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Soviet Union (365) > Cooperatives (8)

Name: Law No. 8998-XI of the Union of Soviet Socialist Republics on Co-operatives in the USSR
Country: Soviet Union
Subject(s): Cooperatives
Type of legislation: Law, Act
Adopted on: 1988-05-26
Entry into force:
Published on: Vedomosti Verkhovnogo Soveta SSSR, 1988-06, No. 22, pp. 375-421
Izvestia, 1988-06-07, Printed separately, 60 p.
ISN: SUN-1988-L-6306
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=6306&p_lang=en
Bibliography: Vedomosti Verkhovnogo Soveta SSSR, 1988-06, No. 22, pp. 375-421
Izvestia, 1988-06-07, Printed separately, 60 p.
Abstract/Citation: This law sets forth the economic, social, organisational and legal terms of operations of co-operatives. Its stated purposes are to speed up the democratisation of economic life, to impart fresh impetus to the farming co-operative movement and to create the conditions for involving people in co-operatives. The law lays down the relationship between the State and co-operatives, expands opportunities for initiative and self-management and increases the responsibility of co-operative members for the results of their work. It includes guarantees of the right to work, the right to a personal income commensurate with the quantity and quality of work and the right to social security. The rights and responsibilities of co-operative members are stipulated in s. 13, and the principles governing the management of co-operatives in s. 14. Under the Resolution of the Supreme Soviet of the USSR on the procedure for putting the Law into effect, it entered into force on 1 July 1988. Available in English.
Repealing text(s):

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