Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 361

If an application is made to the Supreme Court under this part in relation to a proposed compromise or arrangement, the Supreme Court may—

        (a)     before making any order on the application, require the registrar or anyone else to give to the court a report about—

              (i)     the conditions of the compromise or arrangement or of the scheme for or in relation to which the compromise or arrangement has been proposed; and

              (ii)     the conduct of the officers of the entities concerned; and

              (iii)     anything else that, in the opinion of the registrar or the person, ought to be brought to the attention of the court; and

        (b)     in deciding the application, have regard to anything contained in the report; and

        (c)     make orders about the payment of the costs of preparing and giving the report.