STEP 1.Drafting of Documents

• Drafting of Articles of Cooperation, By-Laws and Economic Survey

• Submit the final draft to Registry for approval at least 28 days before the formation meeting

• The Registry will then:send you an acknowledgement letter with the

name of the person who will be reviewing your documents

discuss any areas that need clarificationconfirm the co-operative’s proposed

operating nameforward the approved documents to be

presented at your formation meetingforward an Application for registration form

STEP 2.

Formation Meeting

• Held after receiving the Application for registration and the approved documents

• At least 5 prospective members attends• Prepare the following for signing

– 2 copies of the By-Laws– 1 copy of Economic Survey– Application for registration form

• Make copies of By-Laws enough for everyone

• Prospective members complete the application of membership form

• Elect a chairperson and secretary• Discuss and finalize the rules• Vote to adopt the rules

2/3 of the prospective members shall agree

• Elect Board of Directors• Authorize a contact person

During the formation meeting

STEP 3.

Apply to register your cooperative.

• (2) copies of By-Laws shall be signed by the chairperson and secretary

• 1 copy of Economic Survey shall be signed by the chairperson and secretary

• Application for Registration Form shall be signed by:– the chairperson– secretary– a Justice of the Peace– Notary Public Solicitor or Commissioner for Affidavits– two directors– three members

• Send the Registry, within 2 months:– the completed Application for registration form– two copies of the rules signed by the chairperson

and secretary of the formation meeting– a copy of Economic Survey signed by the

chairperson and secretary– the list of the board of directors– the application fee

• Registry will then:– register your co-operative– send you a registration certificate with a copy of the

registered rules.