The Department of Enterprise, Trade and Employment is seeking the views of stakeholders on certain aspects being considered for inclusion in forthcoming Co-operative Societies legislation.
Currently, the Industrial and Provident Societies (IPS) Acts 1893-2021 provide the statutory basis for the formation and general operation of industrial and provident societies and is the primary legislation within which co-operatives operate. It has long been acknowledged that the IPS legislation is no longer fit for purpose in a number of areas.
Work is nearing completion on proposed legislation to repeal the IPS legislation and provide a modern and effective legislative framework suitable for the diverse range of organisations using the co-operative model in Ireland.
The department is now consulting on a number of specific issues prior to finalising legislative proposals.
Submissions
The deadline for submissions is 5pm on Friday, 25 February 2022.
Respondents are requested to make submissions using the Response Template to coopconsultation@enterprise.gov.ie