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Co-operative Credit Union Regulations, 2015 🇬🇭

Ghana

Table of Contents

L.I. 2225

Co-operative Credit Union Regulations, 2015

  • Published in Government Gazette on 30 October 2015
  • Commenced on 11 December 2015
  • [This is the version of this document from 30 October 2015.]
IN exercise of the power conferred on the Minister responsible for Finance by section 45 of the Non-Bank Financial Institutions Act, 2008 (Act 774) and acting in consultation with the Bank of Ghana, and the power conferred on the Board under section 4(2) of the Bank of Ghana Act, 2002 (Act 612), these Regulations are made this 28th day of October, 2015.

General provisions

1. Regulation 1—Scope

These Regulations apply to a Co-operative Credit Union registered under a law that provides for the registration of Co-operative Credit Unions in Ghana, and licensed by the Bank of Ghana.

2. Regulation 2—Purpose of Regulations

The purpose of these Regulations is to
(a)establish the Co-operative Credit Unions Supervisory Agency and provide for the functions of that Agency; and
(b)provide for rules to govern the lice…

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