Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 21

    (1)     A draft of the rules proposed for the cooperative (including active membership provisions in accordance with part 6) must be submitted to the registrar at least 28 days (or, if the registrar allows a shorter period, that period) before the formation meeting is proposed to be held.

    (2)     The proposed rules must—

        (a)     comply with sections 102 (Content of rules—generally) and section 103 (Other requirements about contents of rules etc); and

        (b)     if the rules contain any alterations of the model rules—be accompanied by a statement setting out the alterations and the reasons for the alterations.

Note 1     If a form is approved under s 466 for proposed rules, the form must be used.

Note 2     If the rules do not provide for a matter included in the model rules, the provision of the model rules is taken to be included in the rules (see s 106 (3))

    (3)     The registrar may—

        (a)     approve the rules as submitted; or

        (b)     approve rules different from the rules as submitted; or

        (c)     refuse to approve the rules.

    (4)     The registrar approves the rules by giving notice of the approval of the rules to the person who submitted them to the registrar.

    (5)     The registrar must give notice of the refusal to approve the rules to the person who submitted the rules to the registrar.