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EGY-1975-L-39052
Breadcrumb
Title_of_text
Productive Cooperative Law, No 110 of 1975.
Main Region
First Region
Country(ies)
Egypt
Subjects (Classification)
Cooperatives
Adopted on (Date of text)
1975
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
Productive cooperatives organize and develop the production energy in handicraft industries and productions services; they are democratic peoples organisations of persons active in the fields of handicraft industries and productive services. Enumerates the different types of productive cooperative organizations which are principal cooperative societies, federal productive cooperative societies, general productive cooperative societies, the Central Productive Cooperative Union. Specifies the targets of societies, conditions for membership and registration, as well as the formation of capital. Sets up the general assembly and the board of directors. Provides for the finances of principal productive cooperative societies and lists their tax exemptions and privileges. Sets forth the societies' financial system: it includes provisions on budgets, the distribution of surplus, accounts and audit, reserve funds. Other provisions cover internal regulations, the Federal Productive Cooperative Societies, the General Productive Cooperative Societies, and the Central Productive Cooperative Union. Entitles the Minister of Local Governement and Peoples Organisations to supervise productive cooperative Organisations. Offences against this Act are criminally sanctionned.
Serial region
Serial title
Printed Separately
Date
1975
Page range
34p.