Western Australian Current Acts

CO-OPERATIVES ACT 2009 - SECT 244Y

244Y .         Consideration of reports at annual general meeting

        (1)         The directors of a co-operative must lay before the annual general meeting —

            (a)         in the case of a large co-operative — each of the following reports for the last financial year that ended before the annual general meeting —

                  (i)         the financial report;

                  (ii)         the directors’ report;

                  (iii)         the auditor’s report;

                or

            (b)         in the case of a small co-operative — any report for the last financial year that ended before the annual general meeting that the co-operative is required to provide to members before the date of the meeting under section 244V or a direction under section 244I or 244J.

        Penalty for this subsection: a fine of $1 000.

        (2)         Despite The Criminal Code section 23B(2), it is immaterial for the purposes of subsection (1) that any event occurred by accident.

        [Section 244Y inserted: No. 7 of 2016 s. 85.]