Co-operative Societies.
[CAP. 33
meeting.
21. The supreme authority in a registered society General shall be vested in the general meeting of members at which every member has a right to attend and vote on all questions. Subject to the provisions of sections 24 and 25 of the Ordinance, each member shall have one vote only which shall be exercised in person and not by proxy.
meeting.
22. The first meeting of members shall have the same First powers as are given to the annual general meeting, and shall be held immediately or not later than one month after the receipt of the certificate of registration of the society.
general
23. The annual general meeting of members shall be Annual convened by the committee as soon as the report on the meeting. audit of the accounts of the registered society by the Registrar, or person authorized by him is received by the committee. At least eight days' notice shall be given before any such general meeting is held: Provided that the Registrar may at any time after the audit of the accounts has been completed convene the annual general meeting which shall proceed as if it had been convened by the committee.
24. The functions of the annual general meeting shall Functions of be-
(a) to confirm the minutes of the previous annual-
meeting and of any intervening special general meeting;
(b) to consider the reports of the committee and the balance sheet together with the report on the audit of the accounts of the registered society for the previous year as prepared by the Registrar or the person authorized by him;
(c) to approve the accounts or if the accounts are not approved to cause the secretary to notify the Registrar who shall consider the matter and make his decision thereon, and such decision as to the correctness of the accounts shall be final and conclusive;
(d) to hear and decide upon any complaints brought by members aggrieved by a decision of the committee: Provided that notice of such complaints to be brought before the meeting has been given
193
annual general meeting.
Co-operative Societies.
[CAP. 33
meeting.
21. The supreme authority in a registered society General shall be vested in the general meeting of members at which every member has a right to attend and vote on all questions. Subject to the provisions of sections 24 and 25 of the Ordinance, each member shall have one vote only which shall be exercised in person and not by proxy.
meeting.
22. The first meeting of members shall have the same First powers as are given to the annual general meeting, and shall be held immediately or not later than one month after the receipt of the certificate of registration of the society.
general
23. The annual general meeting of members shall be Annual convened by the committee as soon as the report on the meeting. audit of the accounts of the registered society by the Registrar, or person authorized by him is received by the committee. At least eight days' notice shall be given before any such general meeting is held: Provided that the Registrar may at any time after the audit of the accounts has been completed convene the annual general meeting which shall proceed as if it had been convened by the committee.
24. The functions of the annual general meeting shall Functions of be-
(a) to confirm the minutes of the previous annual-
meeting and of any intervening special general meeting;
(b) to consider the reports of the committee and the balance sheet together with the report on the audit of the accounts of the registered society for the previous year as prepared by the Registrar or the person authorized by him;
(c) to approve the accounts or if the accounts are not approved to cause the secretary to notify the Registrar who shall consider the matter and make his decision thereon, and such decision as to the correctness of the accounts shall be final and con- clusive;
(d)
to hear and decide upon any complaints brought by members aggrieved by a decision of the com- mittee: Provided that notice of such complaints to be brought before the meeting has been given
193
annual general meeting.
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