A CRITICAL ASSESSMENT OF THE IMPORTANCE OF STUDYING CO-OPERATIVE LAWS AND RULES AS A QUALIFYING COURSE FOR THE AWARD OF THE ORDINARY NATIONAL DIPLOMA IN CO-OPERATIVE ECONOMICS AND MANAGEMENT

This research is channeled towards studying critically the origin, reasons, importance and the problems affecting the co-operative laws and rules.  It specifically dealt with different sections of the co-operative laws and rules and their importance or otherwise the growth of the co-operative. This law is passed to convey government recognition of co-operative societies as a desirable  way of doing business for Nigerians in general, but more particularly those with a felt need. Its prime objective is to provide self-help efforts to the people in the social, cultural and economic fields. Government appreciates the role of International Co-operative Alliance (I C A),  however, in identifying and enunciating the principles by which co-operative in the whole world can best achieve their goals and retain their peculiar co-operative circle.  This law is intended to translate those principles into legal norms and give them legal enforcement. Government, therefore wishes to use the co-operative Act to according to legal recognition to co-operative and promote and exist them to operate successfully. All the sections in this project is collected from Eastern Nigeria Co-operative Societies Decree 1993.

TITLE PAGE                                                                              I

APPROVAL PAGE                                                                    II

DEDICATION                                                                            III

ACKNOWLEDGEMENT                                                           IV

ABSTRACT                                                                                 V

TABLE OF CONTENTS                                                             VI

1.1 OBJECTIVE OF THE STUDY

1.2 SIGNIFICANCE OF STUDY

1.3   PURPOSE OF STUDY

1.4   LIMITATION AND SCOPE OF STUDY

1.5   DEFINITION  OF TERMS

2.1 CO-OPERATIVE LAW

2.2 HOW CO-OPERATIVE LAW LIMITS ITS GROWTH

2.3 CO-OPERATIVE LAW AND THE COURTS

2.4 MEMBERS OF CO-OPERATIVE AND ITS LAW

2.5 CONTENTS OF CO-OPERATIVE LAW

2.6 EASTERN NIGERIA CO-OPERATIVE LAW OF 1963.

3.1 CONTENTS OF THE CO-OPERATIVE RULES

3.2 OBSERVATION OF 1993 DECREE

4.1 CO-OPERATIVE MEMBERSHIP

4.2 DUTIES OF A MEMBER

4.3 THE POWERS AND DUTIES OF A CO-OPERATIVE REGISTRAR/DIRECTOR.

4.4 REPLACEMENT OF ENTIRE COMMITTEE.

5.1 SUMMARY OF FINDINGS

5.2 RECOMMENDATION

5.3 CONCLUSION