Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 211

    (1)     Subject to this Act and the rules of the cooperative, the business of a cooperative must be managed by a board of directors.

    (2)     The board of directors may exercise all the functions of the cooperative that are not, by this Act or the rules of the cooperative, required to be exercised by the cooperative in general meeting.

    (3)     The acts of a director are valid despite any defect that may afterwards be discovered in the director's appointment or qualification.