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NO. 14 OF 2008SACCO SOCIETIES ACT
SUBSIDIARY Legislations of Subsidiary Legislation
1. Sacco Societies (Deposit taking Sacco Business) Regulations, 2010.............................
2. Sacco Societies
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Who needs form sacco societies deposit?
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Individuals who are members of a SACCO society and wish to make a deposit
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What is form sacco societies deposit?
Form Sacco Societies Deposit is a regulatory document that savings and credit cooperative organizations (SACCOs) must complete to report their deposit activities and comply with relevant financial regulations.
Who is required to file form sacco societies deposit?
All registered savings and credit cooperative societies (SACCOs) that operate in a regulated environment are required to file the form to report their deposit activities.
How to fill out form sacco societies deposit?
To fill out the form, SACCOs must provide relevant financial information including total deposits, number of members, and other required data as specified in the filing guidelines. It's important to refer to the specific instructions provided by the regulatory authority.
What is the purpose of form sacco societies deposit?
The purpose of the form is to ensure transparency and accountability in the operations of SACCOs, helping regulators monitor the financial health and compliance of these institutions.
What information must be reported on form sacco societies deposit?
Required information typically includes total member deposits, number of active members, loans issued, and other relevant financial metrics that reflect the SACCO's operations.
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