Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 101

    (1)     The rules of a cooperative have the effect of a contract under seal—

        (a)     between the cooperative and each member; and

        (b)     between the cooperative and each director, the principal executive officer and the secretary of the cooperative; and

        (c)     between a member and each other member.

    (2)     Under the contract, each of those people agrees to observe and perform the provisions of the rules as in force from time to time so far as the provisions apply to the person.