Western Australian Current Acts Western Australian Current Acts (1) In the case of a
co-operative registered under Part 2 Division 4, the first annual general
meeting of the co-operative must be held within 18 months after registration
under this Act.
(2) In the case of a
co-operative registered under Part 2 Division 5, the first annual general
meeting of the co-operative must be held within 18 months after the last
annual general meeting held by that co-operative before it was registered
under this Act.
(3) The second or any
later annual general meeting of a co-operative must be held within —
(a) 5
months after the close of the financial year of the co-operative; or
(b) a
further time that may be allowed by the Registrar or is prescribed by the
regulations.
(4) An annual general
meeting is to be held in addition to any other meetings held by a co-operative
in a year.
(5) A co-operative
commits an offence if it does not hold an annual general meeting as required
by this section.
Penalty for this subsection: a fine of $1 000.
(6) Despite The
Criminal Code section 23B(2), it is immaterial for the purposes of subsection
(5) that any event occurred by accident.
[Section 190 amended: No. 7 of 2016 s. 52.]