The object of this legislative instrucment is to regulate the formation and operation of cooperative housing societies.
The Act deals with the administrative and management structures, functions and responsibilities of these financial institutions.
It also establishes the Registrar of Co operative Housing Societies as the State supervisory authority for these societies and details its powers and functions, including investigation and prosecution of offences under the Act and the imposition of penalties.
The following Subordinate Legislation should be examined:
- Financial Intermediaries Regulation 2007
The following Guides or Booklets are available:
- Prudential Standards (relating to the affairs and operations of societies)
These are available only from the Registrar.