Chapter 2 Formation and Registration of Cooperative Organisation

Section 10: Formation of Federation of National Cooperatives

Estimated reading: 1 minute 17 views

1) The following Organization or Association may together form the National Federation of Cooperatives with the objective of promoting good governance in the cooperatives sector on the basis of values, norms and principles of cooperatives:-

a) More than 50% of the District Sectoral Cooperatives Associations formed pursuant to Section 4,

b) More than 50% of the District Cooperatives Associations formed pursuant to Section 5,

c) More than 50% of the Provincial Sectoral Cooperatives Associations formed pursuant to Section 6,

d) More than 50% of the Provincial Cooperatives Associations formed pursuant to Section 7,

e) More than 50% of the Central Sectoral Cooperatives Associations formed pursuant to Section 8.

2) Notwithstanding anything contained in sub-Section (1), the National Cooperatives Association Registered at the time of commencement of this Act shall be deemed to have been converted as the National Cooperatives Federation under this Act.

Share this Law

Section 10: Formation of Federation of National Cooperatives

Or copy link

Discover Nepal's laws effortlessly. Our user-friendly platform simplifies legal understanding and accessibility, serving individuals throughout the country.