CHRIS HANI CO-OPERATIVE DEVELOPMENT CENTER

WHAT IS CO-OPERATIVE?

The Co-operative Act no.14 of 2005 describes a co-operative as an Autonomous Association of persons united voluntarily to meet their Common Economic and social needs and aspirations through a jointly owned and democratically controlled enterprise organised and operated on co-operative principles.

HOW TO START A CO-OPERATIVE?

First you need to nominate five directors, namely the Chairperson, Vice Chairperson, Secretary, Vice secretary and Treasurer. Then you Develop a constitution, and come up with five names that will be submitted to CIPC. All members must submit their certified ID copies and must be present on registration date as they need to sign all relevant docs and allowed pre-registration training. Registration fee R500

DIFFERENT KINDS OF CO-OPERATIVES.

The Act provides for the registration of the following forms of co-operatives:

• Primary Co-operative
• Secondary Co-operative
• Tertiary Co-operative
• Agricultural Co-operative
• Consumer Co-operative
• Social Co-operative
• Worker Co-operative
• Services Co-operative
• Marketing and Supply Co-operative
• Housing Co-operative
• Burial Society Co-operative
• Financial Services Co-operative