Legals & Compliance
Blue-Stick Youth Multi-Purpose Cooperative Society Limited operates in full compliance with the regulatory frameworks of the Republic of Zambia.
Cooperative Registration
Registered under the Registrar of Cooperatives (Ministry of Small and Medium Enterprise Development) in accordance with the Cooperative Societies Act, No. 20 of 1998 of the Laws of Zambia.
Tax & Fiscal Compliance
Registered as an active corporate taxpayer with the Zambia Revenue Authority (ZRA). Compliant with annual corporate filings and holding an active tax clearance status.
Regulatory Exemption & Operations
Bank of Zambia Compliance
In accordance with the Banking and Financial Services Act of the Laws of Zambia, Blue-Stick Youth Multi-Purpose Cooperative Society Limited operates as a closed, member-only savings and credit group (SACCO).
Under this model, deposit-taking and credit disbursement services are strictly prohibited from being offered to the general public, and are offered **exclusively to registered, validated members** who have subscribed to shares in the society, in full alignment with Bank of Zambia compliance rules.
Approved By-Laws & Governance
Our administrative decisions, capital distribution rules, and credit assessments are governed strictly by our **Approved Cooperative By-Laws**, stamped and authorized by the Registrar of Cooperatives.
The society is managed by a democratically elected Board of Directors, ensuring absolute fiduciary oversight, audited annual statements, and secure member interest management.
Data Privacy & Resident Verification
Under the Data Protection Act of Zambia, we strictly protect your personal files. Your National Registration Card (NRC) scans and optional Home GPS coordinates are stored inside private, encrypted document vaults. They are strictly utilized for residential verification by our administrative board and are never shared with third-party networks or analytics companies.