Australian Capital Territory Repealed Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 164

Registration as administrator of estate on incapacity of shareholder

    (1)     This section applies to a person (the appointed person ) who is appointed under a guardianship law to administer the estate of someone (the incapable person ).

    (2)     If the incapable person is the registered holder of a share in a cooperative, the appointed person may be registered as the holder of that share as administrator of the estate of the incapable person.

    (3)     If the incapable person is entitled in equity to a share in a cooperative, the appointed person may, with the agreement of the cooperative and of the registered holder of that share, be registered as the holder of the share as administrator of the estate of the incapable person.

    (4)     In this section:

"guardianship law" means a law of a State or Territory relating to the administration of the estates of people who, through mental or physical infirmity, cannot manage their affairs.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback