Transcription of CONSTITUTION FOR A PRIMARY CO-OPERATIVE
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CONSTITUTION FOR A PRIMARY CO-OPERATIVE
Annexure D Republic of South Africa Co-operatives Act, 2005 CONSTITUTION FOR A PRIMARY CO-OPERATIVE Name of CO-OPERATIVE : SOUTHERN AFRICAN MUSIC RIGHTS ORGANISATION CO-OPERATIVE LIMITED Registration No.: [ ] Abbreviated name of the CO-OPERATIVE : SAMRO (CO-OP) LTD DRAFT FOR DISCUSSION ONLY TABLE OF CONTENTS Clause number and description Page 1. INTERPRETATION .. 3 2. RECORDAL .. 13 3. FORM OF CO-OPERATIVE .. 14 4. BUSINESS OF THE CO-OPERATIVE .. 14 5. OBJECTIVES OF THE CO-OPERATIVE .. 14 6. POWERS AND CAPACITY OF THE CO-OPERATIVE .. 17 7. AMENDMENTS TO THE CONSTITUTION .. 18 8. GOVERNANCE RULES .. 18 9. MEMBERS AND QUALIFICATION FOR AND DETERMINATION OF MEMBERSHIP .. 19 10. TERMINATION OF MEMBERSHIP .. 22 11. TRANSFER OF MEMBERSHIP .. 27 12. TRANSMISSION OF MEMBERSHIP BY OPERATION OF LAW .. 31 13. FINANCIAL YEAR .. 31 14. ACCOUNTING RECORDS AND FINANCIAL STATEMENTS.
Annexure D Republic of South Africa Co-operatives Act, 2005 CONSTITUTION FOR A PRIMARY CO-OPERATIVE Name of co-operative: SOUTHERN AFRICAN MUSIC RIGHTS ORGANISATION CO-OPERATIVE LIMITED Registration No.: [Š]
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