From CapeNews.Net By ELIZABETH W. SAITO August 8, 2014 Forty years ago today, President Richard M.
Co-operative Societies (Amendment) Act No. 11
(enacted in 1992)
The Co-operative Societies (Amendment) Act No. 11 of 1992 amends the Co-operative Societies Law No. 5 of 1972 in Sri Lanka.
The act addresses the following topics:
- inquiry and inspection;
- eligibility to vote;
- dissolution of the committee of a society;
- declarations of assets and liabilities; and
- related matters.
The text of the Co-operative Societies Law No. 5 of 1972 is currently unavailable. According to secondary sources, the law provides for the development of co-operative societies and addresses issues related to the constitution and control of co-operative societies as well as other related matters.