The monetary thresholds for the co-operative's annual revenue as per its financial statements or projected annual revenue to categorise primary co-operatives for purposes of sections 15A and 47 of the Act are as follows:
(a) | Less than R1 Million constitutes a Category Al Primary co-operative which is a very small primary co-operative; |
(a) | At least R 1 Million but less than R10 Million constitutes a Category A2 primary co-operative which is a small primary co-operative; |
(b) | At least R10 Million but less than R25 Million constitutes a Category B primary co-operative which is a small to medium primary co-operative; and |
(c) | R25 Million or more constitutes a Category C primary co-operative which is a medium to large co-operative. |