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Section 15
To be registered
: (1) If the following are found to be the case during the examination of the documents received with the application in accordance with sub-section (1) of section 14, the registrar or an officer authorized by the registrar shall register such cooperative organization within thirty days from the date of the application and issue a registration certificate in the prescribed format. It will be :-
(a) The regulations submitted with the application are in accordance with this Act and the rules made under this Act (b) The proposed cooperative organization has a basis that can be operated in accordance with cooperative values, beliefs and principles,
(c) Cooperative organizations are community-based and member-centered and have a clear basis for operation and control (d) Fulfillment of other specified grounds.
(2) If the investigation according to sub-section (1) shows that the regulations of the proposed cooperative organization cannot be registered without amendment, the registrar or the officer authorized by the registrar shall notify the petitioner within fifteen days from the date of receipt of the business opening application.
(3) Notwithstanding anything else written in this Act, cooperative societies registered and operating at the time of commencement of this Act shall be deemed to be registered in accordance with this Act.
(4) While registering a cooperative organization in accordance with this section, the officer under sub-section (1) of section 14 may prescribe any condition to be followed by such cooperative organization.
(5) If the condition is prescribed according to sub-section (4), it shall be the duty of the cooperative organization concerned to comply with it.
(6) Notwithstanding anything written elsewhere in this section, in the case of a metropolitan city and sub-metropolitan city, a savings and loan cooperative shall be registered in a ward or in a municipality or rural municipality according to the prescribed standards.
(7) In the case of a specialized association as per section 9, it can be registered only in such a way that there is no duplication of services provided by the subject district cooperative association or the central subject cooperative association.
(a) The regulations submitted with the application are in accordance with this Act and the rules made under this Act (b) The proposed cooperative organization has a basis that can be operated in accordance with cooperative values, beliefs and principles,
(c) Cooperative organizations are community-based and member-centered and have a clear basis for operation and control (d) Fulfillment of other specified grounds.
(2) If the investigation according to sub-section (1) shows that the regulations of the proposed cooperative organization cannot be registered without amendment, the registrar or the officer authorized by the registrar shall notify the petitioner within fifteen days from the date of receipt of the business opening application.
(3) Notwithstanding anything else written in this Act, cooperative societies registered and operating at the time of commencement of this Act shall be deemed to be registered in accordance with this Act.
(4) While registering a cooperative organization in accordance with this section, the officer under sub-section (1) of section 14 may prescribe any condition to be followed by such cooperative organization.
(5) If the condition is prescribed according to sub-section (4), it shall be the duty of the cooperative organization concerned to comply with it.
(6) Notwithstanding anything written elsewhere in this section, in the case of a metropolitan city and sub-metropolitan city, a savings and loan cooperative shall be registered in a ward or in a municipality or rural municipality according to the prescribed standards.
(7) In the case of a specialized association as per section 9, it can be registered only in such a way that there is no duplication of services provided by the subject district cooperative association or the central subject cooperative association.