In Morocco, cooperatives are regulated by law 112-12 on cooperatives of November 21, 2014. There are also other texts regulating housing cooperatives, mining cooperatives, the national federation of cooperatives and agrarian reform cooperatives.
The main regulations can be summarized as follows:
Law 112-12 on cooperatives - All cooperatives are subject to this law, with the exception of agrarian reform cooperatives
Royal Decree No. 552-67 of December 17, 1968 - Relative to land credit, constitution credit and concerns housing cooperatives
Law 74-15 promulgated on August 25, 2016 - It concerns the procedure for obtaining the authorization to mine mineral deposits
Dahir n ° 1-58-376 of November 15, 1958 regulating the right of association - This law concerns the constitution and the functioning of the national federation of cooperatives, For the missions they are mentioned at the level of the law 112-12
Dahir bearing law n ° 1-72-277 of December 29, 1972 - Relating to the allocation to farmers of agricultural land in the private domain of the State
For the Office for the Development of Cooperation (ODCO), a member of the International Cooperative Alliance, Law 112-12 is suitable for the Moroccan cooperative movement and has many characteristics, including:
Simplification of the creation procedure, Reduction of the number of members from 7 to 5, Abolition of the approval prior to the exercise, submission to public procurement, and possibility for cooperatives to become a company.
There remains a problem and an issue related to co-operative financing because banks treat cooperatives as any private enterprise in financing their projects, hence the importance of thinking about creating a cooperative bank.
Key recommendations for improvement
In order for national cooperative legislation to be more appropriate for cooperative development, recommendations need to focus on the following:
Mandatory requirement for a feasibility study, Remuneration of board members, the supervisory committee must be mandatory, the establishment of a 2% reserve called the Education and Training Fund.
It is important that the cooperatives in Morocco are all subject to law 112-12 including the agrarian reform cooperatives. It is also necessary to train decision-makers and legislators to enable them to understand the specificity of cooperatives. Consequently, it is necessary to revise article 102 to reinforce the attributions of ODCO and its financial and human resources and to envisage an annual subsidy for the national federation of the cooperatives.