Australian Capital Territory Repealed Acts

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This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 218

Delegation by board

    (1)     If the rules of a cooperative so provide, the board may by resolution delegate its functions to—

        (a)     a director; or

        (b)     a committee of 2 or more directors; or

        (c)     a committee of members of the cooperative; or

        (d)     a committee of members of the cooperative and other people if members are the majority of the committee members.

Note     For the making of delegations and the exercise of delegated functions, see the Legislation Act

, pt 19.4.

    (2)     To remove any doubt, if the rules of a cooperative so provide, the board may delegate its functions under section 75.

    (3)     Subsection (2) does not limit subsection (1).



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