39Power to form companies and enter into joint ventures

39 Power to form companies and enter into joint ventures

39 Power to form companies and enter into joint ventures

Without limiting any other provision of this Law, a co-operative has power—

(a) to form or participate in the formation of a corporation or unit trust; and

(b) to acquire interests in and sell or otherwise dispose of interests in corporations, unit trusts and joint ventures; and

(c) to form or enter into a partnership, joint venture or other association with other persons or bodies.