Co-Operative Societies Act 2008
38.
First general meeting
1. This section does not
apply to a society if it is continued pursuant to this Act.
2. Within 2 months of
the date of its registration, a society shall hold a general meeting at which
all members are entitled to be present and to vote.
3. Notwithstanding
subsection (2), where the Board applies to the Registrar, he may extend the
time for holding the general meeting.
4. The business at the
general meeting mentioned in subsection (2) must include—
a.
the
making of the by-laws;
b.
the
adoption of forms of share certificates and records of the society;
c.
the
authorising of the issue of shares;
d.
the
appointment of an auditor to hold office until the next annual general meeting;
e.
the
making of banking arrangements; and
f.
the
transaction of any other business.