AUPE Multi-purpose Co-operative Ltd

       
 

OBJECTIVE

 
     
  The objects of the Society shall be:  
  (a) To promote the economic interest of its members;  
     
  (b)
To encourage thrift, co-operation, self-help and mutual assistance amongst its members;
 
     
  (c)
To promote and popularise the buying and selling of consumer goods and services on a co-operative basis;
 
     
  (d)
To prevent permanent indebtedness of its members by enabling them to obtain loans on reasonable terms; and
 
     
  (e)
To establish and operate such co-operative schemes, ventures or projects subject to the approval of the Registrar.
 
     
  In furtherance of its objects, the Society shall be at liberty;  
  (a)
To enter into contracts with members and non-members for the purchases, produce, manufacture, processing, packaging, storage, packing, transportation, display, distribution or sale of consumer goods and services and to arrange for the registration, grant or use of any trade mark, patent right, licence or permit in relation thereto;
 
     
  (b)
To appoint or to act as representatives and agents for the purpose of carrying on the business of the Society;
 
     
  (c)
To raise funds by obtaining loans and deposits from members and non-members subject to the Act and the By-laws;
 
     
  (d)
To purchase, lease, rent, hold, hire, develop, mortgage, sell or otherwise acquire, deal with or dispose of such movable or immovable properties or any portion thereof as may be required for use as shops, offices or for any other purposes of the Society for the conduct of its business and the welfare of the co-operative movement, with the previous sanction of the Registrar;
 
     
  (e)
To frame administrative policy and rules and such other regulations as may be required for the proper conduct of the Society's business; and
 
     
  (f)
To do all other things as may be necessary, incidental or conducive to the attainment of any of the objects of the Society subject to the prior approval of the Registrar.
 
     
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