-operatives Banks Act, 2007 (Act No. 40 of 2007);
(ii)non-financial support;
(iii)education and training;
(iv)support and extension services;
(v)market development; and
(vi)monitoring and evaluation;
(b)through its financial support services—
(i)design financial products to support the needs of co-operatives;
(ii)take responsibility for and implement any financial support programmes transferred to the Agency;
(iii)enter into agreements with other financial institutions and development agencies to establish co-funding and other partnership arrangements for the purposes of making financial support available to co-operatives; and
(iv)enter into agreements with the Co-operative Banks Development Agency and the Reserve Bank to link financing of co-operatives with co-operative banks and other financial co-operatives;
(c)through its education and training—
(i)assist co-operatives;
(ii)enter into agreements with relevant training institutions to provide training to co-operatives; and
(iii)provide technical and management training to co-operatives;
(d)through its support and extension services—
(i)promote and provide business development and other relevant support to co-operatives;
(ii)establish partnerships with community development workers, community development practitioners, community-based organisations, non-governmental organisations and co-operative associations in order to deliver support services to co-operatives;
(iii)assist and establish partnerships with any relevant organ of state to implement information relating to co-operatives and the shared support services centres aimed at providing information services to co-operatives at local level;
(iv)provide mentorship support to co-operatives; and
(v)develop and maintain data on co-operatives in partnership with the registrar, relevant national and provincial departments, municipalities, other interested governmental and non-governmental agencies and other persons;
(e)through its market development—
(i)promote access to export and marketing assistance offered by organs of state, and bilateral and multilateral agreements with other countries that are available to co-operatives;
(ii)link co-operatives to domestic and international markets;
(iii)form collaborative relationships with the South African Bureau of Standards and Proudly South African and other stakeholders to promote quality co-operative products and services; and
(iv)link co-operatives with state and private sector market opportunities;
(f)through its monitoring and evaluation—
(i)conduct research on co-operatives in partnership with higher education institutions;
(ii)monitor and evaluate trends and patterns in the development of co-operatives;
(iii)identify the needs of co-operatives and make recommendations on appropriate support programmes; and
(iv)identify gaps in existing and future support programmes and propose appropriate changes;
(g)report on or investigate its own activities in response to any complaint received by it or where it considers it necessary or desirable for the proper fulfilment of its functions;
(h)consider such recommendations, suggestions and requests concerning co-operatives as it may receive from the Minister; and
(i)conduct or commission such research as it deems fit or as requested by the Minister.

 

(2)The Agency must—
(a)participate in the activities of international bodies whose main purpose is to develop, promote and support co-operatives;
(b)encourage growth of category A primary co-operatives and category B primary co-operatives by providing the necessary advice and support to enable those co-operatives to comply with the auditing and accounting requirements provided for in this Act;
(c)report to the Department, and on any other matter at the request of the Minister; and
(d) where applicable, coordinate with other relevant agencies to promote and support co-operatives.

 

[Section 91C inserted by section 66 of Notice No. 558, GG 36729, dated 5 August 2013]