Preamble

Date of Authentication
2074/7/4

Amending Act

1. An Act to Amend Certain Nepal Acts, 2075             2075.11.19

2. An Act to Amend Certain Acts Relating to the Prevention of Money Laundering and Promotion of Business Environment, 2080         2080.12. 30

Act No. 41 of the Year 2074

Preamble: Whereas it is expedient to amend and consolidate the prevailing laws relating to cooperatives in order to make economic, social and cultural upliftment of members of cooperatives through the integration of capital, technology and talents scattered amongst farmers, craftsperson, labourers, low-income groups and marginalised communities or general consumers in accordance with norms, values and principles of cooperatives; to promote the regulation of cooperative organisation as community-based, member-centric, democratic, autonomous, corporate entity and to develop self-reliant, sustainable and socialism-oriented national economy by way of cooperative farming, industries, goods and services enterprises;

Be it enacted by the Legislature-Parliament referred to in clause (1) of Article 296 of the Constitution of Nepal.