Australian Capital Territory Repealed Acts

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This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 44

The assumptions

    (1)     The assumptions that a person may make are as follows:

        (a)     that the cooperative's rules have been complied with;

        (b)     that anyone who appears, from information provided by the cooperative that is available to the public from the registrar, to be a director or officer of the cooperative—

              (i)     has been properly appointed; and

              (ii)     has authority to exercise the functions customarily exercised by a director or officer of a similar cooperative;

        (c)     that anyone who is held out by the cooperative to be an officer or agent of the cooperative—

              (i)     has been properly appointed; and

              (ii)     has authority to exercise the functions customarily exercised by that kind of officer or agent of a similar cooperative;

        (d)     that anyone who is, or may be assumed to be, an officer or agent of the cooperative who has authority to issue a document or a certified copy of a document on its behalf also has authority to warrant that the document is genuine or is a true copy;

        (e)     that a document has been properly executed by the cooperative if it is signed by 2 people, 1 of whom is, or may be assumed to be, a director of the cooperative, and the other a director or officer of the cooperative;

        (f)     that a document has been properly sealed by the cooperative if it bears what appears to be an impression of the cooperative's seal and the sealing of the document appears to be witnessed by 2 people, 1 of whom is, or may be assumed to be, a director of the cooperative, and the other a director or officer of the cooperative;

        (g)     that the officers and agents of the cooperative properly exercise their duties to the cooperative.



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