A co-operative is
declared to be an applied Corporations legislation matter for the purposes of
the Corporations (Ancillary Provisions) Act 2001 Part 3 in relation to the
Corporations Act Parts 5.8 and 5.8A, subject to the following modifications
—
(a)
section 589(2) and (3) are taken to be deleted;
(b) a
reference in section 592(1)(a) to 23 June 1993 is to be read as a reference to
1 September 2010;
[(c) deleted]
(d) any
other modifications, within the meaning of the Corporations (Ancillary
Provisions) Act 2001 Part 3, that are prescribed by the regulations.
[Section 214 amended: No. 7 of 2016 s. 65.]