Australian Capital Territory Repealed Acts

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This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 198

Resolution by circulation of document

    (1)     If all the members of a cooperative have signed a document that sets out the terms of the resolution and contains a statement that they are in favour of the resolution, the resolution is taken to have been passed at a general meeting of the cooperative.

    (2)     The document need not exist as a single document, but may exist in the form of 2 or more documents in identical terms.

    (3)     The document is taken to constitute a minute of the general meeting.

    (4)     Anything attached to the document and signed by the members signing the document is taken to have been presented to the cooperative at the general meeting.

    (5)     The document is taken to have been signed by all the members when the last member signs the document.

    (6)     The meeting mentioned in subsection (1) is taken to have been held on the day, and at the time, when the last member to sign the document does so.

    (7)     This section does not affect any rule of law about the effectiveness of the assent of members of a cooperative given to a document, or to anything else, otherwise than at a general meeting of a cooperative.



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