If members of a co-operative would like to divide a co-operative into two or more co-operatives, a special resolution is needed. Pass a special resolution at a general meeting convened for approval of the division.  Each of the new co-operatives will have to comply with the requirements of a co-operative.  The agreement must set out the terms of the division and how the division will be done, including the following:

  • The provisions of the constitution of each co-operative
  • Which members will become members of each of the co-operatives
  • The manner in which the assets, rights, liabilities and obligations of the cooperative are to be divided between the co-operatives to be constituted by the division
  • The business of each of the co-operatives constituted by the division and the area or sector in which they are to operate; and
  • The name and address of the proposed directors of the co-operatives have to be constituted.

To divide a co-operative, follow these steps:

Register as a Customer

To view information on how to register as a customer, click here.  If you are already registered as a customer, and know your customer code and password, proceed to step 2.

Deposit funds

Deposit R125-00 into the CIPC bank account.  For the bank account details, click here.

Divide the co-operative

icons-print.pngPrint and complete the following forms:

icons-upload.pngScan and e-mail the completed and signed documents together with supporting information to cooperativesonline@cipc.co.za

icons-doc.pngThe following supporting documents must be included in your e-mail:

    • Confirmation notice of name reservation - CoR9.4
    • Certified identity copy of members
    • Power of attorney (if applicable)
    • Proof of payment of R125 per co-operative
    • Copy/Summary of the proposed division agreement must accompany the notice of meeting
    • The constitutions of the co-operatives to be constituted by the division must be submitted to the CIPC for approval together with a notice of their registered offices and a notice of the directors of the co-operatives in question.
    • A declaration by the directors of the co-operative being divided, establishing that the relevant provisions of its constitution have been complied with in approving the division;
      A declaration by the directors of each co-operative constituted by the division, establishing that there are reasonable grounds to believe that-
        • the co-operatives to be constituted will be able to pay their liabilities as they become due;
        • the realisable value of the assets of the co-operatives to be constituted will not be less than the total liabilities, share capital and reserves; and
        • the interests of creditors will be protected in compliance with section 64.

Service turnaround time:  10 working days from date ofthe application.

Click here to lodge an enquiry.

Important:  Queries relating to  transactions already lodged should only be submitted once the Service Turnaround Time has lapsed.