2021-11-11

FS.S.6.11 – Minimum Number of Members in a Society

The regulator issued FS.S.6.11 to establish the minimum membership threshold for societies. This requirement mandates that a registered society must maintain at least three members to qualify for incorporation and retain valid legal status. Adhering to this threshold prevents administrative deregistration and ensures proper governance compliance.

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Namibia Financial Institutions Supervisory Authority

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Create Date November 11, 2021

Last Updated October 22, 2024

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