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Ministry of Industrial Development, SMEs and Cooperatives (Cooperatives Division)

Functions of Cooperatives Division


Functions of the Cooperatives Division

The Cooperatives Division has the following main functions:
 
     (i) provision of legal and institutional framework;
 
     (ii) registration of Co-operative Societies;
 
     (iii) auditing, supervision, inspection and monitoring of co-operative societies;
 
     (iv) coordinating co-operative activities with other institutions;
 
     (v) preparation of programmes and policies for the co-operative sector;
 
     (vi) conception, implementation and monitoring of national co-operative development projects;
 
     (vii) coordination of foreign financial and technical assistance for the implementation of co-operative projects;
 
     (viii) ​advising and assisting co-operative societies and federations in the implementation of their plans and projects;
 
     (ix) data collection and publication of reports on co-operatives and the Co-operative Movement;
 
     (x) assisting co-operative societies in modernising their activities and in attaining financial and functional autonomy;
 
     (xi) promoting new management concepts through HRD, training and education within the co-operative sector; and
 
     (xii) promoting and developing the Co-operative Movement in every field of human activities for the economic social and cultural upliftment of the
           adherents and the community generally.
 

Section

Function

1.  Administration

 Formulate and implement policies with regard to co-operatives and their development

 Carry out overall monitoring of the activities of, and co-ordination between the different sections of

 the Division


2.  Registrar,

Co-operative Societies Unit

 Provision of conducive legal and institutional framework for co-operative development

 Ensure the enforcement of and compliance with the Co-operative Societies Act by all co-operative   societies

 Registration of co-operative societies

 Supervision, inspection and monitoring of co-operative societies

 Auditing the accounts of co-operative societies

 Provision of education and training for the promotion and modernization of the co-operative sector

 Inquiry

 Settlement of Disputes in Co-operative societies

 Liquidation of Co-operative societies

 Organisation of Co-operative events

3.  Co-operative Development Unit

 Making proposals for the development of co-operative sector

 Preparing and drafting sectoral development plans and review of the co-operative sector

 Assisting in the formulation of policies relating to the co-operative sector

 Examining project proposals and advising on their viability or otherwise

 Formulating project requests for assistance from aid/donor agencies

 Examining feasibility studies of co-operative projects

 Project implementation

 Providing sectoral inputs to and participate at the level of bilateral joint-commission meetings

​ Assessing prospects for the development of the co-operative sector, identifying problems     ​ connected with this sector and advising on the policy measures to be taken

 Providing and maintaining up-to-date and reliable information on the co-operative sector

4.  Co-operative Audit Unit

 Subject to appointment in a general meeting by the society and where annual revenue does not   exceed the prescribed amount:

 

 Audit of cooperative societies’ accounts

 Report on non-compliance to Rules with particular emphasis on financial matters

 Review and update the audit approach and procedures

 Ensure quality and sufficiency of audit are maintained