URBAN COUNCILS ACT Chapter 29:15 222 Establishment of co-operatives (1) Subject to any other enactment, with the written approval of the Minister and subject to such terms and conditions as he may impose, a council may— (a) establish and foster co-operative companies and co-operative societies to carry on any commercial, industrial, agricultural or other activity; and (b) advance moneys and give other assistance to any co-operative company or co-operative society established in terms of paragraph (a). (2) The Minister, after consultation with the council concerned, may give the council such directions as he considers necessary in regard to the carrying on of any activity by a cooperative company or co-operative society established in terms of subsection (1) or as to the winding up of any such co-operative company or co-operative society. (3) A council shall comply with any directions given by the Minister in terms of subsection (2). PART XVI POWERS TO CO-OPERATE WITH THE STATE, LOCAL AUTHORITIES AND OTHER PERSONS 223 Co-operation through agreement with State, local authorities and persons (1) Subject to this section, a council may by agreement co-operate with the State or with any other local authority or other person for the better or more economic carrying out, either by any of the contracting parties or by the use of joint facilities, of any matter which the council may by law perform and in which the contracting parties are mutually interested. (2) The conditions of any agreement referred to in subsection (1) shall be embodied in a deed of agreement to be entered into and subscribed to by the contracting parties and shall, inter alia, as far as may be necessary or expedient, provide for— (a) the date upon which the agreement shall come into force, the period for which it shall endure and the terms and conditions on which— (i) any of the parties thereto may withdraw therefrom; and (ii) another local authority or other person may become a party thereto; and (iii) the agreement may, during its currency, be terminated; and (b) the money, material, land, buildings or other property or things to be provided by each of the contracting parties, and the payment, if any, to be made therefor; and (c) the charges, if any, to be borne by, and the income or profit, if any, to be payable to each of the contracting parties; and (d) the apportionment between the contracting parties of the income, profits, assets, losses and liabilities arising out of the operation of the agreement; and (e) the raising of loans, subject to the approval of the Minister, either jointly or separately by the contracting parties and the determination of their liability under and generally the terms and conditions of any such loan; and (f) the management, control, execution and audit of any matter forming the subject of the agreement; and (g) the rights, powers, privileges and duties of each contracting party; and (h) the amount of and the manner of fixing and collecting the charges, if any, to be paid in regard to any matter forming the subject of the agreement; and (i) the making of regulations or by-laws, subject to this Act or any other law conferring the power thereof, in regard to any matter forming the subject of the agreement; and (j) the delegation by the contracting parties of any or all of their powers and duties relating to any matter forming the subject of the agreement to one of their number or to a joint committee appointed by them. (3) Where the Minister considers that the co-operation of any council with any other local authority or other person for any purpose which they may by law perform would be of public advantage, he may make an order for the drawing up of a deed of agreement for the purposes specified therein, and such agreement shall, subject to subsection (4), be framed in accordance with the requirements of subsection (2). 83