Co-operatives Act, 2005 (Act No. 14 of 2005)SchedulesSchedule 1 : Special Provisions Relating to Certain Kinds of Co-operativesPart 3 : Financial Services Co-operatives7. Regulations |
| (1) | The Minister may, in consultation with the Minister of Finance, the Co-operative Bank Supervisor, the Registrar of Banks or the Registrars of Long-term or Short-term Insurance, or the Registrar of Medical Schemes, as the case may be, make regulations regarding any matter relating to the operation or administration of financial co-operative or any category of financial co-operative. |
[Item 7(1) substituted by section 257 of Act No. 45 of 2013]
| (2) | The Minister must at the request of the Minister of Finance, make regulations regarding any matter relating to the operation or administration of financial co-operative or any category of financial co-operative. |
[Item 7(2) inserted by section 90 (item 8 of Schedule) of the Co-operative Banks Act, 2007 (Act No. 40 of 2007), Notice No. 217, GG 30802, dated 22 February 2008]