Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 330

    (1)     If the registrar appoints directors of a cooperative under section 327 (Termination of appointment of administrator), the registrar may, by notice given to the cooperative, specify—

        (a)     a time during which this section is to apply in relation to the cooperative; and

        (b)     the conditions on which all or any of the directors hold office; and

        (c)     the rules that are to be the cooperative's rules.

    (2)     While this section applies to a cooperative, the registrar may, in writing—

        (a)     remove and appoint directors; and

        (b)     vary, revoke or specify new conditions in place of all or any of the conditions specified under subsection (1); and

        (c)     amend all or any of the rules specified under subsection (1).

    (3)     The registrar may, by notice given to a cooperative, extend the time for which this section is to apply to the cooperative.

    (4)     A rule specified by the registrar under this section as a rule of a cooperative—

        (a)     is not to be altered except in the way set out in this section; and

        (b)     if it is inconsistent with any other rule of the cooperative—prevails over the other rule, and the other rule is invalid to the extent of the inconsistency; and

        (c)     has the same evidentiary value as the cooperative's rules (and copies of them) have under this Act.