Australian Capital Territory Repealed Acts

This legislation has been repealed.

COOPERATIVES ACT 2002 (REPEALED) - SECT 75

    (1)     A cooperative may impose a fine on a member for any infringement of the rules of the cooperative if the rules of the cooperative so provide.

    (2)     A fine imposed under subsection (1) must not exceed the maximum fine (if any) specified by the cooperative's rules.

    (3)     A fine may be imposed only if—

        (a)     notice of intention to impose a fine and the reason for it has been given to the member; and

        (b)     the member has been given a reasonable opportunity to appear before the board in person (with or without witnesses), or to send to the board a written statement, for the purpose of showing cause why the fine should not be imposed.

    (4)     The cooperative may set off the fine against any amount owing to the member in relation to any produce delivered by the member to the cooperative, but the fine must not be set off against any advance owing to the member from the cooperative in accordance with the rules against produce so delivered.