Australian Capital Territory Repealed Acts

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This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 47

Effect of fraud

    (1)     A person's entitlement under this division to make an assumption is not affected only by the fact that anyone—

        (a)     has acted or is acting fraudulently in relation to the dealing or acquisition or purported acquisition of title to property to which the assumption relates; or

        (b)     has forged a document to which the assumption relates that appears to have been sealed on behalf of a cooperative.

    (2)     A person is not entitled to make the assumption if the person has actual knowledge of such fraudulent action or forgery.



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