Western Australian Current Acts

CO-OPERATIVES ACT 2009 - SECT 244ZZE

244ZZE . Exemptions: classes of co-operatives

        (1)         The Registrar may, by order published in the Gazette in respect of a specified class of co-operatives, exempt any of the following from compliance with all or specified requirements of the target provisions referred to in subsection (2) —

            (a)         directors;

            (b)         the co-operatives themselves;

            (c)         auditors of the co-operatives.

        (2)         For the purposes of subsection (1), the target provisions are Divisions 2 to 12 of this Part, including provisions of the Corporations Act (as applying under any of the provisions of those Divisions), but not including the Corporations Act Part 2M.4 Division 4 as so applying.

        (3)         The exemption may —

            (a)         be expressed to be subject to conditions; and

            (b)         be indefinite or limited to a specified period; and

            (c)         if indefinite, be expressed to commence on a specified date.

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