Chapter 11 Records and Information

Section 73: Details to be made available

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1) A Cooperative Organisation shall make available within the prescribed time a Report every year, along with the following details to the Registrar or the authority authorised by the Registrar:

(a) Quarterly transactions, annual reports, and auditing reports,

(b) Annual programs, policies and plans,

(c) Policies and plans relating to net savings,

(d) Name of directors and list of remaining term of office,

(e) Information relating to the holding of the General Meeting,

(f) Number of shareholder members and share capital,

(g) Amount of credit borrowed by director or member and due to be repaid,

(h) Other details as specified by the Registrar or the authority authorised by the Registrar.

11A) The report to be submitted by the cooperative organisation pursuant to Sub-section (1) shall be entered into the Integrated Management Information System of the Department.

2) The Cooperative Bank shall submit the report referred to in sub-Section (1) to the Nepal Rastra Bank as well within the prescribed time.

1 Added by the Anti-Money Laundering and Business Environment Promotion Act, 2080.

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