law: Co-Operative Societies Act 2008 
  10.
  
  Content of by-laws
  1.      A registered society
  
  shall include in its by-laws provisions for-
  a.     
  
    conditions
  
  of membership, including-
                       
  
   i.        
  
    the
  
  right of joint members, if any;
                      
  
   ii.        
  
    the
  
  qualification for membership and the withdrawal of members and transfer of
  
  membership;
                     
  
   iii.        
  
    the
  
  amount of the membership fee and the annual fee, if any, to be paid by members;
                     
  
   iv.        
  
    the
  
  conditions on which membership ceases or may be terminated, the disposition
  
  that may be made on cessation or termination of a memberĺs interest and the
  
  determination of the value of the memberĺs interest; and
                      
  
   v.        
  
    the
  
  minimum value of shares that may be held by each member;
  a.    
  
     
  b.    
  
    the
  
  voting rights and the rights of making, amending and repealing by-laws, the
  
  right of members to vote by ballot and the manner, form and effect of votes at
  
  meetings;
  c.     
  
    directors,
  
  officers and members of the committees of directors-
                       
  
   i.        
  
    qualification,
  
  terms of office and removal;
                      
  
   ii.        
  
    the
  
  filling of vacancies, and
                     
  
   iii.        
  
    their
  
  powers, duties;
  a.    
  
     
  b.    
  
     
  c.    
  
     
  d.    
  
    the
  
  distribution of the property of the society on the dissolution thereof;
  e.     
  
    the
  
  borrowing powers of the society and the procedure for exercising those powers;
  
  and
  f.     
  
    any
  
  matter, in addition to those set out in paragraphs (a) to
  g.    
  
    that
  
  the members consider necessary or desirable.
  1.     
  2.      Subject to subsection
  
  (3), where the by-laws requires a greater number of votes or directors of
  
  members than that required by this Act to effect any action, the by-laws shall
  
  prevail;
  3.      The by-laws may not
  
  require a greater number of votes of members to remove a director than the
  
  number required for a special resolution.