Compliance Mechanisms and Penalties:
The Registrar of Cooperative Housing Societies has the authority to make standards relating to the business and affairs of societies and to their supervision. Societies must comply with all relevant standards.
The Registrar has extensive powers to enforce compliance with the provisions of the Act. These include suspending the operations of a society, appointing an administrator to conduct its affairs or a liquidator if necessary. It may also appoint inspectors to monitor compliance and investigators to conduct special investigations into the affairs of societies.
Offences against the Act may lead to prosecutions in the Supreme Court.
Penalties include substanial fines and/or imprisonment.