The Co-Operatives Act of Bhutan, 2001
The Act enumerates the core values and principles of cooperatives:
- Voluntary and open membership
- Effective member governance
- Member economic participation
- Autonomy and independence
- Education
- Training and information
- Cooperation among co-operatives
- Concern for the community
The Act enumerates the types and purposes of co-operatives, the requirements for their registration and rules applicable for the federation of co-operatives, union of co-operatives, and government co-operatives. It further defines how finances of co-operatives shall be managed.