Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 103

    (1)     The rules must be divided into paragraphs numbered consecutively.

    (2)     The rules may state the objects of the cooperative.

    (3)     The rules may incorporate any provision of the model rules approved under section 106.

    (4)     The rules may provide for the imposition of a fine on a member for any infringement of the rules.

    (5)     If the rules provide for the imposition of a fine, the rules must specify the maximum fine that may be imposed on a member.

    (6)     The maximum fine provided under the rules must not exceed any amount prescribed by regulation as the maximum fine.

    (7)     The rules may contain other provisions not inconsistent with this Act or another territory law.