Lex Cameroon

Acte uniforme relatif au droit des sociétés coopératives › Title 4 › Chapter 1 › Section 2

SECTION 144

Today
The purpose of the federation is notably: - to ensure the application of the cooperative basis within the cooperatives and unions which are subsidiaries thereof; - to provide all necessary assistance for the formation, administration and management of subsidiary unions and cooperatives; - to promote and develop the cooperative movement as well as cooperation between cooperative organizations; - to protect and manage the interests of their members with public and private organizations; - to provide subsidiaries with all necessary services, including educational, administrative, professional, financial and ongoing training of members and to contribute to the realization of their objectives; - to study the interests of subsidiaries through statistics, and provide them with all information that can improve their operations; - to offer its subsidiaries its offices in case of disputes; - to assist its subsidiaries, subject to the specific duties of their bodies, in their monitoring assignments; - to act as a supervisory authority of the unions and subsidiary cooperatives; - to trigger the alert, for its subsidiaries, or inform the meeting of unions and subsidiary cooperatives of any observed irregularity; - To establish a fund to finance audits or external controls of its subsidiaries. The fund shall be powered by annual dues in proportion to the subscribed shares.
Unofficial translation Transcription: Spot-checked In force from 16-05-2011 Source page 42

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ARTICLE 144

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Section 144 of the Acte uniforme relatif au droit des sociétés coopératives /akn/ohada/act/loi/2010-12-15/auscoop-2010
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