(1) A person other
than a co-operative must not trade, or carry on business, under a name or
title containing the word “Co-operative” or
“Cooperative” or the abbreviation “Co-op” or words
importing a similar meaning.
Penalty for this subsection: a fine of $2 000.
(2) The regulations
may exempt or provide for the exemption of specified entities or kinds of
entities from subsection (1).
[Section 242 amended: No. 7 of 2016 s. 83 and
200.]