Victorian Numbered Acts

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CO-OPERATIVES AND PRIVATE SECURITY ACTS AMENDMENT ACT 2008 (NO. 13 OF 2008) - SECT 10

Deposit, debentures or CCUs in lieu of payment when share repurchased

    (1)     Insert the following heading to section 177     of the Co-operatives Act 1996

" Deposits, debentures or CCUs in lieu of payment when share repurchased ".

    (2)     In section 177(1)(b) of the Co-operatives Act 1996 , after "allot or issue debentures"     insert "or CCUs".

    (3)     In sections 177(3), (4) and (5) of the Co-operatives Act 1996 , for "The deposit or debenture" substitute "The deposit, debenture or CCU".



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