An Act to provide for the registration, inspection, examination and supervision of

co-operative societies which belong to the people who use their services, the

control of which rests equally with all their members, and the gains from

which are distributed among the members in proportion to the use they make

of these services or their interest in their society; to repeal the Co-operative

Societies Ordinance; to provide that co-operative societies registered under

the Act repealed by this Act shall continue in existence and in operation as if

registered under this Act; to encourage co-operative development by the

provision of services to assist the organisation and operation of various kinds

of co-operative societies to meet the economic and social needs of their

members on a self-help basis; and to provide for all matters incidental to the

foregoing.