ADVOKS GLOBAL · KENYA
Co-operative Societies Act
71. Offences relating to the liquidation of cooperative society
Edition: 2023-12-11 · In force
71. Offences relating to the liquidation of cooperative society
(1)The Third Schedule prescribes offences relating to conduct before and during liquidation and provides for criminal proceedings relating to those offences.(2)If the liquidator of a co-operative society whose registration has been cancelled reasonably suspects that an offence specified in the Third Schedule has or may been committed during or before the liquidation of the society, the liquidator shall report the matter to the Commissioner.(3)As soon as practicable after a suspected offence is reported in accordance with subsection (2), the Commissioner shall take such action (including prosecution of the offence) as the Commissioner considers appropriate.