In accordance with the Cooperative Societies Act 2005 & Cooperative Societies Regulations 2012 (Proposed), all cooperative societies must submit monthly statistical reports at the end of each month’s activities, signed by the General Manager and Chief Accounting Officer.


Eligibility 

All Registered Cooperative Societies.

Process 
  1. All cooperative societies are supplied with a soft and hard copy of the Monthly Statistical Report.
  2. Complete these forms including the activities for the current month.
  3. An electronic copy of the reports may be emailed to the Department of Cooperative Development, but the hard copy must follow in the mail.  The report must be submitted along with the supporting documents listed below.
  4. Once submitted, the report is reviewed by the department.  The department may require additional information and or clarification on the submitted reports.

 

Application Form(s) 
  • Cooperative Monthly Statistical Reports
  • Credit Union Monthly Statistical Reports
Supporting Documents 
  • Copy of balance sheet for that period ending
  • Income statement
  • Cash flow statement
  • PEARLS reports
Turn-around time 
Not Applicable
Deadline 
Monthly Statistical Reports should be submitted two weeks after the end of the month.
Related Fee(s) 

No fees are payable to the Department of Cooperative for this service.  However, the Director of Societies may levy a fine for non-compliance.

For more information please contact 

Cooperative Development
P.O.Box N-3028
Levy Building
Bay Street East
Nassau, New Providence
The Bahamas
Tel. (242) 356-3152-4 or 323-6605
Fax. (242) 356-4622
E-mail: coopdevelopment@bahamas.gov.bs 
           coopbahamas@hotmail.com 
Opening hours: 9:00 am to  5:00 pm, Monday to Friday, except public holidays

 
Agency Contact Info
 
Cooperatives Development, Department of
Traders Building
East Bay St.
P.O. Box N-3208
Nassau, N.P., The Bahamas
coopdept@bahamas.gov.bs
Phone: (242) 397-7400
Fax: (242)- 356-4622
© 2011 The Official Website of the Government of The Bahamas.
All rights reserved.